News articles

Zimbabwe to host headquarters of IATF’s new independent entity

The Chairman of the IATF Advisory Council and former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo unveils Zimbabwe as the host of the independent IATF entity ALGIERS SEPTEMBER 26, 2025 – Africa’s premier trade and investment event, the Intra-African Trade Fair (IATF) is transitioning into an independent, permanent African institution headquartered

Afreximbank, International Trade Centre renew partnership for intra-African trade

President and Chairman of the Board of Directors of Afreximbank and Ms. Pamela Coke-Hamilton, Executive Director of ITC Algiers, Algeria, 25 September 2025: African Export-Import Bank (Afreximbank) and the International Trade Centre (ITC) have renewed and expanded their memorandum of understanding (MoU), underscoring their commitment to strengthening intra-African trade, small and medium-sized enterprise (SME) competitiveness,

Afreximbank renews partnership with AAAM to promote industrialisation of Africa’s automotive sector

Afreximbank’s Director of Trade Facilitation and Investment Promotion, Dr Gainmore Zanamwe during the signing of the MoU with President of AAAM, Ms. Martina Biene. Algiers, Algeria… 23 September 2025 – African Export-Import Bank (Afreximbank) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and

Gabon confers top national honours on Afreximbank’s President and Executive Vice President

The awards were presented to Afreximbank’s President, Prof. Benedict Oramah and EVP, Dr. George Elombi in Libreville, Gabon during the groundbreaking ceremony for the construction of a 300 -MW Euro 200 million thermal power station financed by the Bank Libreville, Gabon, 22 September 2025: – President Brice Clotaire Oligui Nguema of Gabon, has conferred the

Artificial Intelligence to Take Centre Stage at the 2025 Afreximbank Compliance Forum in Kigali, Rwanda in November

Dr George Elombi, Executive Vice-President, Governance, Legal and Corporate Services and Incoming President, Afreximbank Cairo, Egypt / Kigali, Rwanda – 19 September 2025 – Artificial Intelligence (AI) is reshaping trade in Africa – curbing illicit financial flows, driving growth and boosting market opportunities. African Export-Import Bank (Afreximbank), in collaboration with the National Bank of Rwanda

CANEX Creations Inc. appoints Osahon Akpata as Chief Executive Officer

Mr. Osahon Akpata, Chief Executive Officer, CANEX Creations Incorporated (CCInc) Algiers, Algeria, 18 September 2025: – The Board of Directors of the CANEX Creations Incorporated (CCInc), a subsidiary of the Fund for Export Development in Africa (FEDA), has appointed Mr. Osahon Akpata as Chief Executive Officer to lead the company. The board confirmed the appointment

KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo SEZ

 Mr. Paul Russo (from left), Group CEO KCB Group PLC; Ms. Oluranti Doherty, Managing Director Export Development, Afreximbank and Mr. George Olaka, CEO Arise IIP-Kenya during the signing of the US$800 million funding deal for Vipingo Special Economic Zone (SEZ) in Kilifi County. They are flanked by Mr. Gagan Gupta (left), Founder and CEO Arise

Bank of Agriculture and Afreximbank Sign Agreement at IATF2025 for US$1 Billion Financing Programme to Support Bank of Agriculture’s National Smallholder Farmers Fund

ALGIERS, ALGERIA —16 September 2025 – The Bank of Agriculture (BOA), represented by its Managing Director/CEO, Mr. Ayo Sotinrin, has signed a landmark deal with African Export-Import Bank (Afreximbank), represented by the Executive Vice President for Intra-African Trade and Export Development, Mrs. Kanayo Awani. The agreement was finalisedduring the recently concluded and highly successful Intra-African

Winners of inaugural CANEX Junior Chef Competition unveiled

Algiers, 14 September 2025 – Fatma Zohra Bendjelida was crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition which celebrates young aspiring chefs’ creativity and flair in African cuisine and culture. Loubna Ali Cherif and Aouis Akkouch were named first and second runners up in the competition that was open to young

Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development

Representatives of Afreximbank, the Government of the Republic of South Africa, and Infrastructure South Africa after the signing of the Joint Project Preparation Facility Framework Agreement. Algiers, Algeria, 15 September 2025 – African Export-Import Bank (Afreximbank) has marked a significant milestone in infrastructure development in Africa with the signing of a landmark Joint Project Preparation

Afreximbank and MDGIF sign strategic MoU to accelerate development of gas infrastructure in Nigeria

Mrs Helen Brume, Director and Global Head – Project and Asset Based Finance at Afreximbank (second left) and Mr. Oluwole Adama, Executive Director of MDGIF (2nd right) exchange the signed agreement documents as Nigeria’s Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole (right) watches. Algiers, 12 September 2025 –African Export-Import Bank (Afreximbank) and the

IATF2025 ends on high note with record $48.3 billion in deals signed by participants

Algiers, Algeria, 11 September 2025: – The fourth Intra-African Trade Fair (IATF2025), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from

Togo, Algeria and Egypt shine in CANEX Shorts film contest

CANEX Shorts 2025 winners pose with their prizes after the award ceremony. Algiers, 11 September 2025 – Short films from Togo, Algeria and Egypt scooped top prizes in the 2025 edition of CANEX Shorts competition, which recognises and celebrates the next generation of filmmakers from Africa and the Diaspora. The annual competition, run by the

Basketball Africa League and Afreximbank expand multi-year collaboration to empower young professionals in Africa

ALGIERS, ALGERIA… Sept. 10, 2025 – The Basketball Africa League (BAL) and African Export-Import Bank (Afreximbank), a leading pan-African multilateral financial institution dedicated to financing and promoting intra- and extra-African trade, on Saturday announced an expansion of their multi-year collaboration to launch a series of initiatives to empower young basketball professionals in Africa by improving

Calls to nurture Africa’s creative and cultural industries as a frontier for economic growth

Afreximbank’s Executive Vice President for Intra-African Trade and Export Development, Mrs. Kanayo Awani speaks during the CANEX opening ceremony in Algiers Algiers, 06 September 2025 – The creative and cultural industries in Africa and the Diaspora have been singled out for their potential to deliver immense economic benefits to the continent by driving industrialisation, trade,

Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

Ms. Oluranti Doherty, Managing Director, Export Development Afreximbank and Mr. Thierno-Habib Hann, Managing Director and CEO, ShafDB Algiers, Algeria, 9 September 2025: –African Export-Import Bank (Afreximbank)  and Shelter Afrique Development Bank (ShafDB) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership aims to unlock a cumulative investment value of at

Karavan Press bags CANEX Book Factory Prize for Publishing in Africa 2025

Algiers, 07 September 2025 – Karavan Press, an independent publisher based in Cape Town, South Africa is the winner of the 2025 edition of the CANEX Book Factory Prize for Publishing in Africa that celebrates and recognises outstanding contributions of African publishers and authors to the literary world. Karavan Press was recognised for its book

African economies urged to invest in research for industrial transformation

Dr. Yemi Kale, Afreximbank’s Group Chief Economist & MD, Research ALGIERS SEPTEMBER 6, 2025 – African economies have been challenged to be intentional about research investment with a view to accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty to power the continent’s industrial transformation. Speaking during the official launch of the