Cairo, 29 March 2024: – African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates and commercial banks with relevant

Cairo, 28 March 2024: – The African Export-Import Bank (Afreximbank) has announced the successful completion of a “first-of-its-kind” India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders, and arranged by Bank of Africa UK PLC, the primary syndicated club deal saw participation from Indian lenders through their overseas branches and

Cairo, 26 March 2024: – The African Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has piloted the affairs of the global factoring body for the past 11 years, commending him for making Africa a priority by connecting the continent to the global factoring community. In

The financing will support the Bank’s interventions in food security and climate smart agriculture. The two also signed an MoU to enhance cooperation between Italian and African companies. Cairo, 25 March 2024: – Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have

Cairo, 21 March 2024: The Africa Export-Import Bank (Afreximbank’s) MANSA Digital Initiative, a Pan-African due diligence platform, has been awarded four ISO standards for the effective implementation of its Information Management Systems (IMS). MANSA Digital Initiative is a pan-African customer due diligence platform created by Afreximbank to promote, expand and support both intra and extra

Kigali, 20 March 2024: – The African Export – Import Bank (Afreximbank) has officially unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA was established to tackle Africa’s US$110 billion financing gap for intra-African trade, value-added export development, and industrialisation value chains, with Rwanda being the first among fifteen African

Barbados, 14 March 2024: – The African Export-Import Bank (Afreximbank) is delighted to announce that it has successfully executed its first facility disbursement from its recently-established Caribbean Office in Bridgetown, Barbados. The disbursement is a US $6 million Education Rehabilitation Climate-linked Sovereign Term Loan Facility to the government of St. Lucia through its Ministry of

Cairo 14 March 2024: – Kanayo Awani, Executive Vice President, Intra-African Trade Bank at the Africa Export-Import Bank (Afreximbank), has received the African Diaspora Advisory Board (ADAB) Global Woman Award in Washington, D.C., for her work in promoting intra-African trade. In a citation presented at the ceremony, Mrs. Awani was recognised for her dedication, visionary

March 12, 2024 – African Export-Import Bank (Afreximbank) is pleased to announce its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at facilitating the training of 300 young African entrepreneurs. The training program will focus on entrepreneurship and intra-African trade and is set to commence in March 2024. The GAIN-Afreximbank Masterclass

Cairo, March 7, 2024: African Export-Import Bank (Afreximbank or “the Bank”) joins the world today to mourn the untimely passing of its longstanding partner, client and friend, Dr. Herbert Wigwe, the Group managing director and CEO of Access Holdings Plc, one of Africa’s top banking institutions, which sad event took place on February 9, 2024