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China Bank, Afreximbank sign $500m pact on trade infrastructure

Ihesiulo Grace 8 September 2018 0

China Development Bank (CDB) has signed an agreement to provide a $500-million facility to the African Export-Import Bank (Afreximbank) to enable the African trade finance bank support trade enabling infrastructure projects across the continent. The facility will also be used to support

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China Development Bank, UBA Sign $100 million Loan Deal to Support SMEs in Africa

Ihesiulo Grace 1 March 2018 0

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance […]

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