News articles

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

Afreximbank Included in SEM-10 Index in Mauritius

Cairo, 4 July 2019: – The Stock Exchange of Mauritius (SEM) has announced the inclusion of the African Export-Import Bank (Afreximbank) in the SEM-10 index. An announcement posted on the SEM website on Wednesday listed Afreximbank among the SEM-10 Constituents for the third quarter starting 3 July 2019. Other companies on the list are: MCB

Afreximbank Announcement

The African Export-Import Bank (Afreximbank) is continuing to explore various strategic initiatives to support the growth of its business and further strengthen its balance sheet. These options may include a new listing of Global Depositary Receipts on another stock exchange, including potentially the London Stock Exchange. At this point in time, no decisions have been

Afreximbank Introduces Tunisia-Africa Trade and Investment Promotion Programme

[caption id="attachment_19954" align="aligncenter" width="636"] Afreximbank President Prof. Benedict Oramah (right) and Marouan Elabbasi, Governor, Central Bank of Tunisia, pose with the agreement following the signing ceremony in Moscow.[/caption] Moscow, 25 June 2019: – The African Export-Import Bank (Afreximbank) and the Central Bank of Tunisia have signed an agreement for a $500-million Tunisia-Africa Trade and Investment

Russia and Africa Should Harness Resources for Greater Economic Growth, Medvedev Tells Afreximbank Shareholders

[caption id="attachment_19945" align="aligncenter" width="420"] Dimitri Medvedev, Chairman of the Government of the Russian Federation, declaring open the Afreximbank Annual General Meeting of Shareholders in Moscow on Friday.[/caption] Moscow, 23 June 2019: – Africa and Russia must harness their immense resources to foster a greater economic future for their people, Dimitri Medvedev, Chairman of the Government

Afreximbank Approves $69 million Dividend Pay-out as Annual Meetings Conclude in Moscow

Moscow, 22 June 2019: – The African Export-Import Bank (Afreximbank) will pay a total of $69 million to its shareholders as dividend from its 2018 earnings, according to decisions reached during the Annual General Meeting of Shareholders (AGM) of the Bank which ended in Moscow today. The shareholders also appointed one new member to its

Africa’s Output Grew by 3.4% in 2018, Afreximbank’s Africa Trade Report 2019 Shows

Moscow, 21 June 2010: – Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, a new report by the African Export-Import Bank (Afreximbank) has shown. The African Trade Report 2019: African Trade in a Digital World,  launched today in Moscow during the 26th Afreximbank

IATF2020 ADVISORY COUNCIL MEETS IN CAIRO

[caption id="attachment_19966" align="aligncenter" width="671"] Members of the IATF Advisory Council in Group photos[/caption] The Advisory Council of the 2020 Intra African Trade Fair (IATF2020) has met in Cairo to discuss the arrangements toward the organisation of the trade fair to be held in Kigali in September 2020. The meeting, held at the headquarters of the

Afreximbank Wins African Bank of the Year Award

[caption id="attachment_19806" align="alignright" width="412"] Afreximbank Executive Vice President Amr Kamel (right) with Jules Ngankam, Group Deputy CEO & CFO, African Guarantee Fund, after receiving the Award plaque.[/caption] Malabo, 12 June 2019:  – The African Export-Import Bank (Afreximbank) yesterday in Malabo received the award for the African Bank of the Year at the African Banker Awards

Afreximbank avails USD2 Million to Harare Receivables Exchange for Factoring and Supply Chain Financing in Zimbabwe.

Harare, 05 June 2019: Harare Receivables Exchange (Private) Limited (“HRE”), is pleased to announce the conclusion of a USD2 Million facility to support exporters through the African Export-Import Bank (“Afreximbank”). This facility will allow HRE to support companies that are working diligently to export their products and services to reliable customers across the world. HRE

Afreximbank, JBIC sign $300-Million Export Credit Line Agreement to Support Development Projects in Africa

[caption id="attachment_19794" align="alignnone" width="1269"] Afreximbank Executive Vice President Dr. George Elombi (Left) shaking hands with Nobumitsu Hayashi, Deputy Governor, JBIC, following signing of the line of credit agreement[/caption]   Cairo, 4 June 2019: – The African Export-Import Bank (Afreximbank) and the Japan Bank for International Cooperation (JBIC) have signed a general agreement for a $300-million

Afreximbank President Visits Democratic Republic of Congo, Announces Interest in Brazzaville-Kinshasa Bridge

[caption id="attachment_19788" align="aligncenter" width="572"] President Felix Tshisekedi of the Democratic Republic of Congo (right) in handshake with Afreximbank President Prof. Benedict Oramah, during the Afreximbank state visit to the DRC[/caption] Kinshasa, 31 May 2019: – The African Export-Import Bank (Afreximbank) is interested in participating in the syndicated facility for the construction of the bridge between

Request for Proposals: Consultant(s) to develop and Administer the Afreximbank External Customer Satisfaction Survey 2019.

One of the key objectives of AFREXIMBANK’s Fifth Strategic Plan, “Impact 2021-Africa Transformed” is Improving Stakeholder Satisfaction. The broad universe of the Bank’s stakeholders is defined to include shareholders, staff members, corporate and institutional clients, lenders, investors and other strategic partners.  The Bank’s external clients are a key component of the stakeholders and are critical