Afreximbank Joins Forces With Sterling Bank to Launch Supply Chain Finance Product in Nigeria
The Fintech Times
APRIL 6, 2024
African Export-Import Bank (Afreximbank) has partnered with Nigeria-based financial institution Sterling Bank to launch its supply chain finance product ‘Payables Finance’ across Nigeria. Under this arrangement, Afreximbank will provide financing to corporates and banks in US Dollars and Euros, while Sterling Bank will manage financing in Nigeria.
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