The conference On the sidelines of the IATF2021 Trade and Investment Conference, the Kwazulu-Natal Government and the African Export -Import Bank (Afreximbank) co-hosted a conference of African Sub-Sovereign Governments on 18 November 2021 under the theme: “African Sub-Sovereign Governments Network as a Vehicle for Promoting Intra-African Trade and Investment” in Durban, Kwazulu-Natal, South Africa.
IATF 2021 Generates US$42.1 billion Trade and Investment Deals
Durban, 29 November 2021 – The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The latest figures captured additional data submitted by Trade Promotion Agencies of Algeria, Nigeria and South Africa.
Zimbabwean Companies Sign Deals worth over $188 Million With Afreximbank at IATF2021
Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of US$188,600,000. The deals, concluded during the second Intra-African Trade Fair (IATF2021) currently taking place in Durban, were agreed on Tuesday and Wednesday. The trade fair opened on 15 November in Durban and runs until
Afreximbank signs MOU with African Risk Capacity Group to enhance resilience and disaster risk financing initiatives.
Durban, 18 November, 2021. The African Export-Import Bank (Afreximbank) and African Risk Capacity (ARC) Group signed a Memorandum of Understanding (MoU) to jointly enhance resilience and disaster risk financing initiatives that also impacts the trade and supply chain across the continent. The purpose of this MOU is to enable joint member states to enhance disaster
Silverbird Group and AAA Entertainment Sign $50 Million Deal at IATF
Silverbird Group and AAA Entertainment are entering into a partnership to develop and produce a slate of cinematic African feature films on the continent. AAA Entertainment will bring to the partnership an experienced film development, financing and production team, facilities and partnership network, while Silverbird Group brings its cinema exhibition and distribution infrastructure and experience
President Obasanjo Advocates for Made-In-Africa Brand to Instill Pride in African products
Durban, 18 November 2021 – The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an emblematic Made-in-Africa brand that will promote intra-African trade and boost the international export of African products. Speaking during a conversation session that marked the
Afreximbank signs US$1.04 Billion deal with NNPC at IATF2021
Durban, 17 November 2021 – African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded yesterday in Durban during the second intra-Africa trade fair, which opened on 15 November and runs until 21 November. The transaction comprises
IT’S COTE d’IVOIRE FOR IATF2023
Durban, 16 November 2021 – Cote d’Ivoire has been announced as the host for the third edition of the Intra-African Trade Fair in 2023. Former President Olusegun Obasanjo, Chairman of the IATF Advisory Council while announcing the success of the West African Country’s bid, thanked His Excellency President Alassane Ouattara of Cote d’Ivoire for putting
African Heads of State Converge in Durban for Intra-African Trade Fair 2021 Opening Ceremony
Durban, 16 November 2021: The Intra-African Trade Fair (IATF2021) kicked off with spectacular fanfare on 15th November. Under the theme “Building Bridges for a successful AfCFTA”, the fair attracted thousands of visitors at the Durban International Convention Centre on its Opening Day. In a formidable demonstration of pan-African leadership support for the Intra- African
Afreximbank successfully completes its Joint Lead Manager and Bookrunner role for Fidelity Bank Plc’s USD 400 million 5-Year Senior Eurobond
Cairo, 15 November 2021: African Export-Import Bank (Afreximbank) through its Advisory & Capital Markets (ACMA) investment banking arm acted as a Joint Lead Manager (JLM) and Bookrunner to place and close Fidelity Bank Plc’s USD 400 million 5-Year 144A/Reg S Senior Unsecured Eurobond on 21st October 2021. The transaction settled on 28th October 2021 and