News articles

The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, H.E. Wamkele Mene (fifth left) poses with Afreximbank’s Group Chief Economist & Managing Director, Research, Dr. Yemi Kale (fifth right) and other dignitaries during the Ghana IATF2025 Business Roadshow in Accra. Accra, June 13, 2025 – Ghana is fast-tracking the implementation of the African

Cairo, Egypt – June 10, 2025… Afreximbank operates under very high standards of financial transparency. The Bank’s financial reporting strictly adheres to International Financial Reporting Standards (IFRS), including IFRS 9. This standard governs the classification and staging of loan performance, including the treatment of non-performing loans, amongst other matters. The Bank’s application of IFRS 9

Speakers and other key dignitaries at the IATF2025 Kenya roadshow held on June 5, 2025 in Nairobi, Kenya Nairobi, June 9, 2025 – Kenya is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent. Speaking during the Kenya IATF2025 Business Roadshow

L-R: Hon. Wale Edun, Minister of Finance and Coordinating Minister of the Economy Nigeria, Dr. Kayode Fayemi, Former Governor of Ekiti State, Senator, Dr. George Akume, Secretary to the Government of the Federation, Federal Republic of Nigeria, H.E. Senator Kashim Shettima, Vice President of the Federal Republic of Nigeria representing H.E Bola Ahmed Tinubu GCFR,

Cairo, Egypt, 30 May 2025: The State of Libya has taken a critical step towards its full membership of African Export-Import Bank (Afreximbank) with the acquisition of shares in the African multilateral Bank, making the country both a participating state and a shareholder of the Bank. The country submitted its payment for the acquisition of

Dr. Ashni Singh (eight from left), Senior Minister in the Office of the President with Responsibility for Finance and the Public Service and participants at the Afreximbank Guyana Roadshow Georgetown, Guyana, 28 May 2025: The Cooperative Republic of Guyana and African Export-Import Bank (Afreximbank) have concluded a two-day roadshow to promote access to a US$1-billion

Cairo, Egypt, 27 May 2025: –African Export-Import Bank’s (Afreximbank) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa. As financial advisor, ACMA’s role will involve leveraging

Cairo, Egypt, 26 May 2025: –African Export-Import Bank (Afreximbank) through its Advisory and Capital Markets Department has successfully acted as Joint Lead Manager on a RegS-only tap reopening of outstanding Ecobank Transnational Incorporated’s (ETI) US$ 400-million 10.125 per cent Oct-2029 notes for an additional amount of US$ 125 million listed on the London Stock Exchange.

Prof. Benedict O. Oramah, President and Chairman of Board of Directors, Afreximbank 23 May 2025… Structured Trade Finance (STF) is a highly specialised area of trade finance that has evolved directly from practice. As it grows and becomes more complex in an increasingly risk-based regulatory environment, there is a need for more detailed guidance on

St. George’s – Grenada, 21 May 2025 —African Export-Import Bank (Afreximbank), in partnership with the Government of Grenada, is pleased to announce that the fourth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2025) will be held in St. George’s, Grenada, from 28 to 29 July 2025 under the theme: “Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of

FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and in other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other key members of the investment community. Statements regarding the

His Excellency Mahamat Idriss Déby Itno, President of the Republic of Chad confers on Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank the prestigious national honours award of ‘Commander of the National Order of Chad’ award. N’Djamena, Chad, 20 May 2025: The President of the Republic of Chad, His Excellency

Cairo, Egypt, 09 May 2025 – The Pan-African Payment & Settlement System (PAPSS) warmly welcomes the new circular from the Central Bank of Nigeria (CBN), announcing a significant streamlining of documentation requirements for PAPSS transactions in Nigeria. This progressive policy, announced on 28 April 2025, sets the stage for faster, more cost-effective, and more inclusive

CELEBRATING 40 YEARS OF DAZZLING DESIGN Ncuti Gatwa, Jaden Smith, Omar Sy, Oscar Boateng, Hope Smith, Burna Boy, Hanna Hultberg, Emilia Boateng and Ozwald Boateng attend the 2025 Met Gala Celebrating “Superfine: Tailoring Black Style” at Metropolitan Museum of Art on May 05, 2025 in New York City. (Photo by Mike Coppola/MG25/Getty Images for The

Winners of the 2024 CANEX Shorts (from left): Francis Y. Brown (Ghana) in the Best Animation category, Brian Obra (Kenya) in the Best Documentary category and Esenaga Mbwe (Botswana) in the Best Fiction category. The 2025 edition of the short film competition has been unveiled by Creative Africa Nexus (CANEX), an intervention by African Export–Import

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank with Mr. Calixte Tabangoli, Chief Executive Officer of Banque Postale du Congo during the signing ceremony Cairo, Egypt, 08 May 2025: –African Export-Import Bank (Afreximbank) has signed a EUR 15 million Factoring line of credit agreement with Banque Postale du Congo (BPC)

Kigali, Rwanda 07 May 2025: African Export-Import Bank (Afreximbank), through its development impact investment arm, the Fund for Export-Development in Africa (FEDA), has committed to spearhead the launch of the Africa Film Fund (‘the Fund’) as part of its Creative Africa Nexus Programme (CANEX). This transformative undertaking of up to US$1 billion is designed to

Members of the steering committee of the Partenariat pour le Coton (PPC) at the Cairo meeting Cairo, Egypt, 07 May 2025: –African Export-Import Bank (Afreximbank) recently hosted a two-day meeting of the Steering Committee of the Partenariat pour le Coton (PPC), a global platform established to support transformation and value addition in the cotton-textile-garment (CTG)

Bold African entrepreneurs invited to apply for a 3-month accelerator program designed to drive intra-African trade and industrialisation.Selected startups to receive equity investment, expert mentorship, and unrivalled industry exposure. Cairo, Egypt 29 April 2025: African Export-Import Bank (Afreximbank), has officially launched the Afreximbank Accelerator Program, a transformative three-month initiative aimed at empowering African entrepreneurs who

Cairo, Egypt… 28 April 2025: – To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products