Dangote seeks $5bn Afreximbank funding for refinery expansion

Africa’s richest man, Aliko Dangote, is seeking an additional $5 billion to expand operations at his Lagos-based refinery, according to Afreximbank’s new President, Dr. George Elombi. Elombi revealed the plan…

Afreximbank appoints Dr. Elombi as next president

The shareholders of the African Export-Import Bank (Afreximbank) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He…