AFRIEXIM ADJUSTMENT FACILITY

Dear Members,

You may recall that the President of Afreximbank, Prof. Benedict Oramah at the 47th Annual General Meeting of MAN announced a $500 million Adjustment Facility to aid manufacturers overcome any adverse effect that may pose a challenge to their businesses in the course of the implementation of the AfCFTA agreement starting in January 2021. MAN has extensively engaged the Bank which snowballed into the recent workshop co-organized by Afreximbank and MAN to sensitize members on how to take advantage of the offer. 

As a follow-up to the sensitization workshop, the Secretariat prepared a Frequently Asked Question (FAQ) document circulated through the Branch and Sectoral Networks for your information. For clarity on some questions that may arise in accessing this laudable offer from Afreximbank, please contact any of the phone numbers on the flier.

 

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