Cairo and Accra, 28 September 2021: – African Export-Import Bank (Afreximbank) and AfCFTA Secretariat announced today the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. By simplifying cross-border transactions and reducing the dependency on hard currencies for

Yaoundé, 27 September 2021 – African Export-Import Bank (Afreximbank) on 24 September 2021 launched its Central Africa Regional Office in Yaoundé, Cameroon. The new office covers the Economic Community of Central African States (ECCAS), composed of Cameroon, the Central Africa Republic, Chad, Congo, the Democratic Republic of Congo, Equatorial Guinea and Gabon. The establishment of

Yaounde, September 22, 2021: – A delegation of the top executives and directors of African Export-Import Bank (Afreximbank) visited the site of the future Afreximbank Trade Centre for Central Africa in Yaounde on Wednesday afternoon, September 22, 2021. Led by Professor Benedict Oramah, President and Chairman of Board of Directors of Afreximbank, the delegation was

Yaoundé, 23 September 2021: – African Export-Import Bank (Afreximbank) today in Yaoundé held a promotional event to showcase the Bank’s programmes, products and services to the business community and government. As well as communicating the breadth of the Bank’s offering to businesses in the region, the event also enabled Afreximbank to gauge its particular requirements

Cairo, 15 September 2021: – The African Export-Import Bank (Afreximbank) has committed to provide US$500 Million to support Ethiopian commercial banks through the Afreximbank Trade Facilitation (AfTRAF) Programme, which incorporates various products devised to increase intra-extra African trade volumes, diversify the character of this trade, and assure the confidence of trade partners in the settlement

The opportunities for trade and investment in Chad are palpable – and yet they are too often overlooked or neglected. Indeed, despite an economy primed and poised for accelerated economic growth, the country’s share of intra-African exports in 2019

Cairo, 06 September 2021: – African Export-Import Bank (Afreximbank) has announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid Intelligent Technologies (Liquid), a pan-African telecommunications technology group. This is the first investment made by FEDA, a development impact-oriented subsidiary of Afreximbank, which provides equity and quasi-equity funding to companies

Nairobi, 31 August 2021: – Kenya hosted a Country Roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat, IATF2021 will take place in Durban, KwaZulu-Natal,

Cairo, 02 September 2021: – African Export-Import Bank (Afreximbank) has released its audited financial statements for the six months ended 30 June 2021, showing a solid performance, in line with expectations. The results, which reflected a net income of $168.9 million for the period a 12% increase over $150.75 million recorded in 2020, were achieved

Cairo, 31 August 2021: – The Republic of Rwanda has become the first African country to ratify the Agreement for the Establishment of the Fund for Export Development in Africa (FEDA), while the Republic of Togo and the Republic of South Sudan have recently acceded to the Agreement establishing this development impact-oriented subsidiary of the