Connect with us

Business

Afreximbank Signs $190m Deal With Made in Africa

Published

on

Afreximbank - Investors King
  • Afreximbank Signs $190m Deal With Made in Africa

In a bid to support African businesses and enhance productivity on the continent, the African Export-Import Bank (Afreximbank) has signed a new deal with the Made in Africa Inc. (MIA) company.

According to the details of the deal, Afreximbank will provide credit facility of $190 million to MIA in two tranches to support it plans to acquire African Fabric Holdings BV, Netherlands, also known as Vlisco Group.

The deal was signed in Kigali, during the Creative AFrica Exchange Weekend, by Kanayo Awani, the managing director of Afreximbank’s Intra-African Trade Initiative, and Kojo Annan, the Chairman and Founder of Mia.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Advertisement
Advertisement
Advertisement