According to both institutions, the program is expected to increase the availability of financial resources and generate additional trade volume of more than USD 350 million over the next three years in Africa. "As a result of the global fi…
According to both institutions, the program is expected to increase the availability of financial resources and generate additional trade volume of more than USD 350 million over the next three years in Africa.
"As a result of the global financial crisis, the volume of trade finance in emerging markets, particularly in Africa, has been reduced. Standard Chartered Bank has a strong presence on the continent and we intend to work with this bank to support commercial activities in Africa", AFC General Manager Andrew Alli said.