Cairo, 1 February, 2021: – It is with a heavy heart that Afreximbank announces the irreparable loss of our colleague, friend and great African, Dr Philip Kamau, Chief Executive Officer, Fund for Export Development in Africa (FEDA). He died in the early hours of 20th January at his residence in Cairo, Egypt. He was 61

Cairo, 25 January 2021: – The Islamic Republic of Mauritania has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of Afreximbank. The agreement was signed on 6th January 2021 by the Minister for Foreign Affairs and International Cooperation, Mr. Ismail Ould Cheikh Ahmed

  Johannesburg, January 19, 2021 — Following the announcement by the African Union Chairperson, President Cyril Ramaphosa on the 14th of January 2021 that the African Union has secured a provisional 270 million COVID-19 vaccine doses for Africa through its COVID-19 African Vaccine Acquisition Task Team (AVATT), the Africa Medical Supplies Platform (AMSP), on behalf

  London, Cairo, 14 December 2020 – MUFG and African Export-Import Bank (Afreximbank) have closed a ground-breaking $520 million facility, the first to be covered by Nippon Export and Investment Insurance (NEXI). NEXI’s proactive support for this facility was agreed on the basis of Afreximbank being a strategic partner, participation from Japanese investors, and the

CNN International Commercial (CNNIC) and African Export-Import Bank (Afreximbank) are collaborating on a new long-term initiative to showcase, empower and tell the stories of emerging and expanding businesses – known as scale-up companies – across Africa. In the first partnership of its kind, CNNIC has combined a rich suite of branded content and sponsorship solutions

Afreximbank, in collaboration with FCI, organized on 3 December a virtual workshop on factoring followed by the Annual General Meeting of FCI Africa Chapter. The aim of the workshop was to showcase the benefits and growth opportunities of factoring and bring additional focus on cross border open account trade as well as supply chain finance

  Cairo, 07 December 2020: – The interim Governing Council of the Pan-African Payment and Settlement System (PAPSS) held its inaugural meeting in Cairo on 3 December 2020, a historic step towards the operationalization of the payment system. Developed by African Export-Import Bank (Afreximbank), under the auspices of the African Continental Free Trade Area (AfCFTA)

African Export-Import Bank (Afreximbank) has put in place a Creative Africa Advisory Group to guide the implementation of the Bank’s Strategy to support the growth and emergence of Africa’s creative and cultural industries. Under its Intra-African Trade Initiative, Afreximbank has developed a program named “Creative Africa Nexus” which is a one stop shop for the

Cairo, 30 November 2020: – African Export-Import Bank (Afreximbank) today in Cairo officially launched the operations of ‘MANSA’, a pan-African customer due diligence repository for financial institutions, corporate entities and SMEs, developed to address the perceived risk of doing business in Africa and with Africans.

Cairo, 24 November 2020: – African Export-Import Bank (Afreximbank) and the Republic of Rwanda, on 22 November 2020, in Cairo, signed key documents related to the establishment of the Fund for Export-Development in Africa (FEDA), a development-oriented subsidiary of Afreximbank.