Cairo, 14 November 2023: President Abdel Fattah al Sisi of Egypt, participating in the third Intra-African Trade Fair (IATF2023) in Cairo today, called on countries across the continent to consolidate their efforts and promote intra-African trade. In an address at the Presidential Summit of the trade fair, the President said that Africa’s huge natural resources and
Afreximbank records deals worth about US$1 billion as IATF2023 continues
Cairo, 12 November 2023: The third day of the third Intra-African Trade Fair (IATF2023) concluded yesterday with attendees witnessing the signing of financing and other agreements valued in excess of one billion dollars between the African Export-Import Bank (Afreximbank) and several leading business entities from across the continent. United Bank for Africa PLC – US$
AfCFTA can break Africa’s colonial legacy of exporting raw materials and importing finished goods, IATF2023 participants hear
Cairo, 12 November 2023: The African Continental Free Trade Area (AfCFTA) can break Africa’s colonial legacy of exporting raw materials and importing finished goods, Jean-Louis Ekra, Deputy Chairperson of the Intra-African Trade Fair (IATF2023) Advisory Council and a former President of the African Export-Import Bank (Afreximbank), said today as the Trade and Investment Conference of
Afreximbank’s Executive Vice President, Mrs. Kanayo Awani, elected to FCI Executive Committee (EXCOM)
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
IATF2023 hosts launch of CANEX Prize for Publishing in Africa
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
Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023
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
Afreximbank announces $1-billion African Film Fund
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
Afreximbank sees intra-African trade as key to unlocking Africa’s true potential as third Intra-African Trade Fair opens
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
Afreximbank appoints Mr Haytham El Maayergi as its Executive Vice President of Global Trade Bank (EVP GTBA).
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
The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) sign US$600 million loan to fund loans and trade finance transactions.
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