{"id":462220,"date":"2018-09-17T22:08:33","date_gmt":"2018-09-17T21:08:33","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=462220"},"modified":"2018-09-17T22:08:33","modified_gmt":"2018-09-17T21:08:33","slug":"chinese-development-bank-provides-afreximbank","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/09\/17\/chinese-development-bank-provides-afreximbank\/","title":{"rendered":"Chinese Development Bank Provides Afreximbank"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Afreximbank has just benefited from a $ 500 million credit facility from the China Development Bank (CBD).<br \/>\nThe agreement was initialed last week on the sidelines of the Sino-African Forum by Benedict Oramah, president of Afreximbank and Zheng Zhijie Liu, vice president and president in Changsha, capital of Hunan Province, China.<br \/>\nThis support will be used to help Afreximbank trade finance intermediaries provide medium and long-term financing for sub-projects in various sectors, including energy, telecommunications, transport and agriculture.<br \/>\nAccording to the president of Afreximbank, this collaboration strengthens the ability of the pan-African institution to fulfill its mandate and the two institutions to achieve significant development results in Africa.<br \/>\nThis facility will help promote South-South trade, particularly between China and Africa, while providing long-term financing that Afreximbank would transfer to its customers.<br \/>\nFor his part, Zheng Zhijie pointed out that as a development finance institution of the Chinese government, the CBD has always promoted China-Africa cooperation at the center of its international activities.<br \/>\nSince 2006, the bank has provided more than $ 50 billion for nearly 500 projects in 43 countries.<br \/>\nThese funds have been used to finance a large number of key projects in the areas of infrastructure, energy and minerals, telecommunications, agriculture, etc.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Afreximbank has just benefited from a $ 500 million credit facility from the China Development Bank (CBD). The agreement was initialed last week on the sidelines of the Sino-African Forum by Benedict Oramah, president of Afreximbank and Zheng Zhijie Liu, vice president and president in Changsha, capital of Hunan Province, China. This support will be<\/p>\n","protected":false},"author":533179,"featured_media":462223,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000],"tags":[2360,15382,435,15383],"class_list":{"0":"post-462220","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"tag-afreximbank","9":"tag-cbd","10":"tag-china","11":"tag-zheng-zhijie-liu","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chinese Development Bank Provides Afreximbank - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/09\/17\/chinese-development-bank-provides-afreximbank\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-17T21:08:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/09\/Siege-Afreximbank-592x296.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"592\" \/>\n\t<meta property=\"og:image:height\" content=\"296\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ndeye Magatte Kebe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ndeye Magatte Kebe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/\"},\"author\":{\"name\":\"Ndeye Magatte Kebe\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/55de6f6c153173c36b1543ff83ebe25e\"},\"headline\":\"Chinese Development Bank Provides Afreximbank\",\"datePublished\":\"2018-09-17T21:08:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/\"},\"wordCount\":202,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/Siege-Afreximbank-592x296.jpg\",\"keywords\":[\"Afreximbank\",\"CBD\",\"China\",\"Zheng Zhijie Liu\"],\"articleSection\":[\"Banks &amp; Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/\",\"name\":\"Chinese Development Bank Provides Afreximbank - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/09\\\/17\\\/chinese-development-bank-provides-afreximbank\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/Siege-Afreximbank-592x296.jpg\",\"datePublished\":\"2018-09-17T21:08:33+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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