Saturday , November 23 2024

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$2.4bn of $5.5bn refinery loan repaid, says Dangote

Dangote

The founder of Dangote Group, Aliko Dangote, has revealed that he has paid off $2.4bn of the $5.5bn loan for his $19bn Lagos-based refinery. The Africa’s richest man also alleged that powerful oil cartels tried to undermine his refinery project. Speaking at the Afreximbank Annual Meetings in Nassau, The Bahamas, …

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African nations urged to harness AfCFTA for economic boost, others

Africa

Countries on the continent of Africa have been urged to take advantage of the advantages inherent in the African Continental Free Trade Agreement protocols to boost their economies and leapfrog food security in the sub-Saharan region. This is coming on the heels of the revelation that Africa currently has the …

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