Afreximbank to Provide $75 Million Cross-Currency Swap to Central Bank of The Gambia
In a significant financial maneuver aimed at bolstering economic stability, the African Export-Import Bank (Afreximbank) has announced the approval of a $75 million cross-currency swap facility to the Central Bank of The Gambia. This strategic partnership is poised to enhance the nation’s foreign exchange liquidity and support local financial markets in the face of ongoing economic challenges. As countries across Africa strive to navigate the complexities of the global economy, this collaboration underscores Afreximbank’s commitment to fostering intra-African trade and investment, providing much-needed resources to promote sustainable growth on the continent. The initiative not only aims to strengthen The Gambia’s financial resilience but also exemplifies the increasing role of pan-African institutions in addressing the fiscal needs of member states.
Afreximbank Launches $75 Million Cross-Currency…
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Author : Mia Garcia
Publish date : 2025-12-23 04:23:00
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