Ecobank Group, Afreximbank to increase access to trade finance

Ecobank Group, Afreximbank to increase access to trade finance BY NDUMBE BELL GASTON IN DOUALA Joint corporate objectives by financing of private sector projects and trade Finance transactions in Afreximbank members states where Ecobank is operational, is now overly possible as product or result of a memorandum of understanding (MoU) signed by Ecobank Transnational Incorporated (parent company of the Ecobank Group) and the African Export-Import Bank also known as Afreximbank. The ties between them will support efforts at promoting intra-African trade, facilitate industrial development, export development and strengthen African trade finance leadership, with the ultimate goal of transforming the continent.…