News articles

Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, at the African Banker Awards 2023 Ceremony. Cairo, 25 May 2023: – The African Export-Import Bank (Afreximbank) yesterday walked away with two of the most prestigious prizes at the African Banker Awards 2023 held in Sharm El Sheikh, Egypt, receiving the awards

The Gambia, 23 May 2023 – African Export-Import Bank (Afreximbank) is delighted to report the successful completion of its roadshow in The Gambia, which took place between the 4th and 5th of April 2023. As well as providing a forum in which Afreximbank could explore business development opportunities in the country and identify priority transactions in pivotal strategic

Jean Arsene Yerima receiving the Award on the behalf of Mrs. Kanayo Awani on 27 April 2023 in Abidjan Abidjan Abidjan, Cote d’Ivoire, 08 May 2023 – The African Export-Import Bank’s (Afreximbank) Executive Vice President, Intra-African Trade Bank, Mrs. Kanayo Awani, who doubles as Acting Executive Vice President, Business Development and Corporate Banking, has been honoured

Cairo, Egypt,04 May 2023 – African Export-Import Bank (Afreximbank), through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior unsecured notes issued by Mauritius Commercial Bank (MCB) under its US$3 billion Global Medium Term Note Programme. The Notes offering, which was announced on

Nairobi, Kenya, 03 May 2023 – African Export-Import Bank (“Afreximbank” or the “Bank”) on 2 May 2023 in Nairobi signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was witnessed by President William Ruto at State House Nairobi. The memorandum was signed by Kenya’s Honourable Cabinet Secretary of the Ministry

Kigali, Rwanda, 02 May 2023 – The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement. FEDA described the accession by

Mr. Mike Ogbalu III, CEO of PAPSS (left) and Mr Thapelo Tsheole, President of ASEA and CEO of Botswana Stock Exchange, after signing the MoU on 14 April 2023. Cairo, 26 April 2023 – The Pan African Payment and Settlement System (PAPSS) and the African Stock Exchanges Association (ASEA) have signed a Memorandum of Understanding

Kanayo Awani, Executive Vice President – Intra-African Trade Bank, Afreximbank (left) and Calixte Tabangoli, Chief Executive Officer, Banque Postale du Congo on 30 March 2023 in Cairo. Cairo, Egypt, 18 April 2023 – African Export-Import Bank (Afreximbank) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR

Cairo, Egypt, 13 April 2023 – The 30th Annual Meetings of African Export-Import Bank (Afreximbank) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the Vision. Building Prosperity for Africans”. The 30th Afreximbank Annual Meetings and 30th Anniversary

Kinshasa, DRC, 11 April 2023 – African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a Framework Agreement with the Democratic Republic of Congo and the Republic of Zambia for the establishment of Special Economic Zones (SEZ) for the production of Battery Electric Vehicle (BEV) and related services. Under the

Cairo, Egypt 04 April 2023 – African Export-Import Bank (Afreximbank) has announced that its Board of Directors has approved the opening of the Bank’s CARICOM Office to be established in Barbados. Afreximbank CARICOM Office will support the implementation of the Partnership Agreement, entered into by, and between, Afreximbank and CARICOM Member States aimed at expanding

Kigali, Rwanda, 30 March 2023 – The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). These successive accessions provide positive momentum for FEDA and demonstrate a shared commitment from Afreximbank Member Countries

Nairobi, Kenya, 29 March 2023 – African Export-Import Bank (Afreximbank) was pleased to host a high-level workshop to validate the National Export and Investment Strategy (NEIS) of the Government of South Sudan. Part of the Bank’s wider Export Development Advisory offering, the workshop – which occurred between the 6th and 8th March in Nairobi –

The Honorable Minister for Transportation, Mr. Mu’azu Sambo and Secretary to the Government of the Federation, Mr. Boss Mustafa admiring the unveiled Chart Abuja, Nigeria, 27 March 2023 – African Export-Import Bank (Afreximbank) in its role as a systemically important and market-failure bank for Africa provided a grant of US$350,000 and leveraged on its partnership with

Cairo, 27 March 2023 – Afreximbank Insurance Management Company (AfrexInsure) – a wholly owned subsidiary of African Export-Import Bank (Afreximbank) – has completed its first insurance policy, facilitating the issuance of all-risk construction insurance cover to Oman Shapoorji Company (a Shapoorji Pallonji group company), in relation to the construction of the Afreximbank Africa Trade Center in Harare,

Cairo, 22 March 2023 – African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, Nigeria under the Afreximbank Trade Facilitation Programme (AFTRAF).The decision to increase Afreximbank’s support is consistent with the economic and commercial success of the financing facility, the first US$125 million of which has been

Sao Tome & Principe, 21 March 2023 – African Export-Import Bank (Afreximbank) has completed a two-day roadshow in Sao Tome and Principe in collaboration with the Government and BGFI Bank. Following the ratification of the Afreximbank establishment agreement by the Government of Sao Tome and Principe, the Bank is seeking to expand its support to

Kigali, 15 March 2023 – The Africa Centres for Disease Control and Prevention (Africa CDC) hosted its lead partners at a meeting on the sidelines of the Africa Health Agenda International Conference 2023 held in Kigali, Rwanda. The meeting, which took place from 9-10 March, was dedicated to identifying a clear set of annual objectives

From left to right, H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat; Mrs Kanayo Awani, Executive Vice President, Intra-African Trade Bank at Afreximbank; and Dr Vincent Biruta, Minister of Foreign Affairs, and International Cooperation of the Republic of Rwanda. Kigali, Rwanda, 13 March 2023 – The AfCFTA Secretariat and African Export-Import Bank (Afreximbank), on 10

Kigali, Rwanda, 7 March 2023 – The Republic of Zimbabwe became the sixth signatory to the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). The Agreement was recently signed by His Excellency Dr. Emmerson Dambudzo Mnangagwa, President of the Republic of Zimbabwe. This accession