Africa-Press – Botswana. The African Export and Import Bank (Afreximbank) has one billion dollars, which will serve to set up a financial institution, essentially focused on supporting the oil and gas operations of national companies, members of the Organization of Oil Producers (APPO).
The announcement was made recently, in Luanda, by the chairman of Sonangol’s Board of Directors, Gaspar Martins.
According to the manager of the state oil company, national companies, members of APPO, should find other types of sources to strengthen Afreximbank’s portfolio, so that it can support the operations of the activities of oil and gas producing companies.
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