Afreximbank in Floating Liquefied Natural Gas project

African Export-Import Bank (Afreximbank) has announced its execution of a project preparation facility financing head of terms with UTM Offshore Limited (UTM), under which the Bank will part-finance activities designed to progress a Floating Liquefied Natural Gas (FNLG) project in Nigeria to bankability. This deal marks Afreximbank’s ongoing support in leading UTM’s fundraising efforts to…