Proparco Signs Its First Trade Finance Loan With Ecobank

Proparco and the pan-African banking group Ecobank have signed a USD $50 million trade finance guarantee package in Abidjan (Côte d’Ivoire). By guaranteeing documentary credits issued by four Ecobank subsidiaries in West Africa, Proparco is supporting international trade operations financed by the group and expanding its own range of financial instruments.  This guarantee will help to boost trade between African and European countries by enhancing the capacity of four of Ecobank’s Afr

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