Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed in on July 22, 2024, Afreximbank will provide…