African Export–Import Bank (Afreximbank) has entered into financing deals worth $1.2 billion with four African companies and a Memorandum of Understanding (MoU) with the African Union Development Agency (AUDA-NEPAD).

A breakdown of the transactions, which was consummated in Durban, South Africa, indicated that a $750 million deal was signed in the name of Eroton Exploration and Production Company Limited.

For more information, please see https://guardian.ng/business-services/afreximbank-seals-1-2b-financing-deals-with-four-firms/