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DCW Updates

Afreximbank Reports 30% Increase in LCs in 2021

Year-end 2021 financial results released by African Export-Import Bank (Afreximbank)

Christopher Byrnes

Year-end 2021 financial results released by African Export-Import Bank (Afreximbank) revealed a sizable increase of nearly 30% in guarantee and LC support in Egypt from USD 2.35 billion in 2020 to USD 3.043b in 2021.

Published in: DCW Updates, Egypt, African Export-Import Bank (Afreximbank), LC Statistics
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Christopher Byrnes

Christopher Byrnes

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