The development of regional value chains could see new vehicle sales increase from 1 million to 5 million units a year across Africa, according to Afreximbank.
Africa gets $32.6 billion deals for power, manufacturing, oil and gas, financial services, logistics projects at the Intra-African Trade Fair (IATF) concluded in Cairo.
The African Export-Import Bank (Afreximbank) in Cairo signed an agreement granting an EUR 30 million revolving trade financing facility to Caisse des Dépôts et Consignations du Gabon (CDC Gabon).
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue, says African Export-Import Bank (Afreximbank).
Building up to the Inaugural Intra-African Trade Fair (IATF) the Export Promotion Council of Kenya (EPC) and the African Export – Import Bank (Afreximbank) discussed strategies to deepen Kenya – Africa trade.
The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of 100 million Euros to finance various infrastructure projects in African countries.
The African Export-Import Bank (Afreximbank) says the $850 million in financing facilities being made available to the Bank greatly expand its support to African businesses seeking to diversify and expand their trade activities.
