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GPN - AFREXIMBANK - FAPA Grant to Support the Capacity Building of Emerging Factoring Firms in Africa


The African Export-Import Bank (AFREXIM) has received a USD500,000 grant from the African Development Bank Group’s Fund for African Private Sector Assistance (FAPA) to finance the capacity building of emerging factoring firms in Africa.

The principal objective of this project is to support capacity building (including back office) of emerging factoring firms, provide advisory services to enhance sustainability of established firms, and support the setting up of a sustainable knowledge and learning platform, which will continuously build and upgrade skills required in the factoring industry.


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