China Development Bank and African Export-Import Bank to Support Small and Medium-Sized Enterprises

• August 29, 2023September 11, 2023

By Irene Gaitirira Published August 29, 2023 China Development Bank (CDB) has signed a development-focused agreement to provide African Export-Import Bank (Afreximbank) with a US$400-million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa. The agreement, signed by Tan Jiong, President of the state-funded…