Oando, Afreximbank sign $800m deal

Oando Plc has signed a $800m deal with the African Export and Import Bank at the ongoing Intra-African Trade Fair in Cairo, Egypt. In a tweet on its X handle on Wednesday, IATF said that the deal was for a syndicated dual facility. It said, “Afreximbank has signed a US$800M Syndicated Dual Facility deal with