Story perspectives

Mauritius Bank Pledges $1B Trade-Finance, Boosts Agri Finance.

6/5/2026

Summary

Story summary

Mauritius Commercial Bank (MCB) pledged $1 billion to fund trade-finance facilities across Africa.
The package includes letters of credit, confirmed letters of credit, avalised bills of exchange and guarantees.
MCB aims to strengthen regional value chains and intra-African trade under the African Continental Free Trade Area.
MCB signed a Letter of Intent with Proparco and African partner banks in the Africa AgriTrade Coalition to expand agricultural finance.

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Story summary

Mauritius Commercial Bank (MCB) pledged $1 billion to fund trade-finance facilities across Africa.
The package includes letters of credit, confirmed letters of credit, avalised bills of exchange and guarantees.
MCB aims to strengthen regional value chains and intra-African trade under the African Continental Free Trade Area.
MCB signed a Letter of Intent with Proparco and African partner banks in the Africa AgriTrade Coalition to expand agricultural finance.