• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Foreign

Eswatini for $140m Afreximbank’s credit

The Matters Press by The Matters Press
June 6, 2019
Reading Time: 2 mins read
0
Eswatini for $140m Afreximbank’s credit

Afreximbank

Afreximbank

The African Export-Import Bank (Afreximbank) has said it would provide a credit facility valued at two billion Rands (about 140 million dollars) to the Kingdom of Eswatini for trade and economic goals.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Prof. Benedict Oramah, Afreximbank’s President, said on Wednesday that the facility would enable the Kingdom achieve required funding to meet trade and strategic economic goals.
In a statement in Abuja on Thursday, Oramah made the announcement when he led a delegation of the bank to visit King Mswati III of the Kingdom of Eswatini in Mbabane.

He said that the facility would also enable the Kingdom to leverage its future financial flows as a tool for economic development.

Oramah affirmed Afreximbank’s commitment to supporting the economic growth of Eswatini.

While recognising the large supply of timber in the country, he urged the government to develop a policy for its processing.

“We want to be relevant to this country. This visit will help us chart a more aggressive course to support the development of the country.

“There are many areas in which we can assist and we can provide support to your timber industry. “

The King of Eswatini commended Afreximbank for the assistance and services it was committing to the country.

He welcomed signing of the joint declaration between the country and Afreximbank, saying it was a key contribution toward the development of the Kingdom.

Earlier, Neal Rijkenberg, Eswatini’s Minister of Finance, who signed the Joint Declaration on behalf of the government, said the facility when effective would help address development opportunities in the kingdom.

Rijkenberg said that Eswatini could use Afreximbank’s assistance for advisory services in converting Eswatini’s agro-processing potential into a leading export driver.

He also invited the bank to explore opportunities in the tourism and manufacturing sectors.

Afreximbank’s delegation also met with Prime Minister Ambrose Dlamini who commended the Bank’s commitment and dedication to Eswatini since it became a member of the Bank.

Dlamini said that the Bank’s support was invaluable to the Kingdom’s economic growth and expansion.

Tags: Afreximbank
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Nigerian firms to handle $4b gas project

Nigeria eyes N1.03trn in oil assets

China’s trade surplus with U.S dips

Zambia not in hurry to join AfCFTA

Recommended Stories

SON sure to certify 75% products in Enugu, Ebonyi states by 2023

SON partners NFIU against fake products

February 2, 2022
How NNPC is solving lingering petrol scarcity

Marketers blame PPMC as transporters hike fares

July 8, 2022
Residents get training on on improved Mango planting

Residents get training on on improved Mango planting

January 10, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us