Algiers, 18 October 2024 – President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus (CANEX) programme from $1 billion to $2 billion for the next three years. The announcement was made during the CANEX WKND 2024 opening ceremony
Afreximbank’s CANEX WKND 2024 kicks off in Algeria
Algiers, 16 October 2024 – The Creative Africa Nexus Weekend (CANEX WKND) 2024, a flagship initiative by African Export-Import Bank (Afreximbank) kicked off today, Wednesday 16 October 2024, marking a pivotal and significant moment for the cultural and creative industries in Global Africa. Ahead of the official opening, the President and Chairman of Board of
Enterprise Singapore partners with African Export-Import Bank to catalyse financing for Singaporean companies expanding to Africa
Cairo, Monday, 14 October 2024 Enterprise Singapore (EnterpriseSG) and African Export-Import Bank (Afreximbank) have signed an agreement to enhance access to financing for Singapore companies seeking to venture into Africa. This marks the first partnership between EnterpriseSG and a multilateral development bank[1], as part of the Enterprise Financing Scheme – Multilateral Development Banks (EFS-MDB). This
Afreximbank to Host 2024 Trade Finance Seminar and Factoring Workshop in Windhoek, Namibia
Cairo – Egypt, 10 October 2024 – African bankers, financiers, legal practitioners, insurers, and professionals from regulatory agencies and corporates, from across the African continent involved in trade finance will gather in Windhoek, Namibia, from 5 to 8 November for the annual Afreximbank Trade Finance Seminar (ATFS) and Factoring Workshop. The event will address critical
Afreximbank through its Africa Buyer Tour Programme partners with ARISE Gabon SEZ to drive Intra-Africa trade
Cairo, 07 Oct. 2024: – In its ongoing efforts to foster stronger trade links across the continent, African Export-Import Bank (Afreximbank) partnered with ARISE Gabon Special Economic Zone (GSEZ) to host the first African Buyer Tour Programme in Gabon under the African Buyers Programme initiative (ABP). The event brought together buyers from some of the
Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
Cairo, 04 October 2024: – African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the
African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week
Paris, 03 Oct. 2024: – Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, 18 exceptional fashion brands from across Africa and the diaspora exhibited their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa initiative.
African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week
Paris, 03 Oct. 2024: – Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, over 20 exceptional fashion brands from across Africa and the diaspora showcased their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa
Fund for Export Development in Africa and Africa Finance Corporation power ARISE IIP’s US$443 Million capital raise
Dubai, 02 October 2024 — ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million. The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in
Afreximbank Joins Africa Collective & AfCFTA as Host Partner at Davos 2025
Switzerland, Davos, September 30, 2024: Africa Collective and the African Continental Free Trade Area (AfCFTA) Secretariat are happy to announce African Export-Import Bank (Afreximbank) as their Host Partner at Davos 2025, on the margins of the World Economic Forum. The strategic partnership between Afreximbank, Africa Collective and the AfCFTA Secretariat was borne out of a