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Afreximbank mobilises $500 million for intra-African trade

Afreximbank and the Africa Trading and Distribution Company (ATDC) have agreed a $500 million financing facility to support the purchase, transport, storage and distribution of African goods. The facility is designed to strengthen regional trade corridors and address persistent financing constraints affecting intra-African commerce. It provides another financial instrument supporting the implementation of the AfCFTA and the development of regional value chains.

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