
Afreximbank signs $1bn SATIPP with South Africa to promote African trade
The African Export-Import Bank (Afreximbank) signed on Tuesday an agreement with South Africa, the South Africa-Africa Trade and Investment Promotion Programme (SATIPP), with funds of $1bn. Benedict Oramah, president and chairman of Afreximbank’s board of directors, signed the agreement with Kutoane Kutoane, CEO of Export Credit Insurance Corporation of South Africa (ECIC). The SATIPP is …