Sonangol Facility

Energy, Oil & Gas

Afreximbank boosts Angola’s energy sector with $1.75bn Sonangol facility

Sun, 01 Feb 2026

Afreximbank, alongside lead arrangers, secured a $1.75 billion syndicated receivables facility for Sonangol, Angola’s national oil company. The funding supports Sonangol’s operational and capital needs, while promoting African-led financing to drive growth, industrialisation, economic self-reliance, and sovereignty across continent.