The board of Equatorial Palm Oil plc announced that Liberian Palm Developments Ltd. (LPD), the joint venture between EPO and BioPalm Energy Ltd., has appointed African Export-Import Bank (Afreximbank) as a corporate advisory partner for the purpose of securing a $140 million financing facility which is expected to be sufficient to fund the Palm Bay oil palm project located near the deepwater port of Buchanan in Liberia, West Africa (project). As corporate advisory partner to LPD, Afreximbank will be responsible for identifying and approaching suitable financiers for the facility.