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Afreximbank signs $500 million financing deal with ATDC

African Export-Import Bank (Afreximbank) signed a $500 million financing deal with Africa Trading and Distribution Company (ATDC) for working capital to source and purchase African products.

African Export-Import Bank (Afreximbank) has signed a $500 million financing deal with Africa Trading and Distribution Company (ATDC) to support trade across Africa and in global markets. The new funds will be used as working capital to finance the sourcing and purchase of African products and raw materials.