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The facility consists of a 3-year USD 150 million unfunded Risk Participation Agreement (guarantees) and a 4-year USD 300 million Trade Finance Line of Credit. This composite facility will help to expand Afreximbank’s risk bearing capacity for the confirmation of letters of credit and to support more trade through the provision of increased liquidity to local financial institutions and corporates in Africa.
Status
Approved
Start Date
2017
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
2
Amount in USD (in million)
0.11