Afreximbank signs a US$10 Million Trade Finance Facility with Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading

Cape Town, South Africa, 2 December 2024: –African Export-Import Bank (Afreximbank) in Cape Town, South Africa, has agreed to provide a US$10 million-dollar revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. Under the terms of the agreement signed during the African Energy Week, Dorman Long

Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya

Kisumu, Kenya, 29 November 2024: –African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed to

Empowering African SMEs: Afreximbank Hosts Factoring Workshop in Namibia

Windhoek, Namibia: – Continuing its drive to transform Africa’s financing landscape to ensure the growth of small businesses, African Export-Import Bank (Afreximbank) hosted a one-day Factoring Workshop with FCI, on the side-lines of the Annual Trade Finance Seminar held in Windhoek, Namibia. The  Workshop was aimed at helping place Africa’s small and medium-sized enterprises (SMEs)

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

Kisumu, Kenya, 27 November 2024 WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) and the United Cities and Local Governments of Africa (UCLG Africa) HAVING deliberated on the theme “Leveraging

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Kisumu, Kenya, 26 November 2024: – Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how

Afreximbank takes lead at GTR’s Africa Conference

London, United Kingdom, 20 November 2024: – A team from African Export-Import Bank (Afreximbank) joined more than 400 delegates from Africa-focused corporates and financiers of the continent’s trade, export and infrastructure finance market for the 2024 GTR Africa Conference in London, United Kingdom, on 14 November 2024. The event, which focused on addressing the pressing

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

Cairo, Egypt, 18 November 2024: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M’2024). The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels,