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)
Afreximbank expands East African trade scheme
Afreximbank and BSMART Technology Ltd have expanded the Afreximbank African Collaborative Transit Guarantee Scheme…
Africa-Caribbean trade to reach $1.8b
Africa and the Caribbean trade is projected to soar to $1.8 billion annually by 2028, driven by value addition,…
Afreximbank raises authorised capital five-fold
Afreximbank shareholders approved a fivefold increase in authorized share capital from $5 billion to $25 billion.
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Afreximbank supports Fidelity Bank’s expansion with $40m facility
Afreximbank has disbursed a $40 million Intra-African Investment Facility to Fidelity Bank Nigeria Plc.
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…
Cabinet approves Egypt’s FEDA membership
The Egyptian Cabinet approved on Thursday a draft presidential decree regarding the country’s membership of the…
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 awards exhibitors at IATF2023
The African Export-Import Bank (Afreximbank) awarded a number of exhibitors at Intra-African Trade Fair (IATF 2023)…
