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Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Afreximbank offers a portfolio of solutions to support investments in agriculture, industrial parks and critical infrastructure, in partnership with the Russian Export Centre, and supports African investors seeking to explore opportunities in Russia.
Also known as PAPSS, this is a platform that facilitates instant cross-border payments in local currencies between countries, and could save Africans $5 billion annually, according to the Afreximbank.
Besides India, Malawi owes Afreximbank about $757 million (about K828.9 billion) in foreign debt and about $145 million (about K158.77 billion) is owed to Trade and Development Bank, along with millions of arrears.
Source: https://mwnation.com/chakwera-takes-debt-restructuring-to-brics/
Few knew that the Afreximbank had been formed since 1993 – just a decade after India’s – and has been operating successfully to fulfil its mission of facilitating intra and external trade with Africa.
He said the Afreximbank had been a worthy partner supporting many development projects in the country, saying the bank provided $750 million to support Ghana when the COVID-19 pandemic hit the country.
He sold a five per cent equity stake to Fund for Export Development in Africa (FEDA), the impact development arm of the Africa Export and Import Bank (Afreximbank).
Mr George Owodo, Chief Finance Officer signed for Springfield whilst Ms Oluranti Doherty, Director, Export Development of Afreximbank signed on behalf of the Bank.
Others include Dr. Chinyere Almona, Director General, LCCI; Dr. Busolaa Tejumola, Executive Head, Content and West Africa Channels, Multichoice Nigeria and representative of Afreximbank.
The agreement which was was jointly signed by the Nigerian government and the Afreximbank group at the bank’s headquarters in Cairo, Egypt will see Afreximbank sourcing for oil traders’ interest in funding the oil-backed loan to the NNPC Limited.
The agreement which was was jointly signed by the Nigerian government and the Afreximbank group at the bank’s headquarters in Cairo, Egypt will see Afreximbank sourcing for oil traders’ interest in funding the oil-backed loan to the NNPC Limited.
“The Chamber is so proud to have partnered with both Rystad Energy and Afreximbank for the Invest in African Energy event in London where more deals are expected to be signed that will drive African oil, gas and energy developments.
The Inter African Trade Fair which ended yesterday in Cairo Egypt was facilitated by Afreximbank.
The zone is being supported by Afreximbank and being operated and constructed by a private sector player called Arise LLP.
Source: https://pmnewsnigeria.com/2023/11/19/ogun-is-investment-friendly-abiodun-woos-foreign-investors/