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Afreximbank, CDC Group sign $100m Master Risk Participation pact

Afreximbank, CDC Group sign $100m Master Risk Participation pact

The African Export-Import Bank (Afreximbank) and CDC Group Plc have signed a $100-million master risk participation agreement to support Afreximbank’s Trade Facilitation Programme. Under the terms signed in Casablanca, Morocco, CDC will provide unfunded risk participation to Afreximbank as the Bank provides trade finance products that include trade confirmation services; trade confirmation guarantee; and irrevocableRead More …

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