Cabinda Oil Refinery Project in Angola sees green light with $473m in financing

Cabinda Oil Refinery Project in Angola sees green light with $473m in financing

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, […]