The African Export-Import Bank (Afreximbank) has staked US$6 billion in development financing to strengthen Africa’s food security prospects which has faced severe challenges due to climatic changes heightened by geo-political conflicts, Oluranti Doherty, Director of Export Development at the Bank, said in Accra today. Ms. Doherty, who was participating in a panel discussion on “Overcoming
São Tomé and Príncipe Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)
Kigali, 15 June 2023: The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of the African Export-Import Bank (Afreximbank), has announced that Democratic Republic of São Tomé and Príncipe has become the latest country to sign the FEDA Establishment Agreement. The accession to the agreement, achieved under the guidance of Prime Minister
Afreximbank’s African Medical Centre of Excellence wins Best Health Deal Award.
London, 14 June 2023: – The African Medical Centre of Excellence (AMCE), under development by the African Export-Import Bank (Afreximbank) in Abuja, Nigeria, has received the award for the Best Health Deal in the Europe, Middle East, and Africa (EMEA) region. The award, presented at the 15th Annual EMEA Finance Achievement and Project Awards Charity
Afreximbank Provides Egypt’s CIAF Leasing with US$44 million Aircraft Financing Facility
Cairo, 7 June 2023: – The African Export-Import Bank (Afreximbank) has provided Egypt-based CIAF Leasing with a US$44-million aircraft financing facility for the acquisition of three Embraer E-190 aircraft to strengthen the company’s leasing operations. With Afreximbank as senior debt provider and the Brazilian National Development Bank (BNDES) providing an export credit funding line, the transaction
Nigerian Ministry of Health delegation accompanies Afreximbank on a visit to the AMCE project site to assess progress.
Nigeria, 6 June 2023 – The Honorable Minister of Health, Nigeria, Dr. Osagie Ehanire – accompanied by AMCE Executives, including CEO Brian Deaver, and representatives of Afreximbank – inspected the construction site of the African Medical Centre of Excellence (AMCE) in Abuja to assess the progress made in setting up this pioneering institution, ahead of its
Afreximbank and Fiducia join forces to promote factoring and supply chain finance in Africa
Cairo, 02 June 2023 – In a move that is set to change the face of supply chain and SME financing in Africa, the African Export-Import Bank (Afreximbank) and the supply chain financing company, Fiducia, have entered into a Memorandum of Understanding (MoU) to promote factoring across the continent and help reduce the supply chain finance
President Akufo-Addo, other African and Caribbean leaders to headline Afreximbank’s 2023 Annual Meetings in Accra
Cairo, 02 June 2023: – Ghanaian President Nana Addo Dankwa Akufo-Addo and other leading African and Caribbean figures will be among the top headliners at the 30th Annual Meetings of the African Export-Import Bank (Afreximbank) taking place in Accra from 18 to 21 June 2023. According to a provisional programme released today, President Akufo-Addo and Prime
Cairo named new venue for 3rd Intra-African Trade Fair
IATF2023 now set for 9-15 November 2023 Cairo, Egypt, 29 May 2023: The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023. The IATF2023 Advisory Council said in Cairo that the decision to change
Afreximbank holds roadshow in The Gambia
The Gambia, 23 May 2023 – African Export-Import Bank (Afreximbank) is delighted to report the successful completion of its roadshow in The Gambia, which took place between the 4th and 5th of April 2023. As well as providing a forum in which Afreximbank could explore business development opportunities in the country and identify priority transactions in pivotal strategic
Afreximbank Executive Vice President Kanayo Awani honoured at Africa Economy Builders Awards Forum
Abidjan Abidjan, Cote d’Ivoire, 08 May 2023 – The African Export-Import Bank’s (Afreximbank) Executive Vice President, Intra-African Trade Bank, Mrs. Kanayo Awani, who doubles as Acting Executive Vice President, Business Development and Corporate Banking, has been honoured with the African Economic Integration Champion Award at the 13th Africa Economy Builders Forum and Awards held in Abidjan,