News articles

Madagascar President Seeks Afreximbank Support in Country’s Industrialisation

Antananarivo, 17 May 2019: – President Andry Rajoelina of Madagascar has urged the African Export-Import Bank (Afreximbank) to partner with the government in its effort to make the country the “window into a modern Africa”. Speaking yesterday in Antananarivo when he received an Afreximbank delegation led by Prof. Benedict Oramah, President of the Bank, President

Afreximbank Sees Opportunity for up to $400 million in Financing to Comoros, Says Prof. Oramah on Visit to Island’s President

[caption id="attachment_19753" align="aligncenter" width="699"] President Azali Assoumani of Comoros (right) putting a lapel pin on Afreximbank President Prof. Benedict Oramah, during a visit by an Afreximbank delegation today.[/caption]     Moroni, 15 May 2019: – The African Export-Import Bank (Afreximbank) is in discussions to provide financing for transactions valued at about $100 million in Comoros,

Second Intra-African Trade Fair Will Generate $40 billion in Trade Deals, Afreximbank Chief Says as Hosting Agreement is Signed

[caption id="attachment_19741" align="aligncenter" width="763"] Albert Muchanga, Commissioner for Trade and Industry, African Union (left); Soraya Hakuziyaremye, Minister of Trade and Industry of Rwanda (centre); and Afreximbank President Prof. Benedict Oramah with the hosting agreement following the signing ceremony in Kigali.[/caption]       Kigali, 14 May 2019: – The second Intra-African Trade Fair (IATF2020) scheduled

Invitation to Signing of Hosting Agreement for Second Intra-African Trade Fair (IATF2020)

Cairo, 10 May 2019 – The Government of the Republic of Rwanda, the African Export-Import Bank (Afreximbank), and the African Union, will, on Tuesday, 14 May 2019, in Kigali, sign the hosting agreement for the second Intra-African Trade Fair (IATF2020). The hosting agreement will be signed on the sidelines of the Transform Africa Summit. IATF2020,

Afreximbank’s President Benedict Oramah Named Among Most Influential Africans

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has been named one of the most influential Africans. In new rankings released by Jeune Afrique, the French language pan-African magazine, Prof. Oramah was listed at number 59 in the ranking of the 100 most influential Africans. In naming the President among the group, Jeune

Team Afreximbank Takes Third Place at El Gouna Beach Polo Tournament

02 May 2019: Team Afreximbank, sponsored by the African Export-Import Bank, emerged the third-place winner at the El Gouna Beach Polo Silver Cup tournament 2019 held in El Gouna, Egypt, from 24 to 27 April. Afreximbank was one of four team sponsors at the tournament and was represented by players Omar El Sewedy, who doubled

President Oramah at 2nd Belt and Road Forum

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) was a featured speaker at the Second Belt and Road Forum for International Cooperation organized by the Chinese Government in Beijing from 25 to 27 April 2019. The second Belt and Road Forum attracted leaders, including heads of state and government from nearly 40 countries.

Afreximbank Dialogues with African Ministers and High Officials at World Bank-IMF Meetings

[caption id="attachment_19646" align="aligncenter" width="734"] Afreximbank President Prof. Benedict Oramah (L) with Zainab Shamsuna Ahmed, Nigeria’s Minister of Finance, in Washington D.C.[/caption]   An African Export-Import Bank (Afreximbank) delegation led by Bank President Prof. Benedict Oramah, in Washington D.C. for the 2019 World Bank-IMF Spring Meetings, took advantage of the presence of finance ministers, institutional leaders

Afreximbank Delivers Inaugural MANSA Training to Egyptian Banks

The African Export-Import Bank (Afreximbank), in collaboration with the Central Bank of Egypt (CBE) and the Egyptian Banking Institute (EBI), has delivered the first in a series of trainings to Egyptian financial institutions aimed at enhancing their capacity in using the MANSA Repository Platform. The MANSA Repository Platform, which was launched by Afreximbank in Abuja

Mota-Engil Secures EUR100 Million Afreximbank Facility to Support Economic Integration Projects

