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Afreximbank, NEXIM sign $50m deal to boost Nigeria’s trade sector

African Export-Import Bank (Afreximbank) and the Nigeria Export-Import Bank (NEXIM) have signed a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund. This will provide early project preparation financing and technical support services to public and private sector organisations operating in Nigeria’s trade sector. Signed on 20 February 2021, the MoU provides that…

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