Afreximbank president Benedict Oramah said the membership would give South Sudan automatic access to finance facilities.
Afreximbank president Benedict Oramah said the membership would give South Sudan automatic access to finance facilities.
The African Export-Import Bank (Afreximbank) says South Sudan is set to become the newest member of the Cairo-based pan-African trade financier.
Afreximbank president Benedict Oramah said the membership would give South Sudan automatic access to finance facilities, project finance services, trade information and advisory services as well as support in the development of a local content policy.
Others are assistance in developing and implementation of industrial parks and special economic zones. Stephen Dhieu Dau, Minister for Finance and Planning in the war-torn country, formalised the country’s membership of the bank in Juba by signing the deal.
Current Afreximbank participating states include Burundi, Angola, Benin, Botswana, Burkina Faso, Cameroon, Cape Verde, Chad, Côte d’Ivoire, Democratic Republic of Congo, Djibouti, Egypt, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, and Lesotho.
Others are Liberia, Malawi, Mali, Mauritania, Mauritius, Morocco and Mozambique.
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