Global Trade Alert
Global Trade Alert

Nigeria: Afreximbank enters into a USD 1 billion MoU with Bestaf Exploration and Production Ltd.

Announcement

19 Nov 2021

In November 2021, Afreximbank announced a USD 1 billion Memorandum of Understanding with the Nigerian Bestaf Exploration and Production Ltd.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Nov 2021

Revocation date:

No revocation date

Updated: 19 Nov 2021
State loan In force
On 19 November 2021, Afreximbank announced a USD 1 billion Memorandum of Understanding (MoU) with Bestaf Exploration and Production Ltd for the development of the facilities for gas monetisation. Acco...
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