Ex-Im Bank Financing For Sub-Saharan Africa Exceeds $1 Billion For First Time (May 26, 2011 - WASHINGTON, D.C): The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) voted today to approve an $805.6 million direct loan to South Africa's state-owned electric power utility, Eskom, Limited. That action, plus today's approval for over $59 million to enable Rwanda's RwandAir Express to buy Boeing aircraft, brings Ex-Im Bank's current fiscal year financing in sub-Saharan Africa to nearly $1.5 billion, nearly double the previous one year record of $812 million set during the fiscal year ending last September 30th.
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Ex-Im Bank Approves $100 Million In Financing For Sale Of GE Locomotives To South Africa's Transnet (February 24, 2011 - WASHINGTON, D.C): The jobs of some 600 employees at GE Transportation's facilities in Pennsylvania and its suppliers around the country are being supported by the company's sale of locomotives to South Africa's Transnet, Limited. The Export-Import Bank of the United States (Ex-Im Bank) has approved a loan guarantee in excess of $100 million as part of the sale. read more
Presidential Order Enables U.S. Small Business To Sell Computers for Use in Sudanese Election (November 23, 2010 - WASHINGTON, D.C.): A small business in New Gloucester, Maine, will export computers to Sudan for use in a key upcoming election now that President Barack Obama has issued an order allowing financing from the Export-Import Bank of the United States (Ex-Im Bank) to support the sale. read more