Africa must develop frameworks, demonstrate value add and work in partnerships in order to attract the $82 billion funding it needs from FDIs, governments and investors to implement AfCFTA. Such was the conclusion of a panel considering the most critical elements to achieving the funding Africa needs to implement AfCFTA. A panel made up of

Cairo – 16 June 2022: His Excellency President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, this morning officially opened the 29th Afreximbank Annual Meetings 2022 (AAM2022) in Cairo, Egypt. Co-hosted by African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE), the meetings have assembled more than 1,500 delegates, leaders and experts

A key highlight of the opening day of AAM2022 was the introduction of four successful young entrepreneurs from Brazil and Africa by Professor Joao Monte, President of the Brazil Africa Institute (IBRAF), a non-profit organization that aims to promote international cooperation between Brazil and the African continent. Malawi-based farmer and ‘Agripreneur’, Maness Nkhata participated in

The Russia-Ukraine crisis has greatly undermined Africa’s budding post-pandemic recovery. This has been exacerbated by Western-led economic and financial sanctions against Russia which have escalated supply chain bottlenecks and inflationary pressures. Heightening geopolitical tensions and the disruption of trade routes have raised commodity prices, led to food shortages and raised the risk of stagflation and

Cairo, 15 June 2022- African Export-Import Bank (Afreximbank) has signed a US$35 million facility with AEE Power to support the energy company to enhance its operations across Africa. The signing of the deal took place on 15 June 2022 on the sidelines of the 29thAfreximbank Annual Meetings (AAM2022) taking place in Cairo, with Rene Awambeng, Global Head, Client Relations, Afreximbank, and Jose Ángel

Cairo, 15 June 2022 – “Africa’s problems are for Africans to solve,” Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), told participants at the start of the 29th Afreximbank Annual Meetings (AAM2022) in Cairo. In an opening statement at the St. Regis Alamsa Convention Centre in Egypt’s

The Advisory Council of the Intra-African Trade Fair 2023 (IATF2023) held its second meeting on June 14, 2022 in Cairo in preparation for the trade fair scheduled to take place in Abidjan, Côte d’Ivoire, from November 21 to 27, 2023. IATF2023 Advisory Council members discussed preparatory arrangements and were pleased with the progress on the

Cairo, 10 June 2022 – African Export-Import Bank (Afreximbank) is pleased to announce that Nigeria’s Bank Of Industry (BoI) €750 million Senior Participation Note issuance, for which Afreximbank’s Advisory and Capital Markets (ACMA) division acted as Global Coordinator and Active Bookrunner, has received the “Deal of the Year – Debt” award by the African Banker

Cairo – 6 June 2022 – African Export Import Bank (Afreximbank) has announced the disbursement of a US$300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority stake in Union Bank Plc, Nigeria (UBN). The deal will enhance the competitive dynamics of the Nigerian banking sector, while maintaining

Cairo, 03 June 2022 – African Export-Import Bank (Afreximbank) today announced agreed mandate to the International Islamic Trade Finance Corporation (ITFC) to raise a US$250 million Murabaha Financing facility, which will support Afreximbank’s Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA). The signing by Eng. Hani Salem Sonbol, CEO ITFC and Prof. Benedict Oramah,