AfDB – On behalf of their respective institutions, Aloysius Uche Ordu, Vice President, Regional and Country Programs and Policy from the African Development Bank (AfDB) and Faith Tuedor-Matthews, Deputy Managing Director, from the United Bank for Africa Plc (UBA) signed today, 16 December 2009 two loan agreements for a total of USD 150 million.
The loan agreements were signed under the AfDB Emergency Liquidity Facility (ELF), and Trade Finance Initiative (TFI) designed for the rapid injection of liquidity into African markets via strong private sector partner institutions.
