Afreximbank and ITFC sanctioned a US$250 million finance facility to Aid Africa

The recent news says, African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC) together endorsed a US$250 million facility with an agenda to facilitate funding for the bank to propel an advanced acquisition of Covid-19 vaccines and lead a trade-led economy.

Read more: https://www.pressroom.biz/@ngulminthang/afreximbank-and-itfc-sanctioned-a-us-250-million-finance-facility-to-aid-africa-w3d7pnnpp7k5

#Afreximbank #ITFCsanctioned #AidAfrica #TradeFinance #economicrecovery

According to the recent forecast report made by the Coalition, the trade finance industry is expected to regain its stability in 2021 after experiencing almost a decade of diminished or constant revenues.

Read more: https://www.emeriobanque.com/news/banks-expect-trade-finance-revenue-growth-in-2021

#TradeFinance #RevenueGrowth2021 #emerionews #tradefinanceindustry #financialupdates #bankingandfinance #economicrecovery