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Afreximbank commits $40bn trade investment in Africa

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African Export-Import Bank (Afreximbank) will double its intra-African trade financing to $40 billion by 2026. According to NAN, Mrs Kanayo Awani,

African Export-Import Bank will double its intra-African trade financing to $40 billion by 2026.

According to NAN, Mrs Kanayo Awani, Afreximbank’s Executive Vice President, disclosed this at the Intra-African Trade Fair 2023 Nigeria High-Level Business Roadshow on Monday in Lagos.She added that Afreximbank had invested over $36 billion in the Nigerian economy since its creation in 1993 through trade and project financing.

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