Ethiopia: Zemen Bank ready to invest in multilateral trade finance programme
The Addis Ababa-based bank is negotiating with the International Finance Corporation (IFC) for financing of up to $30 million. This commercially oriented facility is part of IFC’s Global Trade Finance Facility (GTFP), one component of which focuses on Africa (African Trade and Supply Chain Finance Program, ATRI).
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▪ Ethiopia: Zemen Bank ready to invest in multilateral trade finance programme
▪ The Addis Ababa-based bank is negotiating with the International Finance Corporation (IFC) for financing of up to $30 million. This commercially oriented facility is part of IFC’s Global Trade Finance Facility (GTFP), one component of which focuses on Africa (African Trade and Supply Chain Finance Program, ATRI).
▪ https://www.africabusinessplus.com/en/817795/ethiopia-zemen-bank-ready-to-invest-in-multilateral-trade-finance-programme/
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