The China Development Bank (CDB) and African Export-Import Bank (Afreximbank) have signed an agreement to provide a $500 million facility to Afreximbank for the purposes of supporting trade enabling infrastructure projects in Africa. The facility carries a 10-year tenor. According to the terms of agreement, the facility will also be used to enable the African […]
Tag: AFREXIM Bank President – Dr Benedict Oranma
AFREXIM Bank To Grant Nigeria, Others $25Bn
The African Export-Import Bank has indicated that plans were ongoing to support Nigeria and some other African countries with $25 billion facility within the next three years. The Bank’s President, Dr Benedict Oranma, gave this hint during a media chat at the sidelines of the bank’s annual meeting in Abuja. He said that the funding […]