Africa Finance Corporation acquires $300million from China’s EXIM Bank

Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has announced its successful acquisition of a $200million 5-year loan and $100million 5-year stand-by loan facility from the Export-Import Bank of China (CEXIM) for general corporate purpose. The facility from CEXIM marks AFC’s inaugural financing facility from the People’s Republic of China (PRC). This…

The post Africa Finance Corporation acquires $300million from China’s EXIM Bank appeared first on naija-news.com.



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