News articles

Algeria Trade Investment Forum

Algiers, 16 July 2024: – Within the framework of promoting Intra-African Investment, African Export-Import Bank (Afreximbank) in collaboration with The Algerian Investment Promotion Agency (AAPI), successfully hosted Algeria Investment Forum, “Focus Algeria” in Algiers from June 25 to 26, 2024. The forum aimed at promoting investment opportunities in Algeria for African operators and brought together

Afreximbank reconstitutes its Creative Africa Advisory Group ahead of CANEX Weekend

CAAG members with Afreximbank staff during the first meeting of the reconstituted Advisory Group on 9 July 2024 in Cairo, Egypt Egypt, Cairo, 09 July 2024 – Ahead of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, African Export-Import Bank (Afreximbank) has announced the reconstitution of the Creative Africa Advisory Group

Afreximbank Academy to host training programme to assist African Corporates to benefit from the AfCFTA

Cairo, 10 July 2024: –African Export-Import Bank (“Afreximbank”) is pleased to announce the launch of an innovative capacity development program designed to empower African corporates to capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, aims to equip

CANEX SHORTS: Afreximbank announces Short Film Competition & Screenings

Cairo, 9 July, 2024… African Export Import Bank (Afreximbank), through its Creative Africa Nexus (CANEX) programme is excited to announce the second edition of the vibrant short film competition and screening initiative, CANEX Shorts. CANEX Shorts is a competition designed to recognize and celebrate the talents of young filmmakers. Winners will receive acknowledgment for their

African Syndications Forum promotes market dialogue by UK Based Africa-focused lenders

London, 08 July 2024: – The latest edition of the Afreximbank African Syndications Forum (ASF), was held in London on 2nd July 2024. The event was hosted by Zenith Bank UK with support from the series ‘initiator and administrator,’ African Export-Import Bank (Afreximbank). The July ASF provided participants with a valuable networking platform to discuss

Afreximbank and FARA Announce Inaugural AFRICA Awards Winners at the 31st Afreximbank Annual Meetings (AAM2024) and the 3rd AfriCaribbean Trade and Investment Forum (ACTIF2024)

FARA Awards ceremony cheque presentation. Nassau, The Bahamas, 08 July 2024… African Export-Import Bank (Afreximbank) and the Forum for Agricultural Research in Africa (FARA) are pleased to announce winners of the inaugural Afreximbank-FARA Research, Innovation and Competence in Agriculture (AFRICA) Awards. These prestigious awards honour individuals, groups, or established organisations that have made outstanding contributions

Afreximbank and BSMART Technology Ltd expand the Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) to cover container deposits and customs bonds in East Africa.

Dr. Stephen Teang, Managing Director for BSMART Technology Ltd. exchanges the signed facility agreement file with Mrs. Kanayo Awani, Executive Vice President, Afreximbank. Looking on is the Bank’s Manager Client Relations East Africa, Ms. Farida Kasujja and Senior Manager, Legal, Joseph Ifebunandu. Nassau, The Bahamas, 05 July 2024: –African Export-Import Bank (Afreximbank) has signed a

Annual Africa-Caribbean trade could reach US$1.8 billion by 2028: ITC-Afreximbank research

Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank stresses a point as International Trade Centre  (ITC) Executive Director, Pamela Coke-Hamilton (right) listens. The two leaders spoke in Nassau, the Bahamas as part of the release of preliminary findings of the ITC-Afreximbank ‘Strengthening AfriCaribbean Trade and Investment’ project. (Nassau/Geneva)… 04 July 2024:

Afreximbank announces Board changes and increase in authorized capital

Cairo, Egypt 03 July 2024: – African Export-Import Bank (“Afreximbank” or the “Bank”) is pleased to announce the following Board changes which took place at the Bank’s 31st Annual General Meeting held recently in Nassau, The Bahamas, Board Changes Class “A” Mrs. Lydia Shehu Jafiya was elected to replace Mr. Aliyu Ahmed. Mrs. Jafiya is

Afreximbank Invests in Project to Rejuvenate AfriCaribbean Trade and Cultural Ties

Mr. Reginald Saunders, Acting Permanent Secretary, Ministry for Grand Bahama (seated, left) and Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development Bank, Afreximbank (seated, right) sign the agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean

Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa

Prof. Benedict Oramah,  President and Chairman of Board of Directors of Afreximbank with H.E. Dr. Ngozi Okonjo-Iweala, Director General of the WTO Secretariat Cairo, June 28, 2024: Today, African Export-Import Bank (Afreximbank or “the Bank”) signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify the impact of their strategically aligned joint

Afreximbank signs collaboration MoU with Caribbean Export Development Agency

Ms. Oluranti Doherty, Director of Export Development at Afreximbank (right), and Mr. Leo Naut, Deputy Executive Director and Officer-in-Charge at CEDA (third from left), proudly showcase the signed collaboration MoU following the signing ceremony. Nassau, The Bahamas, 28 June 2024: – African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the

Afreximbank, FEDA, and JVL Media Sign Memorandum of Intent to Support African Film Industry

L-R: Mrs. Kanayo Awani, Executive Vice-President of Intra-African Trade and Export Development, Afreximbank, Ms. Viola Davis, an EGOT (Emmy, Grammy, Oscar, Tony) winning actress and co-founder of JVL Media and Ms. Marlene Ngoyi, Chief Executive Officer of the Fund for Export Development of Africa (FEDA) Nassau, The Bahamas, 27 June 2024: –African Export-Import Bank (Afreximbank),

FDH Bank Malawi bags US$15-million Afreximbank loan facility

Mr. Haytham El Maayergi, Executive Vice President of Global Trade Bank with Mr. George Chitera, the Deputy Managing Director for FDH Bank Plc Nassau, The Bahamas, 27 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing

Afreximbank signs two deals totaling US$80 million for Zimbabwe’s CBZ Bank

Haytham El Maayergi, Executive Vice President, Global Trade Bank, Afreximbank  (left) and Mrs. Smangele Mandidi, Acting Managing Director of CBZ Bank during the signing ceremony Nassau, The Bahamas, 25 June 2024: – In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60 million line of credit