{"id":5349,"date":"2021-08-19T12:14:02","date_gmt":"2021-08-19T12:14:02","guid":{"rendered":"https:\/\/carlcon.com\/?p=5349"},"modified":"2021-08-19T12:14:04","modified_gmt":"2021-08-19T12:14:04","slug":"afreximbank-commits-1bn-to-support-afcfta","status":"publish","type":"post","link":"https:\/\/carlcon.com\/old\/2021\/08\/19\/afreximbank-commits-1bn-to-support-afcfta\/","title":{"rendered":"Afreximbank commits $1bn to support AfCFTA"},"content":{"rendered":"\n<p>The African Export-Import Bank (Afreximbank) has expressed commitment to the full implementation of the African Continental Free Trade Area (AfCFTA), a vehicle to propel economic recovery of Africa.<br>The Regional Chief Operating Officer of Afreximbank, Mr Eric Monchu Intong, said the bank recently launched a $1 billion adjustment facility as mandated by the African Union to enable states and the private sector to adapt to new trading environment under the AfCFTA.<br>At the five-day \u2008ITC\/Afreximbank\/NEPC project b972 National Workshop in Abuja, he said \u201cwe expect the development of regional value chains and local manufacturing capacities in pharmaceuticals and medical equipment, automotive sector, among others\u2019\u2019.<br>He stressed that the AfCFTA is projected to usher in a new era with the potential to catalyse intra-African trade that will witness the greater exchange of value-added products which would significantly contribute to accelerating Africa\u2019s development and structural transformation.<\/p>\n\n\n\n<p><a href=\"https:\/\/thefreezonechannel.com\/afreximbank-commits-1bn-to-support-afcfta\/\">TO CONTINUE READING CLICK HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The African Export-Import Bank (Afreximbank) has expressed commitment to the full implementation of the African Continental Free Trade Area (AfCFTA), a vehicle to propel economic recovery of Africa.The Regional Chief Operating Officer of Afreximbank, Mr Eric Monchu Intong, said the bank recently launched a $1 billion adjustment facility as mandated by the African Union to<\/p>\n","protected":false},"author":1,"featured_media":5335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[113,29],"tags":[],"_links":{"self":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5349"}],"collection":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/comments?post=5349"}],"version-history":[{"count":1,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5349\/revisions"}],"predecessor-version":[{"id":5350,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/posts\/5349\/revisions\/5350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/media\/5335"}],"wp:attachment":[{"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/media?parent=5349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/categories?post=5349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carlcon.com\/old\/wp-json\/wp\/v2\/tags?post=5349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}