African development bank backs Bahamas roads with US$100-million facility

African Export-Import Bank (Afreximbank) has extended a US$100-million receivables discounting facility to Bahamas Striping Group of Companies (BSGC), marking the Pan-African lender’s deepening engagement in Caribbean infrastructure finance. “This facility represents an innovative approach to structured finance in cross-regional partnerships,” said Okechukwu Ihejirika, acting chief operating officer for Caribbean operations at Afreximbank.



Source link