Afreximbank signs $100m Trade Finance Facilitation Facility with Malawi's NBM, the largest such deal in the country.

The African Export-Import Bank (Afreximbank) has signed a $100 million Trade Finance Facilitation Facility with Malawi's National Bank of Malawi (NBM), the largest such deal in the country. This agreement aims to enhance NBM's ability to finance trade in sectors like manufacturing, energy, and agriculture. It also enables NBM to issue letters of credit, aiding the import of essential goods and promoting intra-African trade.

September 25, 2024
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