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African trade: Afreximbank opens $800m credit lines in 55 banks to facilitate letters of credit — NEWSVERGE
The African Export-Import Bank (Afreximbank) says it has opened credit lines amounting to $800 million in 55 banks across Africa to facilitate the confirmation of letters of credit to support intra-African trade. This is contained in a statement on Friday by Mr Obi Emekekwue, the bank’s Director and Global Head, Communications and Events Management Department. […]
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