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Source: Afreximbank |

Afreximbank leads US$155 million strategic facility to Djibouti Ports and Free Zone Authority

The deal is targeted at supporting the development of a trade-enabling infrastructure to assist Djibouti in achieving its plan to become a regional trans-shipment and logistics hub

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Nairobi announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series of development projects in the country’s Damerjog Industrial Development Free Trade Zone. The deal, announced after a meeting between Afreximbank President Prof.…