News articles

Afreximbank President Visits Bank of Uganda

A delegation from the African Export-Import Bank (Afreximbank), led by the President, Prof. Benedict Oramah, visited the Bank of Uganda in Kampala today to pay a courtesy call on the Governor, Prof. Emmanuel Tumusiime-Mutebile, and to brief him about the Bank’s support to the Ugandan economy. Speaking during the visit, Prof. Oramah told the Governor

Afreximbank President Visits Uganda Finance Minister

The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, today in Kampala met with Matia Kasaija, Minister of Finance Planning and Economic Development of Uganda, for a courtesy call and to brief the minister about the Bank’s support to Uganda’s economic development. Speaking during the visit, Prof. Oramah told the minister that Afreximbank

Afreximbank Holds Mid-Term Review of Strategic Plan in Kampala

The African Export-Import Bank (Afreximbank) today in Kampala began a three-day retreat for the mid-term review of its Fifth Strategic Plan dubbed IMPACT 2021: Africa Transformed. Afreximbank operates on five-year strategic plans. The current strategic plan, which is the Bank’s fifth, covers the period 2017 to 2021. Participating in the mid-term retreat are staff and

Afreximbank Trains Board Members on IFRS 9 Financial Instruments

The African Export-Import Bank (Afreximbank) today in Kampala held a training session on the IFRS 9 Financial Instruments for the members of its Board of Directors in an effort to quip them to perform their roles more effectively. The training, delivered on the sidelines of the ongoing quarterly meetings of the Board, takes into account

Cairo, 16 Sept. 2019: – The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019. The seminar and workshop series, formerly known as the Structured Trade Finance Seminar and Workshop, is

Kwazulu-Natal Delegation visits Afreximbank

A delegation from South Africa’s Kwazulu-Natal (KZN) province led by Premier Sihle Zikalala has visited the headquarters of the African Export-Import Bank (Afreximbank) for meetings to explore opportunities for collaboration between the Province and the Bank. Receiving the delegation in Cairo on 4 September, Afreximbank President Prof. Benedict Oramah said that the Bank looked forward

Afreximbank Announces $500-Million Facility for Nigerian Manufacturers

Lagos, 04 Sept. 2019: – The African Export-Import Bank (Afreximbank) will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers to take advantage of the opportunities offered by the African Continental Free Trade Area (AFCFTA) agreement, Bank President Prof. Benedict Oramah, has announced in Lagos. Prof. Oramah, who was

Afreximbank Wins Africa Investor 2019 Bank Arranger of the Year Award

The African Export-Import Bank (Afreximbank) has won the Africa Investor (Ai) 2019 Bank Arranger of the Year award. The award was presented in Cape Town, South Africa, on 3 September during the 2019 Ai Infrastructure Investment Awards ceremony at the Ai African Sovereign Wealth and Pension Fund Leaders’ Summit. On hand to receive the award

“MUFG signs Memorandum of Understanding with African Export-Import Bank”

29 August 2019 – MUFG Bank today in Yokohama City, Japan, announced the signing of a Memorandum of Understanding (MOU) with the African Export-Import Bank (Afreximbank) to provide a broad framework for collaboration between the two organizations. Signed on Tuesday at the seventh TICAD event in Japan, the MOU will further strengthen the relationship between

African Union’s Infrastructure and Energy Commissioner Visits Afreximbank

[caption id="attachment_20270" align="aligncenter" width="819"] Dr. George Elombi, Afreximbank’s Executive Vice President for Governance, Legal and Corporate Services, (left), in handshake with Dr. Amani Abou-Zeid, AU Commissioner for Infrastructure and Energy, during her visit to the Afreximbank headquarters in Cairo.[/caption] Dr. Amani Abou–Zeid, the African Union (AU) Commissioner for Infrastructure and Energy, visited the Cairo headquarters of

Many African Investment Opportunities are Yet to Be Exploited, Says Afreximbank Rep.

[caption id="attachment_20265" align="aligncenter" width="869"]                                      Ibrahim Sagna, Director, Advisory and Capital Markets, Afreximbank.[/caption]   Cairo, 5 August 2019: – Africa offers many investment opportunities that are yet to be exploited, Ibrahim Sagna, Director of the Advisory and Capital

MANSA Team Trains Representatives of Central Banks and Financial Institutions

[caption id="attachment_20242" align="aligncenter" width="612"]        Participants in the MANSA training session held in Cairo in June pose for a group photo[/caption]   The team in charge of the MANSA Repository Platform has concluded a new round of training sessions for African central banks and financial institutions as part of a programme to equip

Afreximbank Appoints Idrissa Diop Compliance Director

[caption id="attachment_20151" align="aligncenter" width="325"] Idrissa Diop, Director, Compliance Department, Afreximbank[/caption] Cairo, 18 July 2019: – The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr. Diop, who, until his appointment, was Ecobank’s Group Head of Compliance, replaces Maureen Mba, who retired from Afreximbank in

Over $40 billion in Trade Deals, Participants From 55 Countries Expected at IATF2020, Says Afreximbank President

[caption id="attachment_20096" align="aligncenter" width="558"] Clockwise: Afreximbank President Prof. Benedict Oramah, AU Trade Commissioner Amb. Albert Muchanga, and Rwanda Trade Minister Soraya Hakuziyaremye addressing guests at the launch of IATF2020 in Niamey.[/caption]   Niamey, 09 July 2019: – The organisers of the Second Intra-African Trade Fair (IATF2020) expect it to surpass the achievements of the inaugural

IATF2020 Advisory Council Holds Third Meeting

[caption id="attachment_20128" align="aligncenter" width="803"] Members of the IATF2020 Advisory Council at the meeting in Niamey[/caption] The Advisory Council of the second Intra-African Trade Fair (IATF2020) has held its third meeting in preparation for the trade fair scheduled to be take place in Kigali from 1 to 7 September 2020. The meeting, presided over by Chief