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Speaking after the signing, Prof. Oramah pointed out that African SMEs continue to struggle to access adequate and affordable financing for growing their businesses
The China Development Bank (CDB) signed in Cairo a development-focused agreement to provide the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) with a US$ 400-million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa. The agreement, signed by Mr. Tan Jiong, President of CDB, and Prof. Benedict Oramah, President and Chairman