Afreximbank, China Development Bank Sign US$400m Loan To Support African SMEs

The China Development Bank (CDB) on August 29 in Cairo signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a US$400-million term loan facility to support the financing of Small and Medium-sized Enterprises (SMEs) across Africa. The agreement, signed by Mr. Tan Jiong, President of CDB, and Prof. Benedict Oramah, President and … Continue reading Afreximbank, China Development Bank Sign US$400m Loan To Support African SMEs