AFC secures US$300m loan from the CEXIM to boost trade finance in Africa

Africa Finance Corporation (AFC) has announced the successful signing of a US$300m loan facility agreement with the Export-Import Bank of China (CEXIM). This landmark agreement, signed on the sidelines of the Asian Infrastructure Investment Bank (AIIB) Annual meetings in Egypt, is poised to drive increased trade finance and investment across the African continent, fostering economic growth and development.

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