Cairo, 6 April 2022 – The Board of Directors of African Export-Import Bank (Afreximbank) on 31 March 2022 approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA), a programme of credit facilities that the Bank has developed to manage the impacts of the Ukraine crisis on African economies and businesses.
Afreximbank conducting business roadshow in Mozambique
Cairo, 01st April 2022 – The African Export-Import Bank (Afreximbank) conducted a business roadshow in Mozambique from the 28th to the 31st of March, which targeted local businesses and showcased the Bank’s programmes, facilities and initiatives to an audience comprised of local business stakeholders, parastatals, and financial institutions, among others. Afreximbank showcased various products including
Arab-Africa Trade Bridges (AATB) Board of Governors Meeting
Cairo, 22 March 2022 – The 3rd Annual Board of Governors (BoG) Meeting of the Arab-Africa Trade Bridges (AATB) Program recently held in Cairo, Egypt, chaired by Dr. Hala ElSaid, Minister of Planning and Economic Development, convened all partners, strategic stakeholders, and public and private sector players in the Program to reinforce the role of
Afreximbank in collaboration with the Djibouti Chamber of Commerce conducts a roadshow for the Business Community
Cairo, 4 March 2022 – African Export-Import Bank (Afreximbank) and the Djibouti Chamber of Commerce (CCD) conducted a three-day business roadshow in the country, to promote the Bank’s programmes, facilities, and initiatives to stakeholders, including Government Agencies, Parastatals, Financial Institutions and the businesses community among others. The roadshow consisted of a one-day seminar
Afreximbank to advance Zanzibar’s development agenda
Cairo, 21 February 2022 – African Export-Import Bank (Afreximbank) and the Revolutionary Government of Zanzibar have agreed to collaborate to industrialize and diversify Zanzibar’s economy by pursuing a sustainable and inclusive economic growth underpinned by a robust blue economy with cross linkages to priority sectors
Afreximbank signs EUR250 million loan agreement with KfW, acting on behalf of German Federal Ministry for Economic Cooperation and Development (BMZ)
Cairo, 17 February 2022 – African Export-Import Bank (Afreximbank) is delighted to announce the signing of a loan agreement of an amount of EUR 250 million with the German Development Bank KfW, acting on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). The loan will support the Bank’s Covid-19 intervention programme,
Afreximbank’s Fund for Export Development in Africa (FEDA) invests in Mauritania’s leading FMCG company TND SA to develop local poultry and dairy production
Kigali, 7 February 2022: – African Export-Import Bank (Afreximbank) has announced an investment by the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, into TND SA, a leading FMCG Company in Mauritania. This investment will help to diversify TND’s business beyond importation to include integrated manufacturing of dairy and poultry products, in
JCR Rating Agency Ltd. Announces Afreximbank International-Scale Long Term Issuer Rating of A-
Cairo, 20 December 2021 – African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency (JCR). The rating reflects the strong support that Afreximbank receives from its shareholders, its preferred creditor status, its solid earnings capacity, and the crucial role
Creative Africa Nexus and Portugal’s National Association of Young Entrepreneurs (ANJE) Call for Applications for Third Edition of CANEX PRESENTS AFRICA @ PORTUGAL FASHION
Cairo/Porto, 25 February 2022 – African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) are putting out a call for applications from Fashion Designers from Africa, the Caribbean, and the Diaspora to participate in the 2022 edition of the flagship programme, CANEX Presents Africa @ Portugal Fashion, to take
Afreximbank signs US$50 million partnership with FONSIS to support project preparation activities in Senegal
Durban, 2 December 2021 – African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MOU) with Fonds Souverain d’Investissements Stratégiques (FONSIS) to provide project preparatory capital to assist public and private sector investors to progress projects from concept stage to bankability in a timely manner in Senegal. The agreement was signed on 16 November