We use cookies to improve your experience. By your continued use of this site you accept such use.
Afreximbank
Source: Afreximbank |

Afreximbank signs landmark hydropower project in Democratic Republic of Congo (DRC)

Aligning with Afreximbank’s climate finance strategy, the project marks Afreximbank’s first private-sector renewable energy initiative in the DRC

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical…

Afreximbank

  • Multimedia content

  • Images (1)
    • L-R: Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank (second left) exchanges the deal documents with Didier Tilman, Vice-President Business Development, Rawbank (right). Looking on is Assane Djanikro, Manager Client Relations Central Africa, Afreximbank and Ibrahim Bagarama, Regional Chief Operating Officer Central Africa, Afreximbank (centre)
  • All (1)
Source: Afreximbank |

Afreximbank signs agreement for US$100-million trade finance facility to Democratic Republic of Congo’s Rawbank

The facility is also expected to help reduce pressure on the country’s balance of payments using the trade finance instrument offered by the Afreximbank Trade Finance Facility (AFTRAF) programme

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement for a US$100-million trade finance facility in favour of Rawbank to assist the Bank increase trade flows into and out of the Democratic Republic of Congo (DRC). The facility, the largest trade finance facility ever provided by Afreximbank to a commercial…