Cairo, 12 November 2023: – Afreximbank’s Executive Vice President in charge of Intra-African Trade Bank, Mrs. Kanayo Awani, has been elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring, invoice financing and asset-based lending industry. Mrs. Awani was unanimously elected at FCI’s 55th Annual Meeting in Marrakech, Morocco on 2nd of November

Cairo, 10 November 2023:   Acclaimed novelist Chimamanda Adichie and Narrative Landscape Press, in partnership with Creative African Nexus (CANEX) and the African Export-Import Bank (Afreximbank), yesterday in Cairo announced The CANEX Prize for Publishing in Africa. Designed to be awarded to the publisher of the best African fiction or non-fiction title, with the inaugural winner to be

Cairo, 10 November 2023: The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November. Positioned as

Cairo, 10 November 2023: The African Export-Import Bank (Afreximbank) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023 CANEX Summit held as part

Cairo, 9 November 2023: The third Intra-African Trade Fair (IATF2023) kicked off in Cairo today with Chief Olusegun Obasanjo, former President of Nigeria and Chairman of the IATF2023 Advisory Council, saying that intra-African trade holds the key to unlocking Africa’s true potential and fuelling economic growth, fostering industrialisation and creating job opportunities for the people

Cairo, 9 November 2023 – African Export-Import Bank (Afreximbank) is delighted to announce the appointment of Mr. Haytham El Maayergi as its Executive Vice President, Global Trade Bank, succeeding Mr. Amr Kamel, former Executive Vice President, Business Development & Corporate Banking. Mr. El Maayergi brings to this role over three decades of diverse experience, with 25 years

On October 17, in the presence of Shengjun Ren, President of CEXIM and Prof. Benedict Oramah, Afreximbank President and Chairman of the Board of Directors at the CEXIM Headquarters in Beijing, Mr. Wencai Zhang, Vice President of CEXIM, and Dr. George Elombi, Executive Vice President of Afreximbank signed the agreement. The purpose of the loan

17th October 2023 – The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced an investment into Cabinda Oil Refinery, an integrated modular oil refining platform in Angola being developed by Gemcorp Holdings (“Gemcorp”) in Joint Venture with Sonangol. Cabinda Oil Refinery is a 60,000 barrel per day (bpd) high conversion refinery, with a first

Marrakech, Morocco – 16th October 2023: Africa will need a system to discover and nurture entrepreneurial talents to grow its economy and create jobs for its young population. This recommendation was made by Jim Clifton, chairman of the globally renowned polling and analytics firm, Gallup, when he delivered the 7th annual Babacar Ndiaye lecture on 14th October

Marrakech, Morocco, 15 October 2023: – African Export-Import Bank (Afreximbank) has entered into a memorandum of understanding (MoU) with the Government of Morocco, represented by the Ministry of Economy and Finance, to develop a US$1billion Morocco-Africa Trade and Investment Promotion programme. According to the terms of the MoU, the programme shall aim to facilitate and guide