03
Oct
Staff Writer African Export-Import Bank (Afreximbank) has signed a facility agreement with NBS Bank Plc Malawi to provide a US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) line of credit. The facility will support NBS Bank’s growing trade finance portfolio and enable it to continue meeting the needs of its trade clients. The agreement was signed on the sidelines of the Intra-African Trade Fair 2025 by Haytham El Maayergi, Afreximbank executive vice president, Global Trade Bank, and Temwani Simwaka, chief executive officer of NBS Bank. The facility is designed to increase NBS Bank’s trade volumes and support imports of essential commodities…
