Monday
April 3
2023

Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank

Parallex Bank has secured the sum of $10million trade finance facility from the Africa Export Import Bank (Afreximbank).

This is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in the region.

Photo courtesy of Brian Wolfe.

Source: Zawya (link opens in a new window)

Categories
Finance, Technology
Tags
development finance, international trade, MSMEs, technical assistance