Africa (Sub-Saharan Region)

Afreximbank Gets $30m From EDC To Boost Africa-Canada Trade

(Ventures Africa, Cape Town, 15 November 2012) In a move to improve trade ties between the continent and Canada, the African Export-Import Bank (Afreximbank) has been awarded a $30 million (4.8 billion naira) five-year line of credit by Canada’s export credit agency, Export Development Canada. The agreement to the credit line, which would provide finance for African companies procuring Canadian goods and services.
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