in Short
Angola : Afreximbank closes US$1.75B facility for Sonangol
On 28 January 2026, the African Export-Import Bank (Afreximbank) successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The financing will support Sonangol’s operating and capital needs while promoting African-led financing models that enhance trade, industrialisation, and economic sovereignty across the continent.



