ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Hamdan bin ...
Read More »Ofid extends $80m loan to boost trade in Africa
Vienna / WAM The Opec Fund for International Development (OFID) signed an $80 million loan agreement with the African Export-Import Bank (Afreximbank) to finance international trade directly among corporates or through financial intermediaries. The Opec Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors such as agriculture, ...
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