News articles

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

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

Afreximbank signs agreement to provide Cameroon with EUR 200-million facility to support National Development Strategy implementation

H.E. Louis Paul Motaze, Minister of Finance, of the Republic of Cameroon (middle), flanked by Dr. George Elombi, Exec. VP, GLCS, Afreximbank (left), and Mr. Paul Tasong Njukang, Minister Delegate to the Minister of the Economy, in charge of Planning (right) Yaoundé, 25 January 2024: – The African Export-Import Bank (Afreximbank) today in Yaoundé signed a EUR200

Afreximbank announces sad passing of erstwhile FCI (Africa Chapter) Executive member – Mr Gamal Moharam

Cairo, 23 January 2024: – African Export-Import Bank (Afreximbank) regrets to announce the recent passing of Mr. Gamal “Jimmy” Moharam after a protracted illness.  Until his demise, Mr. Moharam was the former Chairman of the Egyptian Factoring Association, former Chairman & Managing Director of Cairo Factors (June 2013 – April 2022), leading executive member of the FCI

Afreximbank announces an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited.

This landmark financing is the largest syndicated loan ever raised by Nigeria in the International market and one of the largest syndicated debts raised in Africa in recent yearsThe Facility will enhance Nigeria’s macroeconomic stability and long-term economic growthRaising such a significant amount at year end when many financiers are closing their books represented a