
African Union Commission (AUC) and AFREXIMBANK Forge Strategic Partnership to Advance CAAPs Initiative
- Post by: Faraafrica
- February 19, 2024
- Comments off
The African Union Commission (AUC) and African Export-Import Bank
(AFREXIMBANK) have formalized a strategic partnership by signing a Memorandum
of Understanding (MoU) to implement the Common African Agro-Parks (CAAPs)
initiative. This landmark agreement, inked at the 37th AU Summit in Addis Ababa,
solidifies the commitment of both entities to catalyze agricultural development and
agro-industrialization across the African continent.
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