EXIM Bank: Supporting U.S. Business and Driving Development in Africa

January 26, 2017

From bridges to water-treatment plants, fire trucks to advanced surgical equipment, since 2009 the Export-Import Bank of the United States (EXIM Bank) has supported more than $7 billion in transactions to modernize infrastructure, improve health and well-being, and provide tools to enhance public safety in Africa. EXIM is not new to doing business in Africa; in fact, the Bank has financed exports to Angola, Ethiopia and Egypt since the 1940s. Recently, parts of Africa have been hit hard due to falling prices of oil and other commodities. Despite the economic challenges, EXIM Bank is taking the long view, and the U.S. remains one of the largest foreign direct investors on the continent.  

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