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Afreximbank to Launch Currency Trading Platform in May 2024 to Address Intra-African Trade Financing Gap
The African Export-Import Bank (Afreximbank) recently announced it has plans to launch its currency trading platform as part of its ongoing plans to address the intra-African trade financing gap, esti...
NEXIM Discloses That Investors in Nigeria Earns 30% On ROI
The Nigeria Export-Import Bank recently disclosed that investors in Nigeria earn a 30% return on their investments.This was announced by Stella Okotte, Director of Business Development, NEXIM while ho...
Oando Plc Signs Contract Worth $800 million With Afreximbank in Cairo, Egypt
Oando Plc recently signed a deal worth $800 million in partnership with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair that took place in Cairo, Egypt.In a tw...
Nigeria Signs Contract With a Chinese Consortium Worth $463 Million to Improve Power
The Federal Government in collaboration with the Ministry of Power has reached an agreement with a Chinese consortium to improve power distribution lines—the contract is worth $463 million.Additiona...
AFC Secures $300 Million Loan from China's Eximbank to Promote African Trade Finance
The leading infrastructure solutions provider on the continent, Africa Finance Corporation (AFC), earlier signed a $300 million loan facility agreement with the Export-Import Bank of China (CEXIM). Th...