The Arab-Africa Trade Bridges Program Launches AATB Food Security Program

The Launch Event placed the limelight on Global Food Security Issues and Provided Engagement and Collaboration Opportunities for African and Arab Businesses in the Agricultural & Food Sectors  Cairo, 6 July 2023 – The Executive Committee of The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, Inter-regional program, launched a US$1.5 billion Food Security Program to

Afreximbank and Ghana Railway Company to develop Western Railway Corridor to boost Trade and Industry 

ACCRA, 23 JUNE 2023: The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a project preparation facility Head of Terms agreement and Pre-Mandate Letter to finance the development and implementation of an integrated 299-kilometer (“km”) standard gauge railway network that connects Ghana’s western corridor to the Port of

Afreximbank and UTM Offshore to develop Floating LNG project in Nigeria

ACCRA, 23 JUNE 2023: The African Export-Import Bank (Afreximbank) and UTM Offshore Limited signed a Project Preparation Facility Agreement to develop, design, and construct Nigeria’s first indigenously owned Floating LNG facility with a nameplate production capacity of 1.2 million metric tons per annum in Akwa Ibom State, Nigeria.   The agreement was signed on the side lines

Afreximbank launches Africa Trade Gateway, a single window for digital services 

Accra, 21 June 2023: – The African Export-Import Bank (Afreximbank), in collaboration with the AfCFTA yesterday in Accra launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its mandate by providing critical services to support and promote African

ARIISE, Afreximbank sign term sheet for US$400 million facility for industrial parks

Accra, 19 June 2023: – The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) today in Accra signed a term sheet for a US$400 million tranche under a proposed US$1 billion global credit facility to support ARISE IIP in the development of industrial parks and Special Economic Zones (SEZs) in several African countries

Titans of business recognised at the Afreximbank Pan-African Business and Development Awards

– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year –  Aliko Dangote GCON, Chairman & CEO of Dangote Group wins the Afreximbank Founder of the Year Award having recently opened his $19bn petrochemicals plant and Africa’s largest refinery – Ethiopian Airlines, which distributed critical medical equipment and

Afreximbank launches Insurance subsidiary to support intra-African trade 

Accra, 18 June 2023: – The African Export-Import Bank (Afreximbank) today in Accra launched its wholly owned insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and commerce sector in Africa.  Established in 2021, AfrexInsure is set

Afreximbank’s Annual Meetings 2023 opens in Accra with calls for more intra-African trade 

Accra, 18 June 2023: – The 30th Annual General Meetings of the African Export-Import Bank (Afreximbank) opened in Accra today with speakers highlighting the need for Africa to boost intra-African trade and integration in the face of the challenges resulting from the impact of the global COVID-19 pandemic and the adverse economic challenges due to the Ukraine