
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.
A joint statement issued by both organisations on Thursday in Cairo, Egypt, said Prof. Benedict Oramah, President of Afreximbank and Mike Whitfield, President, AAAM and Managing Director, Nissan Africa, signed the MoU in early February. Read More.
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