Afreximbank puts N$165bn on table for Dangote

Source: The Namibian · 2026-11-10T13:02:42.000Z · Finance

The African Export-Import Bank (Afreximbank) is prepared to put US$10 billion (about N$165 billion) behind Nigerian billionaire Aliko Dangote’s investment ambitions across Africa. Namibia is among the countries the industrialist is targeting for major infrastructure development. Afreximbank president George Elombi says the bank has no hesitation in making the money available to Dangote because of his track record in delivering large-scale industrial projects and repaying financing. “We have no difficulty putting US$10 billion on the table for him because the money would not be lost. We know the projects would be done, and with time as an institution we would

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