Afreximbank Launches ATDC to Boost African Trade in Value-added Goods
Afreximbank has launched the African Trade Distribution Company (ATDC) to boost large-scale trade in value-added goods across Africa. The new entity, in collaboration with Arise Integrated Industrial Platforms (Arise IIP) and Equitane DMCC, aims to catalyze trade in raw materials and mineral products.
ATDC has already secured a $1 billion funding pledge and will focus on aggregating goods, supporting logistics, and providing financing. The President and Chairman of the Board of Directors of Afreximbank, Benedict Oramah, officiated the operational launch of ATDC at the ongoing Trade Fair 2025 in Algiers, Algeria.
The subsidiary, ATDC Minerals (ATMIN), will specifically focus on trading and financing mineral and hydrocarbon products.
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