The project in Akwa Ibom, Nigeria, targets producing an initial 1.8 million tonnes per annum (MTPA) of methanol, diversifying the local economy and generating over 18,000 jobs August 26, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest […]
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Afreximbank Facilitates $650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited’s 20% Interest in Nigerian Joint Venture
Also participating in the transaction were Indorama Eleme Petrochemicals Limited, with US$150 million, and Mercuria Energy Group, with US$150 million August 23, 2024/Afreximbank African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility […]
SEC Approves New and Up dated PCAOB Audit Standards and an Amendment to the PCAOB’s Contributory Liability Rule
Changes address general responsibilities of an auditor conducting an audit as well as technology-assisted analysis and contributory liability rule for associated persons August 20, 2024/US SEC The Securities and Exchange Commission today announced that it has approved two Public Company Accounting Oversight Board (PCAOB) proposals updating audit standards regarding general […]
