News articles

Afreximbank Signs to Launch 300-Billion Naira Medium-Term Note Programme in Nigeria

[caption id="attachment_21127" align="aligncenter" width="655"] Afreximbank President Prof. Benedict Oramah (left) passes signed document to Bank Treasurer Chandi Mwenebungu as Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC, signs during the ceremony in Lagos.[/caption] Lagos, Nigeria, 27 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Lagos, Nigeria, signed documents to complete the registration

Shareholders Invest Half a Billion Dollars in New Equity in Afreximbank

Cairo, 23 Jan. 2020: – The African Export-Import Bank (Afreximbank or the Bank) announces that existing shareholders, including the Federal Republic of Nigeria and the Arab Bank for Economic Development in Africa, have invested $200 million through Class A, B and C shares and $300 million in callable capital, bringing the total value of new

Afreximbank Signs Term Sheet for $190 Million Facility to Made in Africa Inc.

Kigali, 17 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Kigali signed a term sheet with Made In Africa Inc. (MIA) to provide the company with a $190-million facility to finance the acquisition of a company involved in designing, producing and distributing African fashion fabrics. The facility, broken into two tranches, will also

Afreximbank Announces $500-Million Creative Industry Support Fund as CAX WKND Opens

Kigali, 17 Jan. 2020: – The Creative Africa Exchange Weekend (CAX WKND), Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry, kicked off in Kigali today with Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) announcing a $500-million envelope to support the production and trade of African cultural

Nigeria’s Imo State Allocates Land to Afreximbank for Quality Assurance Centre

Owerri, 09 Jan. 2020: – The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State of Nigeria for the development of an internationally accredited quality assurance centre in the state. Afreximbank is supporting the establishment of such internationally accredited

Over 2,000 Participants From 68 Countries Expected at CAX Weekend in Kigali

Cairo, 03 Jan. 2020: – More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) Weekend which opens in Kigali on 16 January in what the organisers are describing as Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry. Organised by Times Multimedia (TMM) and

Afreximbank Tops Bloomberg 2019 Book Running League Table

Cairo, 03 Jan. 2020: – The African Export-Import Bank (Afreximbank) has emerge on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