Has the association between SBM Group and Afrex- imbank
met all expectations?
The ICD recently extended two lines of financing each worth $50m to the West African Development Bank and another $100m line of financing to Afrex- imbank
to support financing private sector projects and SMEs.
11, 2011 (TAP) - Refitting works of Promochimica-Tunisia, a production unit of main components for medicine, are to start, on Monday February, 14, 2011, in Beja, northwestern Tunisia, the company's Italian and Tunisian officials announced, during a news conference held, on Friday in Tunis, by International Maghreb Merchant Bank (IMBank
The Nordic Investment Bank (NIB) has signed a 10-year loan pro- gramme of $100m with the African Export-Import Bank (Afrex- imbank
) to finance infrastructure projects across Africa.
Douglas Muranda, head of oversight and risk manage- ment at the RBZ, confirmed to African Business that the pro- gramme is backed by Afrex- imbank
. Meanwhile, Manhi- manzi would only confirm that the bond notes are, and have been, backed by a $200m off- shore facility since their incep- tion in May 2016.
International Maghreb Merchant Bank (IMBank
) and Bank of the Promoters' Council announced in a communique, a copy of which was sent to Tunis Afrique Presse (TAP) news agency, that it will organise on Friday, in Tunis, a press conference on the meeting of the PROMOCHIMICA Tunisia company's occasion of board of directors.