AfrexInsure : Oando Plc Joins Strategic Portfolio with Specialized Coverage

AfrexInsure, the insurance arm of the African Export-Import Bank (Afreximbank), announces a strategic partnership with Oando Plc, providing tailored insurance solutions to secure the Nigerian company’s energy investments. This partnership is part of a $650 million investment for the acquisition of Nigerian Agip Oil Company assets, aiming to mitigate geopolitical and operational risks, while promoting regional economic growth.