Featured Egypt’s Sisi reviews economy, inflation efforts Aya Anwar May 19, 2026 0 Egypt’s President Abdel Fattah El Sisi met with Central Bank Governor Hassan Abdalla on Tuesday to review the…
Featured Egypt prepares to host Afreximbank annual meetings in El Alamein Aya Anwar May 14, 2026 0 Central Bank of Egypt Governor Hassan Abdalla and African Export-Import Bank (Afreximbank) President George Elombi…
Egypt News Egypt’s c. bank joins PAPSS to boost intra-African trade Nada Ali Dec 3, 2024 0 The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
Banks Afreximbank raises authorised capital five-fold Nada Ali Jul 3, 2024 0 Afreximbank shareholders approved a fivefold increase in authorized share capital from $5 billion to $25 billion.
Africa News Zambia in talks to restructure $3.3b of commercial debt Aya Anwar Apr 3, 2024 0 Zambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas…
Africa News Benedict Oramah named Forbes Africa’s 2023 Person of The Year Nada Ali Dec 21, 2023 0 The African Export-Import Bank (Afreximbank) president Benedict Oramah has received the Forbes Africa magazine 2023…
Africa News Afreximbank partners with Basketball Africa League Nada Ali Nov 14, 2023 0 The African Export-Import Bank (Afreximbank) has invested $750,000 in a strategic partnership with the Basketball…
Africa News Afreximbank signs $30mln loan facility with Angolan Griner Engenharia Yomna Yasser and Nada Ali Nov 12, 2023 0 African Export-Import Bank (Afreximbank) signed on Sunday a $30 million Corporate Loan Facility with Griner…
Banks Afreximbank grants Djibouti $120 mln loan Nada Ali Jul 31, 2023 0 The African Export-Import Bank (Afreximbank) announced on Monday the $120-million financing facility to Djibouti’s…
Banks Fitch downgrades Tunisia’s rating to CCC- Yassmine Elbehnaihy Jun 11, 2023 0 Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
Money Afreximbank earmarks $1 billion to support Africa historic free trade deal Amwal Al Ghad English Jul 9, 2019 0 The African Export-Import Bank (Afreximbank) said on Monday it will institute a $1 billion adjustment facility to…
Money Afreximbank to offer some shares in stock market listing – president Amwal Al Ghad English Jun 22, 2019 0 The African Export-Import Bank (Afreximbank) plans to sell some of its shares in an initial public offering (IPO)…
Money Egypt pays $406 mln debt to Afreximbank: central bank Ahmed Ali Jun 2, 2019 0 Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Money Cairo-based African Export-Import Bank 2018 net profit rises 25% Ahmed Ali Apr 8, 2019 0 The African Export-Import Bank (Afreximbank), a Cairo-based multilateral institution focused on financing and…
Money Afreximbank 9-month gross income rises 14.3% Ahmed Ali & Hesham Ibrahim Nov 24, 2018 0 The African Export-Import Bank (Afreximbank) reported a 14.3 percent rise in nine-month gross income to $546.6…
Featured Telecom Egypt to get UAE banks-led $500 mln loan before year-end Abdel Hameed Sabry & Nayera Eid Sep 4, 2018 0 Telecom Egypt, the country’s largest internet provider, will secure a loan of $500 million arranged by First Abu…
Banks Egypt repays final tranche of Afreximbank loan mohamed Hamdy Jun 5, 2018 0 Egypt repaid a final tranche of the African Export-Import Bank (Afreximbank) loan worth $500 million, the bank’s…
Banks Foreign reserves increase to $36.723bn by end-November: Egypt’s c.bank Yomna Yasser Dec 6, 2017 0 Egypt's foreign reserves increased to $36.723 billion by end of November, up from $36.703 in October, the Central…
Banks Egypt’s Export Development Bank to sign Afreximbank $500 mln deal in days Yomna Yasser Oct 23, 2017 0 Chairperson of Egypt’s Export Development Bank (EDBE) expects her bank will sign a $500 million financing facility…
Banks Cairo-based Afreximbank lead arranger for $1.8bn Zimbabwe arrears loan Yomna Yasser Sep 26, 2017 0 Egypt-based African Export-Import Bank (Afreximbank) is lead arranger for a $1.8 billion loan to help Zimbabwe…
Banks Afreximbank, Egypt’s Arab Contractors sign $200 million facility deal Yomna Yasser Jul 30, 2017 0 Egypt’s construction firm Arab Contractors has signed Sunday a $200 million credit facility agreement with the…
