News & Current Affairs
Afreximbank Launches $3B Plan to Boost Intra-African Oil Trade

The African Export-Import Bank (Afreximbank) has introduced a $3 billion financing initiative aimed at unlocking up to $14 billion in intra-African oil trade. The program seeks to harness Africa’s emerging refining capacity to reduce reliance on imports and foster regional commerce. Despite abundant crude reserves, African nations continue importing refined oil from countries like India […]source




