NIB and Afreximbank sign EUR100 million loan facility

  • NIB and Afreximbank sign EUR100 million loan facility

    NIB and Afreximbank sign EUR100 million loan facility

    The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of EUR 100 million to finance various infrastructure projects in African countries. The EUR 100 million made available to Afreximbank under the joint facility will be used for financing eligible investments, which mainly include projects within infrastructure, such as energy,…