Afreximbank gets shareholders’ nod to boost concessional lending with $5bn

By Chinwendu Obienyi Shareholders of the African Export-Import Bank (Afreximbank) have approved a major expansion of the Bank’s Concessional Finance Window, increasing its capital allocation fivefold from $1 billion to $5 billion, with direct shareholder contributions rising from $200 million to $700 million. The move is set to significantly enhance the Bank’s capacity to [...]The post Afreximbank gets shareholders’ nod to boost concessional lending with $5bn appeared first on The Sun Nigeria.

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