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$1B Afreximbank Fund Launched to Power Local Oil & Gas Businesses

Summary by Guyana Times
In a bold move aimed at strengthening Guyana’s local oil and gas sector, the African Export-Import Bank (Afreximbank) on Monday officially launched a US$1 billion oil services financing facility at the Marriott Hotel in Georgetown. The initiative, a collaboration between the Bank and the Government of Guyana, seeks to bolster local content participation by providing targeted financial support to Guyanese firms operating in the energy industry. T…
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News Room Guyana broke the news in on Wednesday, May 21, 2025.
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