The African Development Bank (AfDB) has approved a $150 million line of credit for
Afreximbank, the Tunis-based AfDB said in a statement.

'This line of credit will be used to finance trade and trade-related projects across the participating states of Afreximbank in Africa,' the statement said.

Afreximbank is a trade finance bank headquartered in Cairo which was set up by African states and international organisations.-Reuters