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Management Team

Afreximbank’s management team oversees its full range of functions. These include Banking Operations, Credit, Administration, Human Resources, Finance, Treasury, Legal Services, Research and Planning, Strategy and International cooperation, Trade finance, Project and Export Development Finance, Risk Management, Executive Secretariat, External Communications, Corporate Finance and Advisory Services, Syndications and Specialized Finance, Information Technology, Compliance and the

Board of Directors

President & Chairman Prof. Benedict Okey Oramah   Members of the Board of Directors  Class A 1. Mr. Aliyu Ahmed (Nigerian) Permanent Secretary , Federal Ministry of Finance of Nigeria 2. Dr. Denny Kalyalya (Zambian) Former Governor of the Bank of Zambia 3. Mr. Stefan Luis-François Nalletamby (French) Actg., Vice President, Vice President p.i., OIVP

News

Expression of Interest – Developer(s) & Building Contractor(s); Harare, Zimbabwe

The African Export-Import Bank (the “Bank”) is a pan-African multilateral financial institution headquartered in Cairo, Egypt, established to provide financing solutions and advisory services for the expansion, diversification, promotion and development of intra- and extra-African trade. The Bank intends to construct its Southern Africa Regional Office and Trade Centre on a 12,000 square metre plot

Afreximbank Holds Trade Finance Training for Zimbabwean Banks

Harare, 19 March 2020: – The African Export-Import Bank (Afreximbank) has delivered a training programme for Zimbabwean banks in an effort to enhance their technical skills in trade finance. The documentary trade finance training, held in Harare from 24 to 29 February, attracted 44 participants from 15 commercial banks, one non-bank financial institution and the

Afreximbank avails USD2 Million to Harare Receivables Exchange for Factoring and Supply Chain Financing in Zimbabwe.

Harare, 05 June 2019: Harare Receivables Exchange (Private) Limited (“HRE”), is pleased to announce the conclusion of a USD2 Million facility to support exporters through the African Export-Import Bank (“Afreximbank”). This facility will allow HRE to support companies that are working diligently to export their products and services to reliable customers across the world. HRE

Afreximbank Donates $1.5 Million to Support Tropical Cylone Idai Relief Efforts in Mozambique, Zimbabwe and Malawi; Also Plans Deployment of Post-Crisis Interventions

Cairo, 28 March 2019: – The African Export-Import Bank (Afreximbank) has announced the donation of $1.5 million to support the relief effort in aid of the victims of Tropical Cyclone Idai which devastated the southern African countries of Mozambique, Zimbabwe and Malawi recently. Afreximbank President Prof. Benedict Oramah said that the relief package was approved

Afreximbank to Arrange up to $1.5 Billion for Investment Promotion in Zimbabwe

Abidjan, 29 March 2018: – The African Export-Import Bank (Afreximbank) will arrange between $1 billion and $1.5 billion of funded and guarantee facilities to support businesses interested in investing in Zimbabwe, Dr. Benedict Oramah, President of the Bank, has announced. Speaking on Tuesday during a special session on “Doing Business in Zimbabwe” at the Africa

Zimbabwe Welcomes Afreximbank Support in International Re-Engagement Effort

Harare, 13 December 2017: – Zimbabwe will welcome the support of the African Export-Import Bank (Afreximbank) as it seeks to re-engage with the international and business communities, Emerson Mnangagwa, the country’s new President, has said in Harare. Speaking yesterday while receiving Bank President Dr. Benedict Oramah, who led an Afreximbank delegation on a courtesy visit

Afreximbank Agrees $600-Million Line of Credit to Zimbabwe’s Reserve Bank

Harare, 24 September 2017: – The African Export-Import Bank (Afreximbank) yesterday entered into a memorandum of understanding (MOU) to provide a $600-million line of credit to the Reserve Bank of Zimbabwe (RBZ). Afreximbank President Dr. Benedict Oramah signed the MOU on behalf of Afreximbank during a ceremony in Harare while Dr. John Mangudya, Governor of

Zimbabwe’s Acting President Receives Afreximbank Board Members

The acting President of Zimbabwe, Emmerson Mnangagwa, today in Harare received the members of the Board of Directors of the African Export-Import Bank (Afreximbank) who paid him a courtesy visit in his office in the city. The Board Members, who are in Harare for the quarterly meeting of the Board, were accompanied on the visit

Afreximbank launches $100 million facility to improve liquidity in Zimbabwe

The African Export-Import Bank (Afreximbank) has launched the Afreximbank Trade Debt-backed Securities (AFTRADES), a $100 million facility and associated instruments aimed at alleviating the liquidity challenges confronting the financial sector in Zimbabwe. At a ceremony held as part of the meeting of the Board of Directors of the Bank in Harare on 22 March, Afreximbank

Statue Unveiled Honouring H.E. Issoufou Mahamadou’s Leadership in establishing the AfCFTA

Accra, 16 July 2021 – The African Continental Free Trade Area (AfCFTA) Secretariat, the African Union (AU), the United Nations Economic Commission for Africa (UNECA) and the African Export-Import Bank (Afreximbank) announce the unveiling of a statue in honour of His Excellency Issoufou Mahamadou, former President of the Republic of Niger and African Union Champion of

Afreximbank Supports ARSO in the Harmonisation of African Automotive Standards

Cairo/Nairobi/Johannesburg, 8 June 2021: – African Export-Import Bank (Afreximbank) is supporting the African Organisation for Standardisation (ARSO) to harmonise standards in the automotive sector in Africa in order to facilitate an accelerated development of the sector across the continent. The harmonised standards are to be adopted by individual African countries, facilitating cross-border trade, under the

2020 Preliminary Global Factoring Statistics

The first estimates for the factoring industry worldwide in 2020 were announced on 21 April 2021 by the FCI Secretary General. The global figure gives a significant indication that the industry had a very challenging year, in line with the havoc that the 2020 pandemic created globally, all countries impacted differently based on their own

African Export-Import Bank and AfCFTA call on President of the Republic of Ghana H.E. Nana Akufo-Addo on the Pan-African Payments and Settlements System (PAPSS)

  Accra, 5 March 2021: – The President of African Export-Import Bank (Afreximbank) Prof. Benedict Oramah and the Secretary-General of the African Continental Free Trade Area (AfCFTA), Mr. Wamkele Mene called on His Excellency Nana Akufo-Addo at the Jubilee House in Accra. As the Champion of the African Union Financial Institutions, the meeting was to

Afreximbank expands Trade Finance Intermediary Initiative

Cairo, 15 December 2020: – During 2020, the African Export-Import Bank (Afreximbank) has increased the number of its Trade Finance Intermediaries (TFIs) to more than 65 in 30 African countries. A key component of the Bank’s business model, the Trade Finance Intermediary initiative enables a smoother delivery of Afreximbank’s initiatives and credit solutions. In line

AfCFTA: Afreximbank supports factoring as a viable alternative source of finance for SMEs

Cairo, 11 December 2020 – The African Export-Import Bank (Afreximbank) considers factoring as a viable alternative financing instrument for supporting Small and Medium-sized Enterprises (SMEs) at a time when traditional commercial bank lending is tightening while trading is about to begin under the African Continental Free Trade Area (AfCFTA). Kanayo Awani, Managing Director of Afreximbank’s

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