Afreximbank co-organises The Zanzibar Trade and Investment Forum

Stone Town, Zanzibar,  28 November 2022 – African Export-Import Bank (Afreximbank) is pleased to announce its support of The Zanzibar Trade and Investment Forum which will take place on 30 November-1 December. The Forum will showcase investment opportunities and projects in Zanzibar, facilitate B2B engagements, as well as encourage joint ventures, partnerships and business deals within

CANEX WKND 2022 : African film industry leaders reveal their strategies at CANEX WKND

This Saturday, 26 November, Day 2 of CANEX WKND 2022, the meeting of cultural industry actors from Africa, a panel discussion bringing together five african personalities from the cultural sector, was held focusing on the theme: “Reaching African and Global Screens”. The panel discussion, held at Sofitel Hôtel Ivoire, Abidjan, gave the audience at the

Afreximbank and Thelo DB renew partnership for the development of railways in Africa

Abidjan, Cote d’Ivoire, 23 November 2022 – African Export-Import Bank (Afreximbank) renewed a partnership agreement with South Africa-based Thelo DB Proprietary Limited (Thelo DB), signing a memorandum of understanding (MoU) to support railway corridor and network development, operations, including the opportunity to expand infrastructure and enhance operational efficiencies of existing networks. The MoU, which was first

Winners of ClimaTech Run 2022 competition announced at COP27

COP27-Sharm El-Sheikh, Egypt, 21 November 2022 – Two African startups, BleagLee and LiquidGold in addition to Ryp Labs, Earthly, Koltiva have been announced as winners of the ClimaTech Run 2022 during the COP27 Conference in Sharm, El Sheikh, Egypt. ClimaTech Run, a global multi-stage program included as part of the preparations for the United Nations

Afreximbank supports ART X Lagos, West Africa’s premier international art fair

Lagos, Nigeria, 18 November 2022 – African Export-Import Bank (Afreximbank) was delighted to sponsor Art X Lagos 2022, West Africa’s premier international art fair showcasing the best and most innovative contemporary art from Africa and the diaspora. The Bank’s participation included hosting a visual art exhibition entitled “What Shall We Name These Rivers?”, which addressed the

FEDA invests $85 million into Arise IIP to support its pan-African growth strategy

17th November 2022 – The Fund for Export Development in Africa (FEDA) has announced a $85 million investment into ARISE Integrated Industrial Platforms (ARISE IIP), the pan-African infrastructure developer and operator. This deal demonstrates the confidence of FEDA in ARISE IIP’s development strategy. The investment agreement was concluded on 16 November 2022 in London, between Marlène Ngoyi, CEO of

The Liquidity and Sustainability Facility (LSF) closes inaugural $100 million repo transaction at COP27 with Afreximbank and Citi to improve the liquidity of African sovereign bonds, relying on innovative Triparty infrastructure developed with BNY Mellon and White & Case

Sharm El–Sheikh, Egypt, 14 November 2022 – The Liquidity and Sustainability Facility (LSF) designed by the United Nations Economic Commission for Africa (ECA), in collaboration with African Export-Import Bank (Afreximbank), announces at COP 27 it has concluded its inaugural repo transaction with Citi for an amount of USD 100 million.  This innovative transaction, with funding

Africa’s just transition demands a just formula guided by African priorities

Sharm El Sheikh, Egypt, 14 November, 2022 – Access to energy is a catalyst for development anywhere in the world. In Africa, energy poverty has been a major constraint not just to economic development but increasingly to trade. “These constraints can only be addressed if there is access to energy, and the energy gap is closed.

Afreximbank conducts business forum in Namibia

Cairo, 14 November 2022 – African Export-Import Bank (Afreximbank), in collaboration with the Namibia Trade Forum and the Ministry of Industrialisation and Trade, hosted a business forum in Windhoek, engaging various trading partners and stakeholders on its mandate to provide financial support, establish partnerships and oversee projects implementation processes. Afreximbank’s representatives introduced the business sector

Afreximbank signs Memorandum of Understanding with the Bank of Industry to promote trade and investment flows in Nigeria

Abidjan, Cote d’Ivoire 5 November 2022 – African Export-Import Bank (Afreximbank) is pleased to announce that it has signed a Memorandum of Understanding with the Bank of Industry (BOI) for the establishment of a Joint Project Preparation Facility (JPPF) that will provide early-stage project preparatory financing and technical support services to public and private sector entities