Afreximbank lends NNPC and Eroton $1.75bn and warns Africa must not bear green burden

Afreximbank boss says "stopping development for parts of Africa today to achieve a clean environment for the whole world tomorrow is utterly foolhardy"

Handshake: NNPC chief executive Umor Ajia (left) and Amr Kamel, executive vice president of business development at Afreximbank signed the $1bn loan facility in Durban on 17 November — Handshake: NNPC chief executive Umor Ajia (left) and Amr Kamel, executive vice president of business development at Afreximbank signed the $1bn loan facility in Durban on 17 NovemberPhoto: AFREXIMBANK

Iain Esau

London

NNPC Nigerian National Petroleum Corporation Afreximbank Africa Sub-Saharan Africa

Published 18 November 2021, 16:48Updated 23 November 2021, 11:24