The African Export Import Bank – Afreximbank signed a deal with the Development Bank of Southern Africa (DBSA) at the Mining Indaba on Wednesday .
The agreement is a Master Risk Participation Agreement to scale trade finance across Africa.
Speaking at the signing ceremony, Boitumelo Mosako, CEO of DBSA, said “this partnership with Afreximbank is a decisive step in unlocking Africa’s trade and industrial potential. By expanding access to affordable, reliable trade finance we are de‑risking cross‑border transactions, strengthening regional value chains, and enabling African businesses to move from raw extraction to beneficiation. Today’s agreement is about scale, speed and impact; delivering the finance that will turn resources into sustainable jobs, factories and trade across the continent.”
She also said the partnership aims to de-risk cross-border trade, accelerate critical minerals beneficiation and power AfCFTA-driven industrial growth.
This will be done through sharing risk and mobilising capital faster.
Picture: Supplied