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Afreximbank lends US$200 million to Nigeria?s Shoreline- #BeltAndRoad #Economy #Infrastructure
['Michael Marray']
The Asset
Bank seeks to improve capacity of African construction firms to manage and deliver complex EPC projectsAfrican Export-Import Bank ( Afreximbank ) has approved a US$200 million revolving dual-tranche credit facility to Shoreline Power Company Limited and its co-borrowers, including Arkad, an Italian EPC ( engineering, procurement and construction ) contractor majority-owned by the Shoreline Group of Nigeria.