Afreximbank finances $975 million management buyout of Oryx Energies

Afreximbank disbursed $975 million to part-finance a management buyout of Oryx Energies, moving the Addax Energy parent company under majority African ownership. The transaction represents a major African-led ownership shift in the energy sector.

• afreximbank
• oryx energies
• management buyout
• african ownership
• energy