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Jul 30, 2010

  1. To extend direct credit to eligible African exporters by providing pre- and post-shipment finance;
  2. To extend indirect short-term credit and medium-term loans to African exporters and importers;
  3. To finance imports needed for export generation such as imports of equipment, spare parts and raw materials;
  4. To promote and finance the export of non-traditional African goods and services;
  5. To promote and provide insurance and guarantee services covering commercial and non-commercial risks associated with African exports;
  6. To promote development within Africa of a market for bankers’ acceptances and other trade documents;
  7. To promote and finance South-South trade between African and other countries;
  8. To assist African clearing houses and payment arrangements to promote intra-African trade;
  9. To undertake market research and provide ancillary services, such as advisory and support services and organization of trade fairs, aimed at expanding intra- and extra-African trade.
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