Barbados, 14 March 2024: – The African Export-Import Bank (Afreximbank) is delighted to announce that it has successfully executed its first facility disbursement from its recently-established Caribbean Office in Bridgetown, Barbados. The disbursement is a US $6 million Education Rehabilitation Climate-linked Sovereign Term Loan Facility to the government of St. Lucia through its Ministry of
News articles
Afreximbank’s Kanayo Awani receives African Diaspora Advisory Board Global Award
Mrs. Kanayo Awani, Executive VP, Intra-African Trade Bank, Afreximbank, displaying the African Diaspora Advisory Board Global Woman Award Cairo 14 March 2024: – Kanayo Awani, Executive Vice President, Intra-African Trade Bank at the Africa Export-Import Bank (Afreximbank), has received the African Diaspora Advisory Board (ADAB) Global Woman Award in Washington, D.C., for her work in
Afreximbank Extends Grant to Grand Africa Initiative to Empower African Youth Entrepreneurs
March 12, 2024 – African Export-Import Bank (Afreximbank) is pleased to announce its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at facilitating the training of 300 young African entrepreneurs. The training program will focus on entrepreneurship and intra-African trade and is set to commence in March 2024. The GAIN-Afreximbank Masterclass
EXPRESSION OF INTEREST - LABOUR BROKERAGE (OUTSOURCING) SERVICES HARARE, ZIMBABWE
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,
EXPRESSION OF INTEREST - LABOUR BROKERAGE (OUTSOURCING) SERVICES ABUJA, NIGERIA
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 MOURNS THE SAD PASSING OF DR. HERBERT WIGWE
Cairo, March 7, 2024: African Export-Import Bank (Afreximbank or “the Bank”) joins the world today to mourn the untimely passing of its longstanding partner, client and friend, Dr. Herbert Wigwe, the Group managing director and CEO of Access Holdings Plc, one of Africa’s top banking institutions, which sad event took place on February 9, 2024
Afreximbank tops the loan market rankings in Bloomberg’s 2023 Capital Markets league tables for Sub-Saharan Africa
Cairo, 4 March 2024: – African Export-Import Bank (Afreximbank) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets. Afreximbank is ranked as number one Mandated Lead Arranger, Bookrunner, and Administrative Agent for Sub-Saharan Africa Borrower Loans. These rankings recognize the Bank’s leadership role in facilitating
2024 COTFIA
Cairo, Egypt, 23 February 2024 – The Africa-Trade Knowledge hub, The Afreximbank Academy (AFRACAD), owned and administered by the Africa Export-Import Bank (Afreximbank) Group, announces the opening of registration for the 2024 cohort of the Certificate of Trade Finance in Africa (COTFIA). AFRACAD offers this programme in partnership with Factors Chain International (FCI) and the American
The Arab Republic of Egypt Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)
Kigali, 29 February 2024: The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) dedicated to fostering development impact, is pleased to announce the Arab Republic of Egypt’s accession to its Establishment Agreement. With Egypt’s longstanding position as a founding shareholder and the host country of Afreximbank’s headquarters, this recent development
GEOMETRIC POWER COMMISSIONS THE AFREXIMBANK-BACKED 141MW ABA INTEGRATED POWER PROJECT
Abia – Nigeria, February 28, 2024: The 141 MW Aba Integrated Power Project (Aba IPP), an Afreximbank-financed project, was officially commissioned in Abia State by the Vice President of the Federal Republic of Nigeria, H.E Kashim Shettima. A first of its kind in Nigeria, the Aba IPP is a pioneering initiative capable of generating and distributing
President Oramah delivers 8th Goddy Jidenma biennial lecture
Lagos, Nigeria, 26 February 2024: – How Africa and the rest of the developing world manoeuvre the emerging challenges presented by the unprecedented de-globalisation of the world could potentially make or mar their economic progress in the years ahead, Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), said on
Afreximbank President Oramah holds audience with President Bola Tinubu of Nigeria to discuss African healthcare in light of collaboration on pioneering AMCE project
