Tuesday
October 1
2024

National Bank of Malawi Plc Secures Landmark US$100 Million Financing Facility From Afreximbank to Support Trade Finance

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets.

Photo courtesy of Cytonn Photography.

Source: Afreximbank (link opens in a new window)

Categories
Agriculture, Energy
Tags
international trade, manufacturing, partnerships, supply chains