Yaoundé, 25 January 2024: – The African Export-Import Bank (Afreximbank) today in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister
Afreximbank announces sad passing of erstwhile FCI (Africa Chapter) Executive member – Mr Gamal Moharam
Cairo, 23 January 2024: – African Export-Import Bank (Afreximbank) regrets to announce the recent passing of Mr. Gamal “Jimmy” Moharam after a protracted illness. Until his demise, Mr. Moharam was the former Chairman of the Egyptian Factoring Association, former Chairman & Managing Director of Cairo Factors (June 2013 – April 2022), leading executive member of the FCI
Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited.
This landmark financing is the largest syndicated loan ever raised by Nigeria in the International market and one of the largest syndicated debts raised in Africa in recent years The Facility will enhance Nigeria’s macroeconomic stability and long-term economic growth Raising such a significant amount at year end when many financiers are closing their books
Afreximbank advocates for inclusive and just energy actions at COP28
Dubai, United Arab Emirates (UAE), 16 December 2023: – African Export-Import Bank (“Afreximbank”) recently concluded its participation at COP28 in Dubai, the United Arab Emirates, where the Bank reiterated its commitment to advancing the continent’s climate goals and sustainable development agenda. Against the backdrop of the official COP28 theme “Transforming climate finance, by delivering on old
Afreximbank’s President Oramah emerges FORBES AFRICA’s 2023 Person of the Year
Cairo, 03 December 2023: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, today in Cairo received the FORBES AFRICA magazine 2023 Person of The Year award. At a well-attended award ceremony, which also included the unveiling of the cover for FORBES AFRICA’s December 2023/January 2024 edition featuring Prof. Oramah as Cover personality,
IATF2023 exceeds targets with recorded deals worth up to US$43.8 billion
Cairo, 1 December 2023: African Export-Import Bank (Afreximbank) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In final tallies released in Cairo, the organisers of the continental event said that the amount represented the value of
CALL FOR APPLICATIONS
Creative Africa Nexus and Portugal’s National Association of Young Entrepreneurs (ANJE) Call for Applications for the March 2024 Edition of CANEX PRESENTS AFRICA @ PORTUGAL FASHION Cairo/Porto, 1 December 2023 African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) have launched a call for applications from Fashion Designers from Africa, the
Afreximbank and King’s College London Sign Memorandum of Agreement (MOA) to establish Medical and Nursing School in Abuja, Nigeria
London, UK, November 28, 2023 – African Export-Import Bank (Afreximbank) and King’s College London (“KCL” or” King’s”) have signed a memorandum of agreement (MOA) that sets the stage for initiating a scoping study that will determine the feasibility of their plan to jointly establish of a state-of-the-art medical and nursing school alongside the African Medical Centre
Afreximbank awarded “Sustainable Deal of the Year” for pioneering the Liquidity and Sustainability Facility (LSF) for Africa
Cairo, 21 November 2023: – The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment and development of the Liquidity and Sustainability Facility (LSF), a vehicle that seeks to increase liquidity and demand for Eurobonds issued by African Sovereigns. Issued by
Afreximbank’s President Oramah wins Zik Prize in Leadership
Cairo, 20 November 2023: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, was yesterday in Lagos awarded the 2021/22 Zik Prize in Professional Leadership by the Public Policy Research and Analysis Centre (PPRAC). In a citation, Prof. Pat Utomi, Head of the PPRAC Zik Prize Selection Committee, said that Prof. Oramah is