Afreximbank to loan €300m to Sonara

Afreximbank to loan €300m to Sonara

President Paul Biya has authorised the government to enter into negotiations with the pan-African export-import bank to finance the Cameroon-based company’s imports of refined petroleum products.

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            ▪ Afreximbank to loan €300m to Sonara

▪ President Paul Biya has authorised the government to enter into negotiations with the pan-African export-import bank to finance the Cameroon-based company’s imports of refined petroleum products.

https://www.africabusinessplus.com/en/803890/afreximbank-pretera-300-millions-deuros-a-la-sonara/

The president’s decision was recorded in a memo dated 25 March sent by Ferdinand Ngoh, Secretary-General of the Presidency of the Republic, to his counterpart at the Office of the Prime Minister, Séraphin Magloire Fouda.

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