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AFRICAN FINANCE CORPORATION

Egypt has joined the Africa Finance Corporation (AFC) as the first North African sovereign shareholder
Aiteo is said to owe the parties in question about $2 billion which was used to purchase Nigerian Oil Assets including Shell’s OPL 29.
Africa Finance Corporation has successfully issued a Eurobond at its lowest yield to date.
This entity will be co-owned by the CBN, AFC and the NSIA.