Nassau, The Bahamas, 08 July 2024… African Export-Import Bank (Afreximbank) and the Forum for Agricultural Research in Africa (FARA) are pleased to announce winners of the inaugural Afreximbank-FARA Research, Innovation and Competence in Agriculture (AFRICA) Awards. These prestigious awards honour individuals, groups, or established organisations that have made outstanding contributions towards improving food and nutritional

Nassau, The Bahamas, 05 July 2024: –African Export-Import Bank (Afreximbank) has signed a facility agreement with BSMART Technology Ltd expanding the Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) to cover the issuance of container deposit guarantees and customs bonds in the East African Community (EAC) region. Under the terms of the agreement, signed at the

(Nassau/Geneva)… 04 July 2024: – Trade between Africa and the Caribbean could rise to US$1.8 billion per year by 2028 if value addition, trade facilitation and improved logistics are prioritized, according to new research by the International Trade Centre (ITC) and African Export-Import Bank (Afreximbank).   Current bilateral trade in goods between the two regions

Nassau, The Bahamas, 02 July 2024: –African Export-Import Bank (Afreximbank) has signed an agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. Once implemented, the Afro-Caribbean Marketplace will comprise 90 outlets dedicated to the sale of authentically African

Nassau, The Bahamas, 01 July 2024:  At a charity event hosted by African Export-Import Bank Spouse Network (ASNET), in collaboration with the office of the First Lady of The Commonwealth of The Bahamas, ASNET donated USD 100,000 to two local charity groups – The Salvation Army and Bahamas Children’s Emergency Fund. The event took place

Nassau, The Bahamas, 28 June 2024: – African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the Caribbean Export Development Agency (CEDA) to formalise collaboration between the two institutions and provide a platform for exploring joint activities to support trade and investment flows between Africa and the Caribbean, and other collaborations.

Nassau, The Bahamas, 27 June 2024: –African Export-Import Bank (Afreximbank), its investment impact subsidiary, the Fund for Export Development of Africa (FEDA), and JVL Media, LLC, have signed a Memorandum of Intent (MoI) to collaborate in developing Africa’s nascent film value chain, promoting the Global African experience in cinemas around the world. The MoI was

Nassau, The Bahamas, 27 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing sector, exporters and importers in Malawi. Under the terms of the agreement, signed during the just-concluded Afreximbank Annual Meetings (AAM2024) in Nassau, capital

Nassau, The Bahamas, 25 June 2024: – In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility to CBZ Bank Limited, Zimbabwe’s largest bank. The line of credit facility will strengthen financial

Nassau, The Bahamas – 21 June 2024 – The second day of African Export-Import Bank’s (Afreximbank) Annual Meetings (AAM 2024) that took place in The Bahamas from June 12 – 15 featured a highly informative Roundtable focusing on Factoring and Receivables Finance. This Roundtable brought together industry leaders, experts and stakeholders from Africa, the Caribbean

Nassau, The Bahamas…21 June 2024: – African Export-Import Bank (Afreximbank) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional development finance institution established to promote the development of the Economic and Monetary Community of Central Africa (CEMAC), have entered into a memorandum of understanding (MoU) formalising their cooperation and collaboration in promoting

Nassau, Bahamas 20 June 2024: –African Export-Import Bank (Afreximbank) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and Central