Transaction volume for Direct debits jumps by 54% as more Nigerians adopt usage
MUFG and African Export-Import Bank (Afreximbank) have signed a $520 million facility, following Nippon Export and Investment Insurance (NEXI) agreement to support and cover the arrangement. Afreximbank will use the $500 million proceeds from the signed agreement with MUFG Bank for its Pandemic Trade Impact Mitigation Facility (PATIMFA). READ: Africa’s…
bubmagDecember 13, 2020