Heritage Bank, Afreximbank, Zamfara seal $1b agric, solid minerals deal – Heritage Bank Plc, African Export Import Bank and Zamfara State government have sealed a deal to the tune of $1bn in the areas of mining, agriculture, water resources and others.
Heritage Bank is the banker to the project. Another financial handler involved in the deal is PAC Capital Limited, which is the investment banking arm of Pan African Capital Holdings, committed to facilitating investment activities and enabling growth across the continent.

Speaking with reporters at the signing of the MoU in Abuja, the MD/CEO of Heritage Bank, Ifie Sekibo, said the win-win collaboration amongst the institutions would promote and fast track support to Zamfara to enable it explore its unharnessed resources for the benefit of its people and the nation’s economy. According to him, the bold intiative would help unlock massive opportunities inherent in solid minerals and support efforts on local content promotion, facilitate industrial development and export development. Sekibo said: “It is a game changer that will drive formidable economic growth for the state government, serve as backbone to the economy through job creation, as well a way of cushioning the present economic situation.”