Standard Chartered soft commodity loan to boost Asia-Africa trade

Export Trading Group receives a $120 million structured loan for trade in Asia and Africa from Standard Chartered and the IFC.

Kenyan maize growers will benefit from Standard Chartered's structured trade loan. (Source: AFP)

Edward Russell

May 25, 2010

Rising Asia-Africa trade flows have received their latest boost with a $120 million structured syndicated trading loan to agricultural commodity dealer Export Trading Group by Standard Chartered Bank and partially guaranteed by the International Finance Corporation (IFC).

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