New York, 30 September 2024: – Haiti has become the 12th Caribbean Community (CARICOM) member state to accede the partnership agreement between and among CARICOM countries and African Export-Import Bank (Afreximbank). During a ceremony on September 25 at the Haitian Investment Forum, held on the sidelines of the 79th United Nations General Assembly (UNGA) in
PAFTRAC urges increased efforts to raise awareness of AfCFTA’s operational mechanisms
L-R: Prof. Patrick Utomi, Chairman Pan African Private Sector Trade and Investment Committee (PAFTRAC), Mounira Smihi, Executive Director, Bank of Africa, Zurich, Ashish Shah, Di-rector, Division of Country Programmes, International Trade Center (ITC) Zelda Hunter, Partner, White & Case, Sergio Silva, IC Publications (moderator) Geneva, 25 September 2024: – African regulators and policymakers should take
National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance
Cairo, 25 September 2024: –In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in
Afreximbank reconstitutes its Creative Africa Advisory Group ahead of CANEX Weekend
Egypt, Cairo, 09 July 2024 – Ahead of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, African Export-Import Bank (Afreximbank) has announced the reconstitution of the Creative Africa Advisory Group (CAAG). This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme. The first meeting of the reconstituted
The AATB Concludes its 4th Board of Governors Meeting with Landmark Agreements to Enhance Arab African Trade and Cooperation.
Milestone Agreements Forge New Paths in African-Arab Trade Relations Tunis, Republic of Tunisia, – 05 July 2024 -The Arab Africa Trade Bridges (AATB) Program announces the successful conclusion of its 4th Board of Governors (BoG) Meetings, held alongside with the Tunisia Africa Business Meeting (TABM) from 2 July 2024, in Tunis, Tunisia. This event marks
Afreximbank and Africa CDC pledge US$2 billion facility in support of Africa Health and Pharmaceutical Products Manufacturing
Paris, France – June 20, 2024: African Export-Import Bank (“Afreximbank” or “the Bank”) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced today on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Through this collaboration, Afreximbank has
Afreximbank signs agreement for US$100-million trade finance facility to DRC’s Rawbank
Nassau, The Bahamas: 13 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement for a US$100-million trade finance facility in favour of Rawbank to assist the Bank increase trade flows into and out of the Democratic Republic of Congo (DRC). The facility, the largest trade finance facility ever provided by Afreximbank to a
Afreximbank’s Annual Meetings 2024 Calls for Africans Across the Globe to Unite
Nassau, The Bahamas, 12 June 2024: – Heads of State, Ministers, government officials, and renowned captains of industry were among the over two thousand delegates attending day one of the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) being held in Nassau, The Bahamas from June 12-15. Themed “Owning our Destiny: Economic Prosperity on the
Afreximbank Launches 2024 African Trade Report and African Trade and Economic Outlook Report at AAM 2024
Nassau, The Bahamas, 12 June 2024: –African Export-Import Bank (Afreximbank) today launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024 at the Afreximbank Annual Meetings (AAM) 2024 in Nassau, The Bahamas. The latter report forecasts that African economies will grow on average by 3.8% in 2024 – slightly ahead of
African Export-Import Bank US$500 Million Dual Tranche Syndicated Term Loan Facility
Cairo, 12 June 2024: Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed a US$500,000,000-Dual Tranche Syndicated Term Loan Facility (the “Facility”) for the African Export-Import Bank (Afreximbank or the Borrower). ICBC and SCB acted as Coordinators, Initial Mandated Lead Arrangers and Bookrunners for the Facility,