Afreximbank launches $100m centre to boost Nigerian exports

The News Agency of Nigeria (NAN) reports that the bank inaugurated the AQAC, the first in its series in Nigeria, to ensure the production and export of quality agro-produce from the country.

The AQAC laboratory is an initiative of Afreximbank to ensure that “made in Africa” products meet the required health and safety standards.

Oramah said that the country had suffered a loss estimated at $700 million over rejected agro-produce, a situation, the AQUA is set up to address.