Africa: Afreximbank Launches U.S.$15 Million Preparation Facility for African Projects

15 November 2018

African Export-Import Bank (Afreximbank) has launched a $15 million project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa.

A statement released yesterday by the bank indicated that the Afreximbank Project Preparation Facility (APPF) set up with an initial seed capital investment of up to $15 million was aimed at making projects bankable and attractive to investors.

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