Afreximbank, DBN launch $75M facility for African SMEs, creative sector

Afreximbank and Nigeria's Development Bank of Nigeria (DBN) announced a $75 million finance facility targeting SMEs and the creative sector, combining capital with export-readiness support. The initiative aims to prepare businesses for cross-border trade, though details on disbursement and impact remain unclear. This signals continued development-finance focus on non-oil sectors in Africa.

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