Abuja, 23 February 2024: – Afreximbank’s President and Chairman of the Board of Directors, Professor Benedict Oramah, was invited to an audience at Abuja’s State House with Nigeria’s President, His Excellency Bola Tinubu. The meeting centered on the Bank’s initiatives and financing support to the country and specifically focused on the progress and potential impact on the 500
Afreximbank-Supported Miner Wins Sustainability Award
Mrs. Helen Brume (middle), Director, Project and Asset Based Finance, Afreximbank, Mr. Manas Agarwal (her left), and Mr. Nene Addo, Manager, Project and Asset Based Finance, Afreximbank, displaying the award. Boke, Kamsar, Guinea, 22 February 2024: – Guinea-based Dynamic Mining SAS has won the Mining Indaba Sustainability Award for its US$90-million Senior Debt facility financed by the
The African Medical Centre of Excellence (AMCE) Wraps Up Successful African Health Forum 2024 in Abuja
Thursday, 22 February 2024; Abuja, Nigeria: The African Medical Centre of Excellence, Abuja (AMCE Abuja), a quaternary-level multi-speciality medical institution developed by the African Export-Import Bank (Afreximbank) and King’s College Hospital, London, concluded its highly anticipated African Health Forum 2024 today in Abuja, Nigeria, marking a significant milestone in advancing healthcare collaboration and innovation across the continent.
African Multilateral Financial Institutions forge historic strategic alliance to serve as catalyst for Sustainable Economic Development and financial self-reliance in Africa
H.E. Nana Akufo-Addo (forth-left), President of the Republic of Ghana, flanked by Prof. B. Oramah President and Chairman, Afreximbank (his left); Ms. H. Murera, Managing Director Zep Re; Mr. J. M. Ndawula, Associate VP, AFC, representing Mr. S. Zubairu President and CEO, AFC; Mr. T. H. Hann, CEO and Managing Director, Shelter Afrique; Dr. C. Karekezi, Group Managing Director and
PAPSS Expands into North Africa as Banque Centrale de Tunisie Becomes Thirteenth Member
From left to right: Mr. Mike Ogbalu, CEO of PAPSS – Dr. George Elombi, Executive Vice President, Afreximbank – H.E. Mr Marouane EL ABASSI, Governor, Banque Centrale – Mrs. Kalthoum Ben Rejeb, Minister of Trade & Export Development Cairo, Tuesday 12 February 2023 – The Pan African Payment and Settlement System (PAPSS) is proud to announce the
Afreximbank, IFC, and White & Case, Partner to Co-host Africa Energy Transition Seminar in Cairo, Egypt
Cairo, 1 February 2024: – As Africa continues to position itself to reap the full benefits of the drive for energy transition, the African Export-Import Bank (Afreximbank), IFC, and the legal firm White & Case partnered to host a one-day seminar to discuss “Energy Transition and Infrastructure in Africa”. The seminar attracted about 150 participants drawn
Equatorial Guinea and Ghana Accede to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)
Kigali, 30 January 2024: The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of the African Export-Import Bank (Afreximbank), has announced that the Republic of Equatorial Guinea and the Republic of Ghana have recently signed the FEDA Establishment Agreement. This important milestone is the result of several months of cooperation between Afreximbank, FEDA and
Afreximbank Acts as Joint Global Coordinator on BADEA‘s Inaugural EUR 500M Social Bond
Cairo, 30 January 2024 – The African Export-Import Bank (Afreximbank), is pleased to announce that it has successfully acted as Joint Global Coordinator on the inaugural EUR 500M RegS-only senior unsecured social bond issuance by the Arab Bank for Economic Development in Africa (BADEA) under its newly-established Euro Medium Term Note (EMTN) program listed on the
Prof. Benedict Oramah recognised with the Financial Leadership Award
Accra: January 29, 2024: African Prosperity Network (APN) awarded Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export and Import Bank (Afreximbank or “the Bank”) with the Financial Leadership Award at their African Prosperity Dialogue gala dinner held on January 26, 2024. The Leadership Awards is an initiative of the