Home Business NEXIM agrees to $1bn trade facilitation deal with AFREXIM
NEXIM agrees to $1bn trade facilitation deal with AFREXIM
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NEXIM agrees to $1bn trade facilitation deal with AFREXIM

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The Nigerian Export-Import Bank has agreed to a $1billion trade facilitation deal with the African Export-Import Bank for Nigeria and other West African countries.

The memorandum of understanding was signed at the Intra-African Trade Fair in Cairo, Egypt.

NEXIM Bank said the MoU would be implemented under the Nigeria-Africa Trade and Investment Promotion Programme to aid trade and investment flows between Nigeria and other African countries.

The agreement states AFREXIM will provide $1billion Line of Credit, to be given by NEXIM bank to worthy projects and transactions in support of intra-African trade and investments.




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