Afreximbank to Avail U.S.$10 Billion Beneath Its Gulf Disaster Response Programme (Gcrp) to Defend African and Caricom Economies From the Ongoing Battle

East African

Afreximbank to Avail U.S.$10 Billion Beneath Its Gulf Disaster Response Programme (Gcrp) to Defend African and Caricom Economies From the Ongoing Battle

To counter the extreme financial shocks triggered by the escalating battle within the Center East, the Board of Administrators of African Export-Import Financial institution (Afreximbank) has accepted a US$10 billion Gulf Disaster Response Programme (GCRP) to insulate African and Caribbean economies, monetary establishments and corporates from the impacts of the continued Gulf disaster. The battle,…

East African

Afreximbank Raises Caricom Financing Cap to $5 Billion to Speed up Regional Transformation

afrovibetv.com3 months ago08 mins

Afreximbank President, Dr George Elombi addresses the fiftieth Common Assembly of the Convention of Heads of Authorities of the CARICOM in Basseterre, St. Kitts and Nevis Pan African Multilateral Financial institution, African Export-Import Financial institution (Afreximbank), has introduced a serious enlargement of its engagement with the Caribbean Group (CARICOM), growing its regional financing restrict from…