COURT OF APPEAL UPHOLDS APPEAL IN THE CASE BETWEEN AFREXIM V PATNASONIC RELATING TO A USD 25 MILLION FACILITY DISPUTE, UPHOLDS FOREIGN JURISDICTION CLAUSE AND LENDER’S RIGHT TO REPAYMENT IN DOLLARS
The Court of Appeal has, in a judgment delivered on July 8, 2026, allowed the Appeal in the case of African Export-Import Bank (“AFREXIM”) v Patnasonic in a dispute over…