Tag Archives: China-Africa

Tayo Olanipekun The U.S. Overseas Private Investment Corporation (OPIC) has approved $200m in financing to help Union Bank of Nigeria expand its lending to Small and Medium Enterprises (SMEs) and to invest in upgrades of the bank’s digital banking projects. The funding is part of nearly $900m the U.S Government’s development finance institution, on Thursday, approved during its final board …

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Trade import and export volumes between China and countries from Africa reached 116 billion dollars in the first seven months of 2018 – up 18.7 per cent year-on-year. China’s exports to Africa were worth 59.36 billion dollars – an increase of 8.8 percent compared to last year – while its import volume rose 31.3 per cent to stand at 56.81billion …

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