AfDB approves US$8 million guarantee for Exim Bank Djibouti
The five-year facility will support trade finance for industry, green energy and local businesses.
Event / data period: 2026-10-07
Published: · Updated:
The AfDB board approved an US$8 million guarantee facility for Exim Bank Djibouti in Abidjan on 7 October. The 15 October release says it will finance trade for large enterprises and local small and medium-sized firms.
The guarantee is intended to support imports of production inputs, machinery and telecommunications equipment, particularly for manufacturing and green energy. The five-year facility can provide confirming banks with coverage of up to 100% for eligible letters of credit and similar instruments; the release does not report completed imports or payments.
Data
Guarantee and eligible trade instruments
Five-year trade transaction guarantee for Exim Bank Djibouti.
- · Occurred
AfDB board approved the guarantee
Amount is US$8 million; the facility was announced with a five-year term.
Methodology
Approval date, amount, intended sectors and term are transcribed from AfDB; approval does not mean utilization.
Updated:
Subjects and places
Subject proposals
- Energy and resourceSuggested
- Subject suggested from the title or summary: energywww.afdb.org ↗
Geographic references
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- Djibouti · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.afdb.org ↗