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Linda Larbie's Blog – May 2011 Archive (1)

AfDB approves a financial package of USD 200 million for the Nigerian Export-Import Bank

On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of USD 200 million, to the Nigerian Export-Import Bank (NEXIM) for financing export-oriented Small and Medium-sized Enterprises (SMEs) in Nigeria. The funds for the Program will be channeled through NEXIM by way of a multi-tranche Line of Credit. A portion of the proceeds of the Program will be used to pay for Technical Assistance for…


Added by Linda Larbie on May 31, 2011 at 3:05pm — No Comments

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