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Djibouti Secures $155 Million in Financing for Development Projects

Following the meeting between HE Mr. Ismaël Omar Guelleh, President of the Republic of Djibouti and Pr. Benedict Oramah, President of Afreximbank, and Chairman of GHIH, Mr. Aboubaker Omar Hadi on the sidelines of the ongoing Summit of Heads of State of the UA in Nairobi, we are pleased to announce the closing of $155 M loan to GHIH.
The loan was made through a club agreement between Afreximbank and BCIMR and the proceeds will be used to the completion of Damerjog Oil jetty and adjacent storage depot.