Export-Import Bank of India (Exim Bank) has extended a line of credit (LOC) of USD 24 million to the Government of the Republic of Cote d'Ivoire, for financing Electricity Interconnection Project between Cote d'Ivoire and Mali.

With the signing of the LOC agreement for USD 24 million, Exim Bank, till date, has extended five LOCs to the Republic of Cote d'Ivoire, at the behest of the Government of India, taking the total value of LOCs to USD 136.30 million, the bank said.

The LOC agreement was signed on Sept.22, 2015 by ambassador of Cote d'Ivoire H E Sainy Temele and Nadeem Panjetan, chief general manager Exim Bank, it said.

Exim Bank has now in place 200 Lines of Credit, covering 63 countries in Africa, Asia, Latin America, Oceania and the CIS, with credit commitments of over USD 12.22 billion, available for financing exports from India.