Afreximbank disburses $8bn for single market

TRADERS at Kasumbalesa border.

KALONDE NYATI, Moscow, Russia
OUT of the pledged finance of US$25billion finance support to intra-African trade, African Export and Import Bank (Afreximbank) has disbursed about US$8 billion for smooth implementation of a single market.
The funding for the period 2017-21 is aimed at financing projects that will facilitate regional trade under the African Continental Free Trade Area (AfCFTA).

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