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...

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