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    Thursday, May 15

    Afreximbank launches $3 billion revolving facility for oil players

    Muthoga MunganiaBy Energy No Comments1 Min Read

    African traders in petrol, diesel and jet fuel among other oil products are set to benefit from a $3 billion facility from the African Export-Import Bank. The bank rolled out the $3 billion revolving credit line for African and Caribbean buyers to source oil products more easily from refineries on the continent.  Afreximbank expects the credit...

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    Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.

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