Afreximbank agrees to a US$207 facility with NEXI

The African Export-Import Bank (Afreximbank) yesterday in Cairo announced the finalization of a US$207 million facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned Japanese organization focused on trade and investment. The facility will support the Bank’s broader response measures to the Covid-19 pandemic, especially its financing efforts for the acquisition of COVID-19…