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Afreximbank offers US$1 billion to Guyanese-owned oil companies

Summary by Demerara Waves
The Egypt-headquartered African Export-Import Bank (Afreximbank) on Tuesday tabled a US$1 billion offer to Guyanese-owned companies aimed at increasing their wealth, a proposal that President Irfaan Ali said government was considering. He told reporters that there was no deadline by which his administration has to inform Afreximbank that Guyana would tap into the financing facility.…
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Demerara Waves broke the news in on Wednesday, February 19, 2025.
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