AfDB approves US$50m for its RPA with Standard Chartered Bank

AFRICA – The African Development Bank (AfDB), has approved a US$50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank. The agreement is expected to boost intra-Africa trade, promote regional integration, and contribute to the reduction of the trade finance gap in Africa, in line with implementation aspirations of the African…

Read More