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Commercial and economic cooperation: Afreximbank and CEXIM sign a 600 million dollar loan

23/10/2023
Categories: Companies

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Un accord de prêt de 600 millions de dollars a été signé le 17 octobre 2023 au si è ”, serif">age of CEXIM, à Beijing é between Afreximbank and the China Export-Import Bank (CEXIM). The aim of this agreement is to facilitate and finance commercial and economic cooperation between Afreximbank member states and the People's Republic of China (

PRC).

The agreement between Afreximbank and CEXIM was signed by Dr. George Elombi, Executive Vice President of Afreximbank and Wencai Zhang, Vice President of the China Export-Import Bank (CEXIM) at the bank's headquarters. Through this loan, the two partners plan to facilitate and finance commercial and economic cooperation between Afreximbank member states and the People's Republic of China (PRC). This financing will also contribute to the promotion of financial cooperation between Africa and the PRC

.

According to Professor Benedict Oramah, President of Afreximbank and Chairman of the Board of Directors, this is strong evidence of the rapid growth of cooperation between China and Africa.

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