News articles

Kigali, 17 September 2024: The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), is pleased to announce a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship. This investment aligns with Afreximbank’s Creative Africa Nexus (CANEX) strategy,

The Cloth, one of the African fashion brands who exhibited at the Tranoï, Tokyo show Tokyo, 11 Sept. 2024: – The vibrant spirit of African fashion took centre stage at the inaugural Tranoï Tokyo trade show on September 4-5, where 10 exceptional fashion brands from across Africa and the diaspora showcased their designs as part

The Africa Center Policy-focused initiative to bridge information, opportunity, and investment gaps within the African Diaspora leading towards a more prosperous African future under the platform of Global Africa New York, NY 06th Sept. 2024 — The Africa Center and African Export-Import Bank (Afreximbank) have announced the upcoming launch of the Afreximbank Africa Diaspora Center (AADC),

Representatives of the Algerian government, Afreximbank, AfCFTA and AUC sign the Hosting Agreement for the Intra-African Trade Fair 2025 (IATF2025) on April 15, 2024 in Algiers, Algeria IATF2025 will build on past successful editions in promoting trade and investment across Africa Algiers, September 5, 2024 – Over 35,000 visitors from more than 140 countries across

Mr. Okechukwu Ihejirika, Afreximbank’s Regional Chief Operating Officer, Caribbean Office and His Excellency Dr. The Honourable Ralph Gonsalves, Prime Minister of Saint Vincent and the Grenadines Cairo, 04 Sept. 2024: – African Export-Import Bank (Afreximbank) has responded to the devastation caused by Hurricane Beryl, donating over half a million US dollars to aid disaster relief

Cairo, 23 Aug. 2024: – African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 per cent participating interest held by Nigerian Agip Oil Company Limited (NAOC) in the

Dr. Younoussa Imani, Governor of the Central Bank of Comoros (middle) and Mr. John Bosco Sebabi, Deputy Managing Director of PAPSS (to his right) chaired a workshop between PAPSS and stakeholders in the Comoros financial ecosystem – Wednesday, August 21, 2024 at the BCC headquarters in Moroni. Moroni, August 23, 2024 – The Central Bank

FORWARD-LOOKING STATEMENTS African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and 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 members of the investment community. Statements regarding

The Marley family, Scorpion Kings, Sofiya Nzau, Flavour, and Olodum unite on Groundbreaking EP “One Drum”This initiative is under the auspices of CANEX Creations Incorporated which seeks to support the commercialization of IP assets Cairo, Egypt: 16 August 2024: – African Export – Import Bank (Afreximbank) through its Creative Africa Nexus (CANEX) Programme is thrilled to

Mr. Adebisi Abidemi Adebutu, Group President of R28 Holdings and Mrs. Kanayo Awani, Executive Vice President Intra Africa Trade and Export Development, Afreximbank Cairo, Egypt… 15 August 2024: –African Export-Import Bank (Afreximbank) has signed a project preparation facility agreement with Veenocks Limited for the financing of the development of Veenocks’ porcelain tile manufacturing plant located

Executive Vice President, Intra-African Trade and Export Development Bank at Afreximbank, Mrs. Kanayo Awani Cairo, Egypt… 12 August 2024: – African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities.

Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank Abuja, 09 August 2024: – African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and

L-R Dr. Thomas Utete Wushe, Permanent Secretary Ministry of Industry and Commerce, Mr. Cosmas Mukoyi Acting Director General Standard Association of Zimbabwe, Mr. Denys Denya Senior Executive Vice President at Afreximbank, and Ms. Oluranti Doherty Managing Director Export Development at Afreximbank Harare, 08 August 2024: – Senior Executive Vice President Denys Denya on 29 July

CANEX WKND 2023 (L-R): Tade Ipadeola (Poet and Writer, Event Anchor), Anwuli Ojogwu (Managing Director, Narrative Landscape Press), Dr Eghosa Imasuen (Co-Founder, Narrative Landscape Press), Professor Benedict Oramah (Afreximbank President), Mrs Kanayo Awani (Executive Vice-President, Intra-African Trade & Export Development at Afreximbank), Chimamanda Ngozi Adichie (Novelist and Creative Director of the James and Grace Adichie

L-R:  Mr. Agostinho Kapaia, Chairman of Opaia Group and Mr. Humphrey Nwugo, Regional Chief Operating Officer, Afreximbank Southern African region during the event Luanda, Angola, 02 August, 2024: African Export-Import Bank (Afreximbank or “The Bank”) and Amufert SA announced that they have signed terms for a USD 1.4 Billion facility to support the establishment of

Cairo, 02 August 2024:– African Export-Import Bank’s (Afreximbank) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has been awarded the ISO/IEC 17025:2017 accreditation by the South African National Accreditation System (SANAS), one of the key accreditation bodies in Africa responsible for carrying out conformity assessments as

Accra, Ghana 01 August 2024, The Alliance of African Multilateral Financial Institutions (AAMFI) held the third meeting of its Governing Council on the margins of the African Union Mid-Year Coordination Meeting, held in Accra, Ghana, during which it welcomed the endorsement of the Alliance by the African Union (AU) Ministers of Finance and Central Bank

The Commissioner for Trade and Industry of the African Union Commission H.E. Albert M. Muchanga (third from left), together with AAMFI Principals & Principal Representatives at the Press Conference prior to the 3rd Governing Council in Accra, Ghana on 20 July Accra, Ghana, 01 August 2024 The Alliance of African Multilateral Financial Institutions (AAMFI), held

Cairo, Egypt, 31 July 2024 – To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank (Afreximbank), in partnership with the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), is hosting a high-profile Compliance Forum in Dakar, Senegal, from 4 to 6 September 2024. The Forum

Some of the Joint Project Preparation Facility facilitators and attendees pose for a photo during the workshop Maseru, Lesotho… 30 July 2024: – African Export-Import Bank (Afreximbank) and the Lesotho National Development Corporation (LNDC) co-hosted a Joint Project Preparation Facility (JPPF) workshop in Maseru, Lesotho, to help address investment gaps in project preparation and to