Features

Analysis, interviews, roundtables, reports and more on the topics that matter to you.

Perspective
25 July 2013

Citi and AfDB sign risk agreement for African trade

Region:
Middle East & Africa
The African Development Bank (AfDB) has signed a $50-million Risk Participation Agreement (RPA) with Citi to support trade transactions originated by issuing banks in Africa. The facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. In addition, it will foster financial sector development and regional integration, and contribute to government revenue generation.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or take a free 14-day trial for selected news and newsletters

Free trial


You might also like


Perspective
12 February 2024

Northvolt: A test case in Euro gigafactory bankability

Northvolt’s latest big-ticket ECA-backed financing has set a benchmark for European gigafactory deals. But can Europe’s green industrial policy keep up with the pace of change...

Interview
20 February 2024

Corporate perspectives: Patience is a virtue for Elecnor's...

It’s still positive, and the benefits of the changes in the OECD Arrangement are already showing, says Angela Perez, head of structured finance at Spanish infrastructure and...