In order to facilitate online procurement of COVID'19 Afreximbank provides $100 million overdraft facility for African States

In order to facilitate online procurement of COVID’19 Afreximbank provides $100 million overdraft facility for African States

The Pan-African multilateral EXIM bank, African Export-Import Bank (Afreximbank), in order to help it member states to procure COVID’19 related medical through the Africa Medical Supplies Platform (AMSP) announces $100 million financial support in the form of pre-approved overdraft limits for each African government, the funding is available to African Governments to acquire the medical…

$200m was disbursed to Zenith Bank by Afreximbank to ease the impact of the COVID'19 pandemic.

$200m was disbursed to Zenith Bank by Afreximbank to ease the impact of the COVID’19 pandemic.

$200m has been given to Zenith Bank to assist them to maintain the foreign currency trade flows impacted by the coronavirus pandemic.The eligible sub-borrower involved in the manufacture and supply of medical resources required to fight the COVID”19 global pandemic, they also allow Zenith bank to on-lend to them. Mr. Ebenezer Onyeagwu, the Group Managing…