Equatorial Guinea and Ghana Accede to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

Kigali, 30 January 2024: The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of the African Export-Import Bank (Afreximbank), has announced that the Republic of Equatorial Guinea and the Republic of Ghana have recently signed the FEDA Establishment Agreement. This important milestone is the result of several months of cooperation between Afreximbank, FEDA and

Afreximbank Acts as Joint Global Coordinator on BADEA‘s Inaugural EUR 500M Social Bond

Cairo, 30 January 2024 – The African Export-Import Bank (Afreximbank), is pleased to announce that it has successfully acted as Joint Global Coordinator on the inaugural EUR 500M RegS-only senior unsecured social bond issuance by the Arab Bank for Economic Development in Africa (BADEA) under its newly-established Euro Medium Term Note (EMTN) program listed on the

Prof. Benedict Oramah recognised with the Financial Leadership Award

Accra: January 29, 2024: African Prosperity Network (APN) awarded Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export and Import Bank (Afreximbank or “the Bank”) with the Financial Leadership Award at their African Prosperity Dialogue gala dinner held on January 26, 2024. The Leadership Awards is an initiative of the

Afreximbank signs agreement to provide Cameroon with EUR 200-million facility to support National Development Strategy implementation

Yaoundé, 25 January 2024: – The African Export-Import Bank (Afreximbank) today in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister

Afreximbank announces sad passing of erstwhile FCI (Africa Chapter) Executive member – Mr Gamal Moharam

Cairo, 23 January 2024: – African Export-Import Bank (Afreximbank) regrets to announce the recent passing of Mr. Gamal “Jimmy” Moharam after a protracted illness.  Until his demise, Mr. Moharam was the former Chairman of the Egyptian Factoring Association, former Chairman & Managing Director of Cairo Factors (June 2013 – April 2022), leading executive member of the FCI

Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited.

This landmark financing is the largest syndicated loan ever raised by Nigeria in the International market and one of the largest syndicated debts raised in Africa in recent years The Facility will enhance Nigeria’s macroeconomic stability and long-term economic growth Raising such a significant amount at year end when many financiers are closing their books

Afreximbank advocates for inclusive and just energy actions at COP28

Dubai, United Arab Emirates (UAE), 16 December 2023: – African Export-Import Bank (“Afreximbank”) recently concluded its participation at COP28 in Dubai, the United Arab Emirates, where the Bank reiterated its commitment to advancing the continent’s climate goals and sustainable development agenda. Against the backdrop of the official COP28 theme “Transforming climate finance, by delivering on old

Afreximbank’s President Oramah emerges FORBES AFRICA’s 2023 Person of the Year

Cairo, 03 December 2023: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, today in Cairo received the FORBES AFRICA magazine 2023 Person of The Year award. At a well-attended award ceremony, which also included the unveiling of the cover for FORBES AFRICA’s December 2023/January 2024 edition featuring Prof. Oramah as Cover personality,

IATF2023 exceeds targets with recorded deals worth up to US$43.8 billion

Cairo, 1 December 2023: African Export-Import Bank (Afreximbank) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In final tallies released in Cairo, the organisers of the continental event said that the amount represented the value of

CALL FOR APPLICATIONS

Creative Africa Nexus and Portugal’s National Association of Young Entrepreneurs (ANJE) Call for Applications for the March 2024 Edition of CANEX PRESENTS AFRICA @ PORTUGAL FASHION Cairo/Porto, 1 December 2023 African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) have launched a call for applications from Fashion Designers from Africa, the