Tag: trade finance and investment
Export-Import Bank of China Loan to Boost Trade Finance in Africa
By Abdi Ali Published September 26, 2023 Africa Finance Corporation (AFC) has signed a three-year US$300 million loan facility agreement with Export-Import Bank of China (CEXIM) that is expected to drive increased trade finance and investment across Africa and foster economic growth and development. The two institutions have collaborated since 2018, with AFC receiving US$400…
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