Xlinks First Ltd., a prominent player in global energy solutions, has announced a significant $14.1 million investment from the Africa Finance Corporation (AFC), a leader in infrastructure solutions across the continent. This investment will fuel the development of the ambitious Morocco-UK Power Project, which aims to supply Britain with renewable energy sourced from Morocco. Strategic […]
The Cabinda Oil Refinery project in Angola has reached its financial close, thanks to Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC), and African Export-Import Bank (Afreximbank). This project, valued at $473 million, includes US$138 million of equity provided by the project sponsors and a $335 million project financing facility led by Africa Finance Corporation, […]
Brahms refinery project : Africa Finance Corporation (AFC) has signed an agreement with Brahms Oil Refineries, a part of the Switzerland-based Brahms Group, to join a petroleum storage and associated refinery project in Guinea. Located in Kamsar, the project will include a 76,000m3 crude oil storage terminal, a storage terminal with a capacity of 114,200m3 […]