Afreximbank Provides $975 Million to Fund Oryx Energies Buyout
Afreximbank disbursed a $975 million financing facility to part-fund the management buyout of Oryx Energies, the holding company of Addax Energy. The transaction will bring the energy products and services provider under majority African ownership.
By Staff WriterAfrican Export-Import Bank (Afreximbank) has disbursed a $975 million financing facility to part-fund the management buyout of Oryx Energies, the holding company of Addax Energy, bringing the long-established African energy products and services provider under majority African owners…