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AfDB and UBA Sign Landmark USD 150 million Loan to Facilitate African Trade Finance

16/12/2009 - On behalf of their respective institutions, Aloysius Uche Ordu, Vice President, Regional and Country Programs and Policy from the African Development Bank (AfDB) and Faith Tuedor-Matthews, Deputy Managing Director, from the United Bank for Africa Plc (UBA) signed today, 16 December 2009 two loan agreements for a total of USD 150 million.

Categories: Trade Finance Initiative, Emergency Liquidity Facility (ELF)

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