South Sudan, Afreximbank Settle $657M Loan Dispute, Drop Lawsuit

South Sudan, Afreximbank settle $657M loan dispute, drop lawsuit

JUBA, South Sudan (Eye Radio) – The Government of South Sudan and Afreximbank have settled a $657 million loan dispute, effectively suspending a court case filed by the bank earlier this year, a senior official has confirmed. The agreement was reached on Friday, May 30, during a high-level meeting chaired by Vice President and Chairperson of the Economic Cluster, Dr. Benjamin Bol Mel. The meeting was attended by senior government officials and a…

Guyana, Afreximbank host oil services financing roadshow

Dr Ashni Singh addresses the gathering at the event Guyana and the African Export-Import Bank (Afreximbank) have concluded a two-day roadshow aimed at promoting local access to a US$1 billion oil services financing facility. The initiative, first announced during the Guyana Energy Conference in February, seeks to accelerate local participation in the country’s expanding oil and gas industry. Held from May 21 to 22 in Georgetown, the event brough…

Government of Guyana - Afreximbank highlight opportunities under the US$1-billion oil financing facility - Caribbean News Global

GEORGETOWN, Guyana – The Cooperative Republic of Guyana and African Export-Import Bank (Afreximbank) have concluded a two-day roadshow to promote access to a US$1-billion oil services financing facility announced by the Bank in February this year during the Guyana Energy Conference. The roadshow which was held from 21 to 22 May in Georgetown, Guyana, brought together players in the oil and gas sector, finance sector and the government circles as…