Afreximbank and Ghana Railway Company to develop Western Railway Corridor to boost Trade and Industry 

ACCRA, 23 JUNE 2023: The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a project preparation facility Head of Terms agreement and Pre-Mandate Letter to finance the development and implementation of an integrated 299-kilometer (“km”) standard gauge railway network that connects Ghana’s western corridor to the Port of

Côte d’Ivoire Roadshow urges private sector to reap the benefits of attending the Intra-African Trade Fair 2021

Abidjan, 29 September 2021: – The organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Abidjan, Côte d’Ivoire, on 27 September to raise awareness and encourage private sector participation in the African continent’s premier trade and investment event. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union

Afreximbank to Collaborate with Nigeria Export-Import Bank to Provide Project Preparation Facilities in Support of Nigeria’s Exports

Cairo/Abuja, 24 March 2021: – African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund that will provide early project preparation financing and technical support services to public and private sector entities operating in Nigeria’s trade sector. Under the terms of

IATF2021 Advisory Council Holds its Ninth Meeting

The Advisory Council of the Intra-African Trade Fair 2021 (IATF2021) has held its ninth meeting in preparation for the Trade Fair scheduled to take place in Kigali, Rwanda from 6 to 12 September 2021. IATF2021 Advisory Council members discussed preparatory arrangements and reviewed progress on the organisation of the continental trade exhibition. The meeting, held

Afreximbank tops Bloomberg’s Africa Capital Markets League Tables as Mandated Lead Arranger, ranks highly in other categories

Cairo, 29 January 2021: – African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables”. This assessment of the Bank’s transactions recognizes the institution’s leadership role in mobilizing capital from both within and outside of the continent from a diverse

Afreximbank and Credit Suisse complete a US$1 billion 3-year syndicated term loan for Nigeria’s Bank of Industry

Cairo, 29 December 2020 – African Export-Import Bank (Afreximbank) announces the closing of a US$1 billion facility for the Bank of Industry, Nigeria’s state-owned development bank. The Facility provides much needed support to Nigerian businesses across key sectors and is the largest international syndicated loan to a Nigerian financial institution since the onset of the

Afreximbank expands Trade Finance Intermediary Initiative

Cairo, 15 December 2020: – During 2020, the African Export-Import Bank (Afreximbank) has increased the number of its Trade Finance Intermediaries (TFIs) to more than 65 in 30 African countries. A key component of the Bank’s business model, the Trade Finance Intermediary initiative enables a smoother delivery of Afreximbank’s initiatives and credit solutions. In line

Afreximbank Signs Framework Agreement with African Energy Investment Corporation

Cairo, 03 December 2020: – A Framework Agreement was signed on December 1st in Cairo between the African Export-Import Bank (Afreximbank) and the African Energy Investment Corporation (AEICorp), an affiliated entity of the African Petroleum Producers’ Organization (APPO) that was established to support the development of Africa’s hydrocarbon and energy sectors.

Afreximbank Bucks COVID-19 On Course to Raise over US$1 billion in Syndicated Loan

Cairo, 14 May 2020: – The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised of two tranches of US$485 million and EUR390.4 million. Proceeds will be used for general corporate activities, and will strengthen the Bank’s liquidity position as it implements its