African Development Bank extends an $8 million guarantee to Exim Bank Djibouti to support businesses
Cote Dlvoire, Oct. 15 -- On 07 October 2026 in Abidjan, the Board of Directors of the African Development Bank Group approved a guarantee facility of US$8 million for Exim Bank Djibouti to finance trade for large enterprises and local SMEs.The transaction guarantee will help accelerate the industrialisation process in the Republic of Djibouti, notably by supporting the import of inputs, production machinery and telecommunications equipment necessary for the development of the country's industrial sector. The operation targets the green energy and manufacturing sectors and will have a direct impact on food and nutritional security by facilitating imports of essential goods for the benefit of the population. This trade support initiative will...
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