Oil & Gas
OPIC loans US$250 million to Nigerian fertiliser plant
A Nigerian nitrogen fertiliser plant is set to receive a US$250mn loan from OPIC to boost agriculture, infrastructure, energy and financial services in the country
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Syndicate of banks grant NNPC US$1.5bn loan to pay off debts
Nigerian state oil firm NNPC has been granted a loan of US$1.5bn by a syndicate of Nigerian and international banks to allow the company pay off its debts to international fuel traders
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Malawi secures US$76.5 million loan for fuel storage project
Malawi has secured a loan of US$76.5mn from the Export-Import Bank of India for the construction of fuel reserve facilities
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Cove executives to start Africa-focussed exploration firm
Former executives from Cove Energy Plc will start an Africa-focussed oil and gas exploration firm after the company was sold for US$1.9bn to Thailand’s PTTE, earlier in 2012
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Ugandans evicted to make way for oil refinery
Residents in the Kabaale village in
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