News
30 September 2024

Bank of Africa secures AfDB funds for trade finance

In:
Other
Region:
Middle East & Africa

AfDB has approved financing worth €70 million ($78.3 million) for Moroccan lender Bank of Africa to promote access to trade finance in Africa. The trade finance facility comprises a Risk Participation Agreement of €50 million and a Trade Finance Line of Credit of €20 million. 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


Interview
01 August 2025

Corporate perspectives: Jebsen & Jessen’s Schwartzhaupt on...

Ralf Schwarzhaupt, CEO, managing partner at Jebsen & Jessen Industrial Solutions, cautions that global uncertainty is making investors shy away from long term decisions....

Perspective
06 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...