POSB, Afreximbank tie-up credit line for exporters

13

POSB says it is working on a line of credit for exporters with the African Export–Import Bank (Afreximbank) that could be worth up to US$15 million. The bank’s divisional director for corporate and investment banking, Farai Chirikure, said POSB was already working with potential beneficiaries of the facility. “We are working with Afreximbank. They have…