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China Devt Bank, Afreximbank in $500m Agreement to Support Africa’s Trade Infrastructure - THISDAYLIVE
The China Development Bank (CDB) has signed an agreement with the African Export-Import Bank (Afreximbank) to provide a $500 million facility to the latter. The facility is expected to enable the African trade finance bank support trade enabling infrastructure projects across the continent. The facility will also be used to support Afreximbank’s trade finance intermediaries …