Afreximbank Provides $81.9m Loan for Veenocks Tile Plant Expansion in Ogun

Afreximbank Funds Veenocks Tile Plant Expansion with $81.9M Loan

Afreximbank has approved an $81.9 million senior term loan to Veenocks Limited for the expansion of its porcelain tile manufacturing plant in Sagamu, Ogun St...

Afreximbank provides $81.9m loan for Veenocks tile plant expansion in Ogun

KEY POINTS MAIN STORY The African Export-Import Bank (Afreximbank) has provided an $81.9 million senior term loan to support the expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State. The $145 million project will triple the plant’s annual production capacity from 3.3 million to 9.9 million square metres, increasing local production and […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Afreximbank Provides $81.9m Loan For Veenocks’ Tile Plant Expansion In Ogun

The Genius Media NG Afreximbank Provides $81.9m Loan For Veenocks’ Tile Plant Expansion In Ogun Afreximbank Provides $81.9m Loan For Veenocks’ Tile Plant Expansion In Ogun   The African Export-Import Bank (Afreximbank) has provided an 81.9 million dollars senior term loan to support the expansion of Veenocks Ltd’s porcelain tile manufacturing plant in Sagamu, Ogun.   The project, estimated to cost 145 million dollars, is aimed at increasing the …

Afreximbank supports Veenocks’ US$145 million project for industrial expansion and regional growth

PPF-funded studies enabled Veenocks to broaden its medium-term regional growth plans, while a US$81.9 million senior loan supports an expansion expected to triple annual production capacity CAIRO, Egypt, November 2, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has supported the development and expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project…

Afreximbank supports Veenocks’ US$145 million project for industrial expansion and regional growth - Press Network of India

CAIRO, Egypt : African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has supported the development and expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan. The project has a total estimated cost of US$145 million. Afreximbank and Veenocks signed a US$2 […]