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OANDO LOAN FACILITY AFREXIMBANK AND MERCURIA

Companies

Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day

Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375 million following capital injection from Afreximbank and Mercuria.

Izuchukwu Okoye · Jun 5, 2025 3 min