Cairo, 18 April 2019: – The African Export-Import Bank (Afreximbank) has announced the disbursement of an EUR100 million revolving global credit facility to Mota-Engil Engenharia e Construçáo África, S.A. (Mota-Engil Africa) to support the company to implement key developmental projects in Africa. Such projects include the construction of trade-carrying and trade-supporting infrastructure required for the

Afreximbank Creating Digital Ecosystem to Ease Trade Finance Flows, Says President

[caption id="attachment_19587" align="aligncenter" width="418"] Afreximbank President Prof. Benedict Oramah delivering address at IGD Frontier 100 Forum in Washington, D.C.[/caption] Washington D.C., 15 April 2019: – The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within

Afreximbank President Meets African Leaders at World Bank-IMF Meetings

[caption id="attachment_19576" align="aligncenter" width="420"] Afreximbank President, Prof. Benedict Oramah (L) presents Samuel Tweah, Minister of Finance of Liberia, with a gift during their meeting in Washington DC.[/caption] The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, in Washington D.C. at the head of a Bank delegation to the 2019 World Bank-IMF Spring Meetings,

2019 Programme for Certificate of Finance in International Trade Takes Off

Cairo, 12 April 2019: – A cohort of 11 African trade finance practitioners have embarked on the 2019 version of the Certificate of Finance in International Trade (COFIT) offered by the African Export-Import Bank (Afreximbank) in collaboration with the FCI+IFG Union and the University of Malta. The 2019 COFIT cohort will be the fourth for

Afreximbank President Prof. Benedict Oramah (left) with Adnan Yıldırım, CEO, Turk Eximbank, during their meeting in Marrakesh.

Afreximbank President Meets Turk Eximbank CEO

Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), on 5 April 2019 in Marrakesh, Moroco, met with Adnan Yıldırım, Chief Executive Officer (CEO) of the Export Credit Bank of Turkey (Turk Eximbank), to explore opportunities for collaboration between the two institutions. Speaking during the meeting, Prof. Oramah said that Afreximbank was seeing a

Afreximbank Dr. George Elombi (left) presents document conveying the Bank’s donations to Chris Mapanga, Ambassador of Zimbabwe to Egypt

AFREXIMBANK Conveys $1.5-Million Tropical Cyclone Relief Donation to Affected Countries

Cairo, 29 March 2019: – The African Export-Import Bank (Afreximbank) yesterday made good on its donation of $1.5 million in support of the relief effort for victims of Tropical Cyclone Idai, sending a high-level delegation to the embassies of Mozambique, Zimbabwe and Malawi in Cairo to deliver documents formally conveying the donations to the three

Afreximbank Donates $1.5 Million to Support Tropical Cylone Idai Relief Efforts in Mozambique, Zimbabwe and Malawi; Also Plans Deployment of Post-Crisis Interventions

Cairo, 28 March 2019: – The African Export-Import Bank (Afreximbank) has announced the donation of $1.5 million to support the relief effort in aid of the victims of Tropical Cyclone Idai which devastated the southern African countries of Mozambique, Zimbabwe and Malawi recently. Afreximbank President Prof. Benedict Oramah said that the relief package was approved

Uganda’s Minister of State for Tourism Visits Afreximbank

26 March 2018 – A Ugandan delegation led by Kiwanda Ssuubi, the Minister of State for Tourism, visited the headquarters of the African Export-Import Bank (Afreximbank) yesterday to explore opportunities for working with the Bank, particularly in the tourism sector. Mr. Ssuubi said that the delegation wanted to gain an understanding of the Bank’s Construction/Tourism-Linked

Kanayo Awani, Managing Director, Intra-African Trade Initiative, Afreximbank, addressing guests during the conference in Gaborone.

Afreximbank Proffers Factoring to Ease Access to Financing for African SMEs

Cairo, 18 March 2019: – The African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the challenge of access to financing which is hindering the growth of Africa’s small and medium-scale enterprises (SMEs). Kanayo Awani, Managing Director of the Intra-African Trade Initiative at Afreximbank, said on