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Economy

Afreximbank backs buyout of Oryx Energies

Afreximbank has disbursed a Sh126 billion ($975 million) financing facility to part-fund the management buyout of Oryx Energies SA, the holding company of Addax Energy SA.

The Standard BusinessBy Standard Business
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Afreximbank backs buyout of Oryx Energies
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Original headline: “Afreximbank backs buyout of Oryx Energies”