Afreximbank Supports Heirs Energies with $750 Million Investment in Nigeria
African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750 million financing partnership designed to optimize Heirs Energy's capital structure and unlock critical liquidity to support its working capital requirements as it pursues its ambitious field development program. The investment is expected to significantly transform Nigeria's domestic energy capacity as demand rises.
This collaboration comes at a crucial time for Nigeria, a nation grappling with increased energy demands and…