Afreximbank regards TFIs to be highly relevant to its business strategy because they are an important channel, through which this Bank makes its services and credit lines available to African exporters and importers, in the markets where operates. In this way, an institution before being named TFI goes through a very
strict selection process that scrutinizes its ability to grant credit, its positioning in the market, the robustness of its balance sheet, among other aspects.
BFA, as a partner of Afreximbank in strategic initiatives to promote and establish the Continental Free Trade Area (AFCFTA - Africa Continental Free Trade Area) will be part of the business ecosystem of that institution, having access to a set of digital and extremely structured computer platforms for sharing information, of which we highlight, for example, the payment system clearing and settlement in national currencies, which will reduce the need for foreign currency, the computer platform for accessing and sharing information about African companies and the opportunity to investment in our continent.
