Energy, Oil & Gas

Heirs Energies' $750m financing named 'Best Oil & Gas Deal of the Year'

Heirs Energies Limited, Africa's leading indigenous-owned integrated energy company, has been recognised on the global stage after its landmark $750 million dual-tranche senior secured reserve-based lending (RBL) facility was named Best Oil & Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026....

Energy, Oil & Gas

Afreximbank underwrites $2.5bn in Dangote Refinery deal

African Export-Import Bank (Afreximbank) has underwritten $2.5 billion in the $4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). ...

Energy, Oil & Gas

Afreximbank boosts Angola’s energy sector with $1.75bn Sonangol facility

Afreximbank, alongside lead arrangers, secured a $1.75 billion syndicated receivables facility for Sonangol, Angola’s national oil company. The funding supports Sonangol’s operational and capital needs, while promoting African-led financing to drive growth, industrialisation, economic self-reliance, and sovereignty across continent....

Energy, Oil & Gas

Afreximbank backs Levene Energy with $64m for Axxela deal

African Export-Import Bank (Afreximbank) has provided a $64 million Acquisition Finance Facility to Levene Energy Development. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco enabling the acquisition of a 30 per cent equity stake in Axxela, one of West Africa’s leading gas and power infrastructure companies....

Energy, Oil & Gas

Heirs Energies agrees $750m Afreximbank financing to drive long-term growth

Heirs Energies secured a $750 million financing from Afreximbank, one of the largest for an indigenous African energy company, highlighting strong lender confidence in its performance, governance, brownfield expertise, and long-term growth prospects....