News
01 March 2018

Afreximbank to raise $200m from share sale

Region:
Middle East & Africa

Afreximbank is planning to raise up to $200 million via a share sale on the Nigeria Stock Exchange (NSE) to support lending and broaden its ownership base. The Cairo-based lender is in talks with Nigerian regulators to issue depositary receipts and raise equity worth $200 million by the third quarter.

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