The Meridian

Afreximbank €2bn syndicated facility to Bank of Industry

15 January 2025 Public record

Value
Undisclosed
Date
15 January 2025

Summary

Banwo & Ighodalo advised Afreximbank on a €2 billion syndicated facility to the Bank of Industry.

Transaction: Afreximbank €2bn syndicated facility to Bank of Industry

Client / parties: Bank of Industry; African Export-Import Bank; Africa Finance Corporation

Law firm(s): Banwo & Ighodalo

Transaction type: Syndicated Finance

Sector: Development Finance

Jurisdiction: Nigeria

Reported value: €2 billion

Advisers

Sources

Compiled by Meridian from the public announcements and filings listed under Sources.

  • Additional adviser information submitted to Meridian (firm dataset, October 2026), pending verification: Facility described as Afreximbank-led €1bn syndicated loan with a further €1bn accordion. A separate entry attributes a €2bn AFC term loan to Bank of Industry to Aluko & Oyebode; to be reconciled.
  • External researchers

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