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Africa's richest man signs $650m Afreximbank loan for oil refinery

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ENERGY
Africa's richest man, Aliko Dangote, has signed a $650-million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria. The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.
 
 
 
 
 

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