Afreximbank has provided Nigeria’s Parallex Bank Limited a trade finance facility worth $10m, in line with its strategy to assist African banks to enhance and complement existing trade finance lines.
The financing was deployed under the umbrella of Afreximbank’s Trade Facilitation programme.
Speaking on the trade facility, the President and Chairman of the Board of Directors of Afreximbank, Benedict Oramah, said this move was geared towards bridging the financing…
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