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ARIISE, Afreximbank sign term sheet for $400 million industrial parks facility - Vimarsana News

ARIISE, Afreximbank sign term sheet for $400 million industrial parks facility

As Bank unveils 2023 African Trade Report The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) yesterday signed a term sheet for a $400 million tranche under a proposed $1 billion global credit facility to support ARISE IIP in the development of industrial parks and Special Economic Zones (SEZs) in several African […]

UN, Africa bank form platform to ease Russia grains, fertiliser exports - Vimarsana News

UN, Africa bank form platform to ease Russia grains, fertiliser exports

The platform will allow due diligence with the clients to comply with sanctions but allow for exports of food and fertilizers to Africa.

Gabon, Sierra Leone Accede to Establishment Agreement of Afreximbank's Fund for Export Development in Africa - Vimarsana News

Gabon, Sierra Leone Accede to Establishment Agreement of Afreximbank's Fund for Export Development in Africa

The Republics of The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank

Kenya, Congo and Chad Accede to Afreximbank's Fund for Export Development in Africa (FEDA) Establishment Agreement - Vimarsana News

Kenya, Congo and Chad Accede to Afreximbank's Fund for Export Development in Africa (FEDA) Establishment Agreement

The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA),

5 banks to issue letters of credit for UAE fuel imports - Vimarsana News

5 banks to issue letters of credit for UAE fuel imports

Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates.