Afreximbank, Islamic Corporation sign $100m loan deal for SMEs

by | December 24, 2017 6:27 pm

The Islamic Corporation for the Development of the Private sector (ICD) and the African Export-Import Bank (Afreximbank) have signed a line of financing agreement for a USD 100-million facility.   The facility will be utilised by Afreximbank to provide Shariah-compliant financing to small and medium-sized enterprises (SMEs) in its member countries in Africa.   Afreximbank…

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