Intra-African Oil Import Financing Programme

Afreximbank launches US$3bn Intra-African trade finance programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30bn annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) has launched a US$3bn revolving Intra-African oil trade financing programme...

#Afreximbank#Benedict Oramah#Intra-African Oil Import Financing Programme