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The African Development Bank Group has signed an agreement with Dubai-based Mashreq allowing the bank to obtain guarantees covering up to 100% of the non-payment risk on eligible African trade-finance transactions, in a move designed to increase financing capacity for...
#AfDB#African trade#confirming banks
The African Development Bank (AfDB) and Bank of Africa SA (BofA) have signed a risk-sharing agreement of €50m to strengthen…
#AfDB#African Development Bank#African trade