Cairo, Egypt, 31 March 2025: – AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele portfolio, this new development aligns
AFREXIMBANK AND ZEP-RE LAUNCH THE TRANS-AFRICA BOND ALLIANCE (TABA)
Friday 28th March, Nairobi, Kenya – African Export-Import Bank (Afreximbank) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment
Afreximbank breaks ground on historic state-of-the-art AATC in Barbados, first outside Africa
At the Barbados AATC groundbreaking, from right to left: Hon. Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and Hon. Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials. Bridgetown, Barbados, 24 March 2025:
Afreximbank Acts as Joint Global Coordinator on BADEA’s second EUR 750mn Senior Eurobond due 2028
Cairo, Egypt, 24 March 2025: – African Export-Import Bank (Afreximbank) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock
Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth
Cairo, Egypt, 24 March 2025: – Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank), becoming the 53rd African member state of the African multilateral financal institution and bringing the Bank closer to its goal of broadening its product offerings to all parts of the continent. In the instrument of accession,
Creative Africa Nexus (CANEX) announces second edition of the Prize for Publishing in Africa
21 March 2025 – Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) invites African publishers of trade books to apply for the second edition of the CANEX Book Factory Prize for Publishing in Africa. The initiative, developed in partnership with Narrative Landscape Press Limited, underscores the commitment of Afreximbank through the CANEX
Algeria steps up preparations for IATF2025 as six-month countdown starts
Algiers, Algeria… 17 March 2025 – Preparations are on course for the Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment event that will be held in Algiers, Algeria from 4th to 10th September 2025. With only six months to go until IATF2025, the Government of the People’s Democratic Republic of Algeria in conjunction
Uganda joins Afreximbank’s FEDA as 21st Member State
Kampala, Uganda, 06 March 2025: – The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) development impact investment arm, into all corners of the continent reached a major milestone today with the signing of the Fund’s Establishment Agreement by Uganda. With Uganda’s accession, FEDA
ARISE IIP secures $450 million Afreximbank facility for industrial parks, Special Economic Zones development
Cairo, Egypt… 06 March 2025: In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit facility with ARISE IIP, the leading pan-African developer and operator of world-class industrial parks. This financing will support the development of industrial parks and Special Economic Zones (SEZ), while
KCB Group and Bank of Kigali launch PAPSS, enabling seamless and affordable cross-border payments across Africa
Cairo, Egypt, 06 March 2025 – The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the