The African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a facility agreement for a US$10-million Afreximbank line of credit to support BRD’s efforts to finance trade diversification and promote value-added exports in Rwanda’s productive sectors.
BRD president, Dr Benedict Oramah, said that the new facility was in addition to an existing US$15-million facility and brought Afreximbank’s support to BRD to US$25 million of aggregated financing.
