Etu Energias signs $190m facility for oil and gas reserves

In:

Oil & gas

Region:

Middle East & Africa

Africa Finance Corporation has invested $60 million in Etu Energias - formerly Somoil - the largest private Angolan oil company, as part of a drive to boost indigenous participation in the continent’s energy sector.The investment is part of a $190 million debt facility to support Etu Energias...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

The TXF Commodity Trade Finance Industry Report 2024: A sneak peek

Perspective

11 February 2025

The TXF Commodity Trade Finance Industry Report 2024: A...

The TXF Global Commodity Trade Finance Industry Report 2024 has arrived with qualitative and quantitative insights into industry sentiment. Read on to a find a full...

Expert opinion: E/S due diligence in ECA deals – A call for pragmatism

Perspective

14 February 2025

Expert opinion: E/S due diligence in ECA deals – A call for...

The litany of lengthy environmental and social (E/S) due diligence processes in ECA deals pose significant problems for projects in Africa. Ram Shalita, CEO & Partner at...

Must See

Podcast: Harding on Trump, tariffs and trade wars

Video

07 February 2025

Podcast: Harding on Trump, tariffs and trade wars

TXF spoke with Dr. Rebecca Harding, an independent trade economist and founder of strategic advisory business, Rebeccanomics to discuss how Trump’s renewed trade wars, from his tariffs to the reimposition of sanctions, will impact trade flows and the global economy.

Perspective

11 February 2025

The TXF Commodity Trade Finance Industry Report 2024: A sneak peek

The TXF Global Commodity Trade Finance Industry Report 2024 has arrived with qualitative and quantitative insights into industry sentiment. Read on to a find a full exploration of the latest opinions on oil market dynamics, supply chain risks, ESG and more besides.

Perspective

14 February 2025

Expert opinion: E/S due diligence in ECA deals – A call for pragmatism

The litany of lengthy environmental and social (E/S) due diligence processes in ECA deals pose significant problems for projects in Africa. Ram Shalita, CEO & Partner at Bluebird Finance & Projects highlights the issues and provides solutions to speed up deal gestation periods and reduce costs.