Egypt’s c.bank governor highlights support for intra-African trade at AAM2025
Egypt’s central bank Governor Hassan Abdalla took part this week in the 32nd Afreximbank Annual Meetings (AAM2025)…
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African Export-Import Bank (Afreximbank)
Afreximbank launches $3b intra-African oil financing programme
African Export–Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing…
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…
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)…
Afreximbank signs $50mln term loan facility with Green Economic Zone Kaduna
The African Export-Import Bank (Afreximbank) has signed a $50 million term loan facility with Green Economic Zone…
Afreximbank signs MoU with African Airlines Association (AFRAA)
Africa Export-Import Bank (Afreximbank) signed memorandum of understanding (MoU) with African Airlines Association…
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 $35 million deal with Djibouti’s Red Sea Bunkering
The African Export–Import Bank (Afreximbank) has signed on Sunday heads of terms for $35 million dual tranche trade…
Afreximbank’s executive VP elected to FCI Executive Committee
Afreximbank’s executive vice president of Intra-African Trade Bank, Kanayo Awani, has been elected to the Executive…
Afreximbank signs $1.18 billion mandate for BSMART Technology
The African Export–Import Bank (Afreximbank) has signed on Sunday a mandate for $1.18 billion Interstate Transit…
Afreximbank signs €175mln with Mota-Engil Africa
The African Export–Import Bank (Afreximbank) has signed on Sunday a dual tranche term loan facility worth €175…
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 signs $10 million facility deal with Zambia’s IGI
The African Export–Import Bank (Afreximbank) has signed on Sunday a $10 million facility agreement with Zambian…
Afreximbank signs $300 million AATGS deal with ZEP-RE
The African Export–Import Bank (Afreximbank) has signed on Sunday a term sheet for a $300 million African…
AACTGS programme to transform Africa into a single, integrated market – Oramah
Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), said on Sunday the Afreximbank…
Afreximbank signs MoU with African Union at IATF 2023
The African Export–Import Bank (Afreximbank) has signed on Sunday a memorandum of understanding with the African…
Afreximbank signs $30 million deal with Uganda’s BSMART Technology
The African Export–Import Bank (Afreximbank) has signed on Sunday a term sheet for a $30 million interstate transit…
Afreximbank signs $55 million facility deal with Burundi’s BANCOBU at IATF 2023
The African Export–Import Bank (Afreximbank) has signed on Saturday a $55 million trade facility agreement with…
Afreximbank inks €113mn deal for Vista’s acquisition of Societe Generale subsidiaries in 4…
The African Export–Import Bank (Afreximbank) has signed on Saturday a €113 million term sheet agreement with Vista…
Afreximbank signs $96 million trade facility with Congo’s Sapro Mayoko
The African Export–Import Bank (Afreximbank) has signed on Saturday a $96 million term sheet with Sapro Mayoko, one…
Afreximbank signs $150 million deal with United Bank for Africa
The African Export–Import Bank (Afreximbank) has signed on Saturday a $150 million trade finance financing facility…
Afreximbank offers $1bln finance to support Africa’s automotive industry
The Africa Export-Import Bank (Afreximbank) has allocated on Sunday $1 billion automotive financing facility for…
Afreximbank: boosting domestic manufacturing offers $500bln revenues in Africa
Helen Brume, Director of Project and Asset Based Finance at African Export-Import Bank (Afreximbank), appraised the…
Afreximbank signs $141 million deal with Zimbabwe’s Exodus & Company at IATF 2023
The African Export–Import Bank (Afreximbank) has signed on Saturday a term sheet for a $141 million seven-year…
Afreximbank signs MoU with ICRITR to drive Africa’s integration and trade
The African Export–Import Bank (Afreximbank) has signed on Saturday a memorandum of understanding with the…
Afreximbank signs $75 million deal with Burkina Faso’s Lilium Gold
The African Export–Import Bank (Afreximbank) has signed on Saturday a term sheet for a $75 million trade finance…
Afreximbank signs $40 trade facility deal with Burundi’s BCB bank
The African Export–Import Bank (Afreximbank) has signed on Saturday a $40 Trade Facilitation (AFTRAF) with one of…
Afreximbank signs $10 million ATEX facility agreement with Malawi’s FDH Bank
The African Export–Import Bank (Afreximbank) has signed on Saturday a $10 million Africa trade exchange (ATEX)…
Afreximbank signs €141 million deal with Vista Group for Oragroup acquisition
The African Export–Import Bank (Afreximbank) has signed on Saturday a $141 million term sheet under the…
Government support crucial for global reach in automotive industry – AAAM
Government support is crucial for the global outreach of the automotive industry, said Ahmed Fikri Abdel Wahab,…
African Automotive Show kicks off at IATF 2023 in Egypt
The African Automotive Show kicked off on Saturday at the third edition of the Intra-African Trade Fair, IATF2023.
Afreximbank, Kenya Association of Manufactures sign cooperation deal at IATF 2023
The African Export–Import Bank (Afreximbank) on Friday signed a cooperation agreement with Kenya Association of…