News articles

IATF 2021 Ends with Commitment to Strengthen the AfCFTA

[caption id="attachment_24479" align="aligncenter" width="1024"] H.E Chief Olusegun Obasanjo, Chairman of the IATF 2021 Advisory Council and former President of the Federal Republic of Nigeria[/caption] Durban, 23 November 2021 – The second Intra-African Trade Fair (IATF 2021) has ended on Sunday in Durban, KwaZulu-Natal, South Africa, with a collective commitment to ensure that the economic stimulation

Curtain comes down at IATF 2021 in Durban - Deals worth US$36 billion recorded so far

[caption id="attachment_24443" align="aligncenter" width="1024"] Mrs. Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative[/caption]   Durban, 22 November 2021 – Deals worth $36 billion were recorded as of 21 November 2021 at the second Intra Africa Trade Fair (IATF 2021). IATF 2021 took place from 15 to 21 November in Durban, KwaZulu-Natal, South Africa. Presenting

The Creative Africa Nexus (CANEX) Summit kicks off on Day 5 of IATF 2021

[caption id="attachment_24433" align="aligncenter" width="1024"] Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa.[/caption] Durban, 20 November 2021 – The Creative Africa Nexus (CANEX), a programme put in place by the African Export-Import Bank (Afreximbank) to support Africa’s

Afreximbank positions creative industry as a major tool for Africa’s GDP growth

Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa. Launch of Creative Africa Nexus (CANEX) Sets Durban Ablaze! Durban, 20 November 2021 – Africa’s creative industry represents a potent instrument that could grow the GDP of African

IATF2021 Conference Makes Way for CANEX

Durban, 19 November 2021 – The IATF2021 Conference segment of the second Intra-African Trade Fair (IATF2021), ended on 18 November 2021 in Durban, South Africa, with African Export-Import Bank hailing the contribution of the trade fair to addressing the challenge of African businesses transacting business with counterparts within the continent. In a closing statement, Amr

AFREXIMBANK COMMITS US$250 MILLION SEED CAPITAL FOR SUB SOVEREIGN GOVERNMENTS

Durban, 19 November 2021 – African Export Import Bank (Afreximbank) has committed US$250 million as seed capital towards the establishment of an African Sub Sovereign Governments Network. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank made the announcement yesterday during an inaugural conference of the Sub Sovereign Governments at the

Zimbabwean Companies Sign Deals worth over $188 Million With Afreximbank at IATF2021

Durban, 19 November 2021 – African Export-Import Bank (Afreximbank) has signed financing agreements with four Zimbabwean entities for a total of US$188,600,000. The deals, concluded during the second Intra-African Trade Fair (IATF2021) currently taking place in Durban, were agreed on Tuesday and Wednesday. The trade fair opened on 15 November in Durban and runs until

Silverbird Group and AAA Entertainment Sign $50 Million Deal at IATF

Silverbird Group and AAA Entertainment are entering into a partnership to develop and produce a slate of cinematic African feature films on the continent. AAA Entertainment will bring to the partnership an experienced film development, financing and production team, facilities and partnership network, while Silverbird Group brings its cinema exhibition and distribution infrastructure and experience

President Obasanjo Advocates for Made-In-Africa Brand to Instill Pride in African products

[caption id="attachment_24331" align="aligncenter" width="1378"] Chief Olusegun Obasanjo, Former President of the Federal Republic of Nigeria, Chairman of the Advisory Council of IATF[/caption] Durban, 18 November 2021 – The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an emblematic Made-in-Africa

Afreximbank signs US$1.04 Billion deal with NNPC at IATF2021

[caption id="attachment_24311" align="aligncenter" width="956"] Mr. Umor Ajia, NNPC Executive Director and Group Chief Executive Officer (left) and Mr. Amr Kamel, Executive Vice President, Business Development & Corporate Banking, Afreximbank (Right)[/caption]   Durban, 17 November 2021 – African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance

IATF 2021 Conference: MFIs Commit to Support SMEs in Africa

Small and medium size businesses are the “bedrock of African economies,” agreed representatives from multilateral financial institutions, pledging their commitment to developing the continent’s SMEs. The leading financiers were speaking at a panel discussion on their collaborative role in economic growth during the Intra African Trade Fair 2021 (IATF 2021) taking place in Durban, KwaZulu

IATF 2021 Conference: Innovation for start ups

Innovation is the cog that drives the wheel of productivity, creation of value and distribution of wealth, experts said in Durban at the second Intra-African Trade Fair (IATF 2021), which opened on 15 November and runs until 21 November. Experts say it is also one of the most essential parts for sustained growth and spot

IT’S COTE d’IVOIRE FOR IATF2023

Durban, 16 November 2021 – Cote d’Ivoire has been announced as the host for the third edition of the Intra-African Trade Fair in 2023. Former President Olusegun Obasanjo, Chairman of the IATF Advisory Council while announcing the success of the West African Country’s bid, thanked His Excellency President Alassane Ouattara of Cote d’Ivoire for putting

African Heads of State Converge in Durban for Intra-African Trade Fair 2021 Opening Ceremony

  Durban, 16 November 2021: The Intra-African Trade Fair (IATF2021) kicked off with spectacular fanfare on 15th November. Under the theme “Building Bridges for a successful AfCFTA”, the fair attracted thousands of visitors at the Durban International Convention Centre on its Opening Day. In a formidable demonstration of pan-African leadership support for the Intra- African

Afreximbank successfully completes its Joint Lead Manager and Bookrunner role for Fidelity Bank Plc’s USD 400 million 5-Year Senior Eurobond

Cairo, 15 November 2021: African Export-Import Bank (Afreximbank) through its Advisory & Capital Markets (ACMA) investment banking arm acted as a Joint Lead Manager (JLM) and Bookrunner to place and close Fidelity Bank Plc’s USD 400 million 5-Year 144A/Reg S Senior Unsecured Eurobond on 21st October 2021. The transaction settled on 28th October 2021 and

Under the Arab Africa Trade Bridges (AATB) Program, ITFC, Afreximbank, BADEA and ARSO to Organize a High-level Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa on the 17th November 2021.

  The hybrid roundtable is aimed at discussing and providing update on the Harmonization project and will come off on the sidelines of the Intra-African Trade Fair (IATF) taking place in Durban, South Africa from the 15th to the 21st of November 2021. Jeddah – 11th November 2021: The African Export-Import Bank (Afreximbank), and the