in Short

Intra-African Trade : $150 million from AfDB to TDB

The AfDB Board of Directors has approved a $150 million risk participation agreement with the Eastern and Southern African Trade and Development Bank (TDB). This agreement aims to support intra-African trade and address the trade finance gap in Africa. AfDB will provide a 50 to 75% guarantee coverage for transactions, facilitating estimated trade exchanges of $1.8 billion over three years.

Articles similaires

Laisser un commentaire

Bouton retour en haut de la page