Republic of Congo to receive $250 million Afreximbank support for oil fields strategic plan
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Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238) Dr. Benedict Oramah, President of Afreximbank (Left), with Calixte Ganongo, Minister of Finance of Republic of Congo (centre); and Raphael Malonga, Ambassador of the Republic of Congo to Egypt, in group photo following the signing of the facility agreement in Cairo. Cairo, 11 January 2017 – The African Export-Import Bank (Afreximbank) and the Government of the Republic of Congo yesterday in Cairo signed a facility agreement under which the Bank will provide $250 million in future flow pre-financing to meet the Government’s strategic plan for its oil fields. Afreximbank President Dr. Benedict...