Afreximbank agrees to $207m facility with NEXI in combating COVID-19 | The Guardian Nigeria News - Nigeria and World News

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African Export-Import Bank (Afreximbank) has announced the finalisation of a 207 million dollars facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned Japanese organisation focused on trade and investment.

Afreximbank’s Media Contact, Amadou Sall said in a statement in Abuja that the agreement was consummated on Friday in Cairo, Egypt.

“ The range of facilities supports the implementation of the Japanese Government’s decision at the TICAD7, to support African countries by facilitating the deployment of private capital,” he said. He said that the President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, said.

“ It will significantly bolster Afreximbank’s activities in financing vaccination acquisition and delivery on the continent.

 

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