Banks Afreximbank in talks to build African investment zone in Egypt’s Suez Canal Yomna Yasser Jul 25, 2017 0 Egypt is negotiating with the African Export-Import Bank (Afreximbank) the possibility of establishing an African…
Banks Banque Misr to receive Afreximbank’s $200 mln SME facility in July – official Yomna Yasser Jun 28, 2017 0 The African Export-Import Bank (Afreximbank) will provide Egypt’s second largest bank, state-owned Banque Misr with…
Banks Banque Misr signs $200 million SME financing deal with Afreximbank Yomna Yasser Jun 21, 2017 0 Egypt’s second largest bank, state-owned Banque Misr says it has signed a $200 million financing facility agreement…
Banks Afreximbank, Banque Misr to sign $200 mln financing deal this month Yomna Yasser May 3, 2017 0 Egypt’s second largest bank, state-owned Banque Misr is expecting to receive this month a $200 million financing…
Banks Afreximbank, NBE sign $300 mln facility to support Egypt industrialization Yomna Yasser Apr 29, 2017 0 The African Export-Import Bank (Afreximbank) has provided Egypt’s largest public lender National Bank of Egypt…
Banks Banque Misr in talks with EIB, Afreximbank for $700 million funding Yomna Yasser Apr 5, 2017 0 Banque Misr, Egypt’s second largest state lender, is negotiating a $700 million loan from the European Investment…
Banks Afreximbank secures $1 billion facility for Egyptian institutions Yomna Yasser Feb 27, 2017 0 The African Export-Import Bank (Afreximbank) has secured more than $1 billion worth of indirect credit facilities…
Banks Afreximbank considers new loans to Egypt Yomna Yasser Feb 25, 2017 0 The African Export-Import Bank (Afreximbank) is studying a number of loans for Egyptian investors as well as banks…
Banks Moody’s upgrades Afreximbank rating to ‘Baa1’ Yomna Yasser Jan 26, 2017 0 Moody's rating agency has upgraded the rating of the African Export-Import Bank (Afreximbank) from Baa2 to Baa1,…
Banks Afreximbank to sign $500mn credit lines for Egypt SMEs in two weeks Yomna Yasser Jan 24, 2017 0 The African Export-Import Bank (Afreximbank) plans to sign $500 million credit line contracts with two state-owned…
Banks Afreximbank reveals new plan targeting $90bln disbursement over 5yrs Noha Gad Jan 18, 2017 0 The African Export-Import Bank (Afreximbank) has announced the inception of new five-year strategic plan that will…
Banks Chad ratifies Afreximbank establishment agreement Noha Gad Jan 9, 2017 0 President Idriss Deby Itno of Chad, on 30 December 2016, ratified the Agreement on the Establishment of the African…
Banks Afreximbank grants $200 million facility to support Egypt’s electricity sector Yomna Yasser Dec 7, 2016 0 The African Export-Import Bank (Afreximbank) signed Tuesday a $200 million loan facility agreement with the…
Banks Afreximbank studies $1 billion finances for Egypt oil, SME sectors Yomna Yasser Nov 27, 2016 0 The African Export-Import Bank (Afreximbank) is studying a new financing programme worth $1 billion with Egypt…
Banks Egypt eyes Afreximbank’s support to boost export industries in Africa Yomna Yasser Jul 23, 2016 0 Egypt is seeking to boost its export industries to the African markets. This comes on the sidelines of the 23rd…
Banks Afreximbank aims to raise $3 bln this year – bank president Yomna Yasser May 4, 2016 0 The African Export-Import Bank (Afreximbank) will seek to raise around $3 billion this year via Eurobonds,…
Banks BADEA secures $500 million credit line for Afreximbank Yomna Yasser Apr 28, 2016 0 The Arab Bank for Economic Development in Africa (BADEA) has signed Thursday a US$50 million credit line for the…
Banks Afreximbank pledges $1.7 billion facility to Egypt in H1 Yomna Yasser Mar 2, 2016 0 The African Export-Import Bank (Afreximbank) is to secure around $1.7 billion facility to Egypt in the first half…
EGX Cairo bourse may take part in creating Congo stock market Yomna Yasser Feb 21, 2016 0 Egypt is invited to take part in the establishment of the Congolese bourse, said the Egyptian stock exchange chief…