L At the third Intra-African Trade Fair (IATF2023) organized by Afreximbank from November 9 to 15 Last in Egypt, the Nigerian bank United Bank for Africa (UBA) has concluded a trade finance facility agreement worth $150 million with the African Export-Import Bank (Afreximbank

Les deux institutions financières partenaires, à savoir UBA et Afreximbank Think strengthen trade finance operations in Nigeria. The funding provided by the two banks should allow UBA to strengthen its international business transactions, especially for strategic imports. UBA plans to finance the commercial activities and trade-related transactions of these corporate clients operating in various sectors of the Nigerian economy. Also, several African financial institutions have concluded financing agreements worth a total of $1 billion (including UBA) with Afreximbank