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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  Mr. Hassan Abdalla (Egyptian) Governor, Central Bank of Egypt 2. Mr. Aliyu Ahmed (Nigerian) Permanent Secretary , Federal Ministry of Finance of Nigeria 3. Dr. Denny Kalyalya (Zambian) Governor of the Bank of Zambia Class B 1. Mr. Kee Chong


Zimbabwe Accedes to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement

Kigali, Rwanda, 7 March 2023 – The Republic of Zimbabwe became the sixth signatory to the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). The Agreement was recently signed by His Excellency Dr. Emmerson Dambudzo Mnangagwa, President of the Republic of Zimbabwe. This accession

Zimbabwean Companies Sign Deals worth over $188 Million With Afreximbank at IATF2021

Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of US$188,600,000. The deals, concluded during the second Intra-African Trade Fair (IATF2021) currently taking place in Durban, were agreed on Tuesday and Wednesday. The trade fair opened on 15 November in Durban and runs until

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

Titans of business recognised at the Afreximbank Pan-African Business and Development Awards

– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year –  Aliko Dangote GCON, Chairman & CEO of Dangote Group wins the Afreximbank Founder of the Year Award having recently opened his $19bn petrochemicals plant and Africa’s largest refinery – Ethiopian Airlines, which distributed critical medical equipment and

Afreximbank’s insurance subsidiary, AFREXInsure, secures its first transaction

Cairo, 27 March 2023 – Afreximbank Insurance Management Company (AfrexInsure) – a wholly owned subsidiary of African Export-Import Bank (Afreximbank) – has completed its first insurance policy, facilitating the issuance of all-risk construction insurance cover to Oman Shapoorji Company (a Shapoorji Pallonji group company), in relation to the construction of the Afreximbank Africa Trade Center in Harare,

Afreximbank pledges to help bridge Africa’s Climate finance gap

Sharm El–Sheikh, Egypt, 12 November 2022 – African Export-Import Bank (Afreximbank) has pledged to support Africa to bridge the USD250 billion climate finance gap in collaboration with other African financial institutions. Speaking at the ongoing COP27 Conference hosted by the Arab Republic of Egypt in Sharm El Sheikh, Denys Denya Afreximbank’s Executive Vice President –

Afreximbank Trade Payment Services (AfPAY) launched

Harare, Zimbabwe, 29 September 2022 – African Export-Import Bank (Afreximbank) is delighted to announce the commercial launch of Afreximbank Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade on open account terms on behalf of identified African financial institutions and their clients. Afreximbank developed the product specifically


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