The African Export-Import Bank (the “Bank”) is a pan-African multilateral financial institution, established to provide financing solutions and advisory services for the expansion, diversification, promotion and development of intra- and extra-African trade. The Bank will soon commence operations of its newly constructed African Trade Centre (ATC) building complex which includes corporate office space, a hotel,
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
Afreximbank signs MOU with African Risk Capacity Group to enhance resilience and disaster risk financing initiatives.
Durban, 18 November, 2021. The African Export-Import Bank (Afreximbank) and African Risk Capacity (ARC) Group signed a Memorandum of Understanding (MoU) to jointly enhance resilience and disaster risk financing initiatives that also impacts the trade and supply chain across the continent. The purpose of this MOU is to enable joint member states to enhance disaster
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 supports exchange of knowledge and innovation through Government and WFP Luxor Centre
Cairo, 19 July 2021: – The African Export-Import Bank (Afreximbank) has announced a US$300,000 grant to the World Food Programme (WFP) in Egypt to fund the rehabilitation of the Luxor Coordination Centre for Knowledge sharing and Innovation to promote Resilience in Upper Egypt. The Luxor Center, established by WFP in partnership with the Ministry of
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 enters partnership with International Trade Centre to prepare African businesses to grow through trade
The African Import-Export Bank (Afreximbank) and International Trade Centre (ITC) team up to help businesses make the most of the African Continental Free Trade Area.