News articles

Horizons Clinic (Gambia) Limited Secures US$16.8 Million Construction and Medical Tourism Relay Facility (“CONMED”) from Afreximbank

Cairo, 30 May 2024: – African Export-Import Bank (“Afreximbank”) has availed Horizons Clinic (Gambia) Limited a tailored US$16.8 million (Sixteen million, Eight Hundred Thousand United States Dollars) Construction and Medical Tourism Relay Facility (“CONMED”). The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the healthcare

Five Presidents and four Prime Ministers from African and CARICOM countries to headline the AfriCaribbean Trade and Investment Forum and Afreximbank’s 2024 Annual Meetings in Nassau, The Bahamas

Cairo, Nassau, 29 May 2024: – Ghanaian President H.E. Nana Addo Dankwa Akufo-Addo, Prime Minister of The Bahamas H.E. Hon. Philip Davis, Prime Minister of Barbados Hon. Mia Mottley, and Guyana President H.E. Mohamed Irfaan Ali, will be among the leading top headliners at the 31stAnnual Meetings (AAM) of the African Export-Import Bank (Afreximbank) and

Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, FEDA

Kigali, 24 May 2024 -The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank). With Benin’s accession to the FEDA Establishment Agreement, the total number of participating African countries has risen to 17, following Nigeria’s

AFREXIMBANK ANNOUNCES LAUNCH OF CANEX PRIZE FOR PUBLISHING IN AFRICA

21 May 2024 – Afreximbank has officially announced the launch of the CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited. The CANEX Book Factory, a key intervention under the CANEX programme, aims to promote a vibrant literary culture across Global Africa and encourage the

Afreximbank and MobiHealth Sign Project Preparation Facility to Drive Digital Healthcare Solutions Across Africa

Cairo, 21 May 2024: – The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt, Ghana, Kenya and Cote d’ Ivoire. Under the terms of

Afreximbank delivers strong first quarter 2024 results, surpassing prior year’s performance and in line with expectations

FORWARD-LOOKING STATEMENTS The Afreximbank Group (the “Bank” or “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.

Spiro Agrees to US$50 Million Debt Facility with Afreximbank to Accelerate Expansion

 17 May 2024… Kigali, Rwanda — Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for US$50 million debt facility with the African Export-Import Bank (Afreximbank).  This landmark agreement was signed in Kigali, Rwanda during the Africa CEO Forum, highlighting Spiro’s commitment to enhancing sustainable transportation

Leaders of African Multilateral and Private Sector Institutions pay a courtesy visit on President Mohamed Ould Cheikh Al-Ghazouani of The Islamic Republic of Mauritania and Chairperson of the African Union

Leaders of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) when they visited His Excellency, Mohamed Ould Cheikh Al-Ghazouani (5th from left), the President of the Islamic Republic of Mauritania, and Chairperson of the African Union Nouakchott: 17 May 2024: Today, a group of African multilateral institutions including members

Afreximbank Deepens Collaboration with the International Islamic Trade Finance Corporation and the Islamic Corporation for Development of Private Sector to Advance Africa Economic Cooperation

President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah (left) with Chief Executive Officer, International Islamic Trade Finance Corporation (ITFC) & Acting Chief Executive Officer of Islamic Corporation for Development of the Private Sector (ICD), Eng. Hani Salem Sonbol (right). Cairo, May 16, 2024: On the sidelines of the recently concluded

PAPSS Hosts its Inaugural Bank CEO Consultative Forum

Cairo, Monday 13, May 2024 – Promoters of the Pan-African Payment & Settlement System (PAPSS), namely African Export-Import Bank (Afreximbank or “the Bank”), African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, successfully organized the first Consultative Forum of CEOs of African Banks bringing together executives of African commercial banks, bankers’ associations,

Afreximbank’s MANSA Engages its Stakeholders in Nigeria

Cairo, 1 May 2024: – In line with its drive to create greater awareness of the MANSA Digital platform and promote its adoption, the MANSA Digital Initiative team recently participated in a stakeholder engagement forum to discuss access to finance and cheaper funding for small and medium-sized enterprises (SMEs) in Nigeria. Co-organized by the Manufacturers

Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts over 200 participants

Harare, Zimbabwe, 26 April 2024: – In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), thus bolstering their participation in intra-regional trade and industrialisation, the African Export-Import Bank (Afreximbank) and FCI recently held a two-day factoring conference in Harare. Centred on the overarching theme of

Afreximbank dominates Bonds, Loans & ESG Capital Markets Awards 2024

Afreximbank team L-R: Jaderio Fonseca, Babajide Harrison, Constantin Von Moltke, Youssef Beshay, Gwen Mwaba, ), Celine Stino, Sarah Attawia, Chandi Mwenebungu, Brian Onynio, Christina Zakher Cairo, 23 April 2024: – The African Export-Import Bank (Afreximbank) swept the stage at the recently concluded Bonds, Loans and ESG Capital Markets Africa Awards 2024 ceremony, taking home six

Afreximbank’s MANSA Digital Initiative holds Management Accounting training for SMEs

Cairo, 23 April 2024: – In a bid to accelerate the onboarding process of agents on the MANSA Digital Repository platform and encourage African small and medium-sized enterprises (SMEs) to embrace full audited financial reporting, the MANSA Digital Initiative recently hosted a training session on the importance of management accounting for SMEs. Conducted in collaboration

AFREXIMBANK SUPPORTS REHABILITATION OF SPORTING FACILITY IN BARBADOS AHEAD OF THE 2024 CRICKET WORLD CUP

 Left – Right: Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank CARICOM Office, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, Honourable Mia Mottley, Prime Minister of Barbados and Mr. Damien Gaskin, Kensington Oval Management Inc. Barbados, April 19, 2024: African Export-Import Bank (Afreximbank or the Bank) announced today that

FEDA invests in Bloom Africa Holdings Limited to support its expansion in West Africa

Kigali, 17 April 2024: The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions

Algeria signs Hosting Agreement for Intra-African Trade Fair 2025

Seated from Left to right: Mr. Chiza Charles Chiumya, representing Ambassador Albert Muchanga, Commissioner for Trade and Industry African Union Commission, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank – Afreximbank, H.E. Tayeb Zitouni, Minister of Trade and Export Promotion – Government of Algeria and Mr. Chawki Jaballi, Representing H.E. Wamkele Mene, Secretary General