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AFDB and EXIM Bank form a partnership to enhance support for businesses in cross-border trade with a $10 million Trade Finance Transaction Guarantee Facility.
Contract Type
partnership
Description
The African Development Bank and Exim Bank have established a $10 million partnership to bolster trade finance for Tanzanian businesses. This initiative provides guarantees against non-payment risks, supporting local entities engaged in cross-border trade and promoting intra-African trade.
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Agreement Insights
What this usually meansAfrican Development Bank signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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