Browsing Tag
Benedict Oramah
3 posts
African Trade Finance Report Reveals $5bn Capital Outflow in 2020
According to the report, the supply of trade finance was affected between the first quarter of 2020 due to the COVID-19 pandemic and the inherent tightening of financial conditions and the heightening balance of payment pressures and liquidity constraints.
Afreximbank, AAAM Sign MoU on Africa Auto Industry Financing
Under the terms of the MoU, Afreximbank and AAAM will work together to enhance the emergence of regional value chains with a focus on value-added manufacturing created through partnerships between global original equipment manufacturers, suppliers, and local partners.
Afreximbank, ITFC, BADEA Launch $1.5 billion Collaborative COVID-19 Response Facility
“COPREFA is designed to support African economies to overcome myriads of challenges including commodity price shocks, a significant drop in tourism and disruption to supply chains and export manufacturing.”