African Export-Import Bank
The president of the African Bank for Export and Import (Afreximbank), Benedict Orama, said Sunday he considers the Continental Free Trade Area (CFTA) as the starting point and gateway for Africa's development.
Cairo-based Afreximbank obtained a $100 million financing from the Islamic Corp for the Development of the Private Sector.
The CBE disbursed $2 billion to the African bank earlier this week.
Egypt’s central bank paid back $2 billion to the African Export-Import Bank (Afreximbank) on Monday.
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