Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
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African Export-Import Bank
Afreximbank raises authorised capital five-fold
Afreximbank shareholders approved a fivefold increase in authorized share capital from $5 billion to $25 billion.
Zambia in talks to restructure $3.3b of commercial debt
Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas…
Benedict Oramah named Forbes Africa’s 2023 Person of The Year
The African Export-Import Bank (Afreximbank) president Benedict Oramah has received the Forbes Africa magazine 2023…
Afreximbank partners with Basketball Africa League
The African Export-Import Bank (Afreximbank) has invested $750,000 in a strategic partnership with the Basketball…
Afreximbank signs $30mln loan facility with Angolan Griner Engenharia
African Export-Import Bank (Afreximbank) signed on Sunday a $30 million Corporate Loan Facility with Griner…
Afreximbank grants Djibouti $120 mln loan
The African Export-Import Bank (Afreximbank) announced on Monday the $120-million financing facility to Djibouti’s…
Fitch downgrades Tunisia’s rating to CCC-
Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
Afreximbank earmarks $1 billion to support Africa historic free trade deal
The African Export-Import Bank (Afreximbank) said on Monday it will institute a $1 billion adjustment facility to…
Afreximbank to offer some shares in stock market listing – president
The African Export-Import Bank (Afreximbank) plans to sell some of its shares in an initial public offering (IPO)…
