AFREXIM, Fidelity Bank, JohnVents Seal $40m Cocoa Export Deal 

Fidelity Bank, African Export-Import Bank and agribusiness firm, JohnVents Industries signed a $40m cocoa export deal at the Fidelity Bank International Trade and Creative Connect held in Houston, United States of America. <br />The loan would be provided by AFREXIM Bank with Fidelity Bank acting as the local administrative agent. <br />The Managing Director/Chief Executive Director, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, says the tripartite loan signing ceremony demonstrates the size of the opportunity in the Nigerian cocoa market and its potential to meet the demand of off-takers in the US. <br />Onyeali-Ikpe noted that the target for the expo was to close about $250m worth of deals.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>