Chairman Hochberg will meet with government and business leaders in Cameroon, to discuss EXIM Bank financing opportunities for Sub-Sahara African businesses.
Chairman Hochberg will also attend World Economic Forum on Africa in Kigali, Rwanda, where he will participate in conference activities and engage strategic dialogues with African leaders in the public and private sectors.
ABOUT EX-IM BANK:
EXIM Bank is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Almost ninety percent of its transactions directly serve American small businesses.
In fiscal year 2015, EXIM Bank approved $12.4 billion in total authorizations. These authorizations supported an estimated $17 billion in U.S. export sales, as well as approximately 109,000 American jobs in communities across the country.