Afreximbank Earmarks $41bn To Finance Local Vehicle Manufacturers, Support Intra-African Trade

The African Export-Import Bank (Afreximbank) has earmarked $1bn to fund local vehicle manufacturers in the continent.

The bank has also doubled its financing for intra-African trade from $20bn to $40bn, the Executive Vice President of intra-African Trade, Afreximbank, Kanayo Awani said.

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