New Delhi, May 20 -- Export-Import Bank of India (India Exim Bank) has extended a USD 100 million credit facility to Africa Finance Corporation (AFC) to support India's project exports across Africa under the Government of India's 'Focus Africa' initiative.

The announcement comes as India continues to strengthen its economic and trade engagement with African nations through infrastructure development, technology partnerships, investments, and capacity-building initiatives.

India's total trade with Africa stood at USD 81.90 billion in FY 2024-25, with Indian exports accounting for USD 42.70 billion, reflecting Africa's growing importance as a strategic trade partner for India.

Credit Facility Aimed At Boosting India's Project Exports

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