SADC Business Council and Afreximbank launch the SADC – Africa Trade and Investment Marketplace

Kinshasa, 10 August 2022 – Today theAfrican Export-Import Bank (Afreximbank) and the SADC Business Council (SADC BC) launched the SADC – Africa Trade and Investment Marketplace which aims to promote regional trade, unlock investment opportunities, deepen economic cooperation, and drive sustainable business growth between the SADC region and the rest of Africa. The SADC –

Barbados and Afreximbank Announce first-ever Africa-Caribbean Trade and Investment Forum

Bridgetown/Cairo, July 27, 2022 – The Government of Barbados and the African Export-Import Bank (Afreximbank) have announced the first-ever Africa-Caribbean Trade and Investment Forum (ACTIF) scheduled to take place in Bridgetown, Barbados, from August 31 to September 3, 2022. ACTIF2022 will be held under the theme “One People, One Destiny: Uniting and Reimagining Our Future”. The Forum aims to

PAPSS is now ISO 27001 Certified, in commitment to global security standards.

Cairo, 19th July 2022: The Pan-African Payment and Settlement System (PAPSS) operated by African Export-Import Bank (Afreximbank) in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat and the African Union (AU), announced today that it has achieved the International Organisation for Standardisation (ISO) 27001 certification for its global operations. Following an external certification

The AfCFTA Secretariat, Afreximbank and WFP sign agreement to collaborate on agricultural development, climate action and trade in Africa

LUSAKA, 17 July 2022 – At the margins of the 4th Mid-year Coordination Meeting of the African Union taking place in Lusaka, Zambia, the African Continental Free Trade Area (AfCFTA) Secretariat, Afreximbank and World Food Programme (WFP) have signed a three-year memorandum of understanding (MoU) to disburse US$2 billion in farming loans and credit lines for agro-processors and commodity traders

Afreximbank signs project preparation facility financing head of terms with UTM Offshore Limited, to progress Floating Liquefied Natural Gas project in Nigeria

Cairo, 07 July 2022 – African Export-Import Bank (Afreximbank) is pleased to announce its execution of a project preparation facility financing head of terms with UTM Offshore Limited (UTM), under which the Bank will part-finance activities designed to progress a Floating Liquefied Natural Gas (FNLG) project in Nigeria to bankability. This deal marks Afreximbank’s ongoing

Afreximbank Welcomes Algeria as its 52nd Member State

Cairo, 30 June 2022 – African Export-Import Bank (Afreximbank) has announced that The People’s Democratic Republic of Algeria (Algeria) has joined the Bank as a Member State. That brings the membership of Afreximbank to 52 out of the 55 African Union member States. Algeria’s accession to the agreement establishing Afreximbank was formalised on 8 June

National Bank of Egypt boosts Afreximbank’s General Capital Increase, re-enforcing its position as largest non-sovereign shareholder

Cairo, 23 June 2022 – African Export-Import Bank (Afreximbank) has announced the decision of the National Bank of Egypt (NBE) to participate in its General Capital Increase, making a total investment of US$326.6 million, of which US$130.6 million have been paid-in. Through this investment, NBE maintains its position as the largest non-sovereign shareholder in the