News
25 March 2020

UK and EU pay off Somalia's $122m arrears to AfDB

Region:
Middle East & Africa

Arrears on loans owed by Somalia to the African Development Bank Group have been cleared after the United Kingdom and European Union paid the $122.55 million.The move marks the end of sanctions and the resumption of full re-engagement between the bank group and the East African nation. The...

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 to request access to TXF Intelligence contact us

Request Access

You might also like


Video
13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as...

Interview
13 January 2026

Strategic insight: Turning up the dial on export finance...

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion...