An investment of USD500 million has been committed to support Ethiopian commercial banks. The African Export-Import Bank (Afreximbank) has provided the financing via its Afreximbank Trade Facilitation (AfTRAF) Programme.

The AfTRAF programme comprises various products for the purpose of increasing intra-extra African trade volumes, as well as for increasing the confidence of trade partners in the resolution of global trade transactions for critical African imports.

For more information, please see https://iclg.com/alb/17225-ethiopian-banks-get-boost-from-afreximbank