Afreximbank Signs MoU To Unlock $200m Debt Financing For Projects In Anambra

The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MOU) with Anambra State Government to collaborate on state development efforts through the provision of project preparation and advisory services, including a potential debt financing programme of up to $200m.

Under the terms of the MOU signed by Mrs. Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade Bank, and Prof. Charles Soludo, Governor of Anambra State, during the Anambra Investment Summit, Afreximbank and the state government will jointly prioritize strategic projects for preparation and funding, collaboratively evaluating each project to formulate a time-bound work programme for effective execution.