Afreximbank lands $150million credit

Afreximbank lands $150million credit

The African
Development Bank (AFDB) has approved a $150 million line of credit for
Afreximbank, the Tunis-based bank said in a statement.

“This line of credit will be used to finance trade and trade-related
projects across the participating states of Afreximbank in Africa,” the
statement said. Afreximbank is a trade finance bank headquartered in
Cairo which was set up by African states and international
organisations.

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