The Board of Directors of the African Development Bank Group (AfDB) partners with Societe Generale to reduce the trade finance gap across Africa. This €50 million worth of risk-sharing facility is expected to support local and small businesses meet international trade commitments.
Read the original article here: https://afdb.africa-newsroom.com/press/african-development-bank-group-approves-euro-50-million-trade-finance-risk-participation-partnership-with-societe-generale-to-support-local-banks-and-smes-in-africa?lang=en