News articles

Intra-African Trade Fair 2025 Welcomes Dangote Group as Official Premier Partner

Algiers, Algeria – 5th August 2025 – Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment forum, is excited to announce Dangote Group as an official Premier Partner. As one of Africa’s leading industrial conglomerates, with over 18 subsidiaries operating across a wide spectrum of sectors critical to the continent’s economic transformation – including

Afreximbank shines with double success at EMEA Finance African Banking Awards

Cairo, Egypt, 04 August 2025: –African Export-Import Bank (Afreximbank) has been recognised with two prestigious awards at the EMEA Finance African Banking Awards, securing  titles for the Best Project in Africa award and the Best Syndicated Loan House in Africa award. The dinner and award ceremony were held in London, United Kingdom on 18 and

Afreximbank Signs US$1.35 Billion Financing as Lead Arranger in USD 4 Billion Syndicated Facility to Refinance Dangote Refinery Construction

Abuja, Nigeria, 04 August 2025 –African Export-Import Bank (Afreximbank) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion syndicated financing arrangement for Dangote Industries Limited (DIL), Africa’s largest industrial conglomerate. Afreximbank acted as the Mandated

COMMUNIQUE AND FINAL REMARKS

FOURTH AFRICARIBBEAN TRADE AND INVESTMENT FORUM COMMUNIQUÉ We, the African Export-Import Bank (Afreximbank) and the Government of Grenada, convened the Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) from 28 to 29 July 2025 in St. George’s, Grenada, under the theme, Resilience and Transformation – Enhancing Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty. RECOGNIZING the

A Living Legacy: Flamboyant Tree Planted in Grenada to Honour Outgoing Afreximbank President Benedict Oramah

Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank and the Prime Minister of Grenada, the Hon. Dickon Mitchell are joined by senior representatives of Afreximbank and Government of Grenada officials during a symbolic tree-planting ceremony at Camerhogne Park, St. George’s, Grenada.  St. George’s, Grenada, 29 July 2025 – On the second day of the

Global Africa Commission Proposed as ACTIF2025 Opens in Grenada

-US $290M in deals signed, advancing infrastructure, tourism and trade across the Caribbean on Day 1 -CARICOM leaders to recommend region’s highest honour for Oramah’s role in transforming ties -US $250M Resilience Fund, CAPSS rollout, and feasibility of Caribbean EXIM Bank among key initiatives championed Professor Benedict Oramah, President and Chairman of the Board of Directors

Afreximbank mandated as Advisor on US$4.5 billion EG-27 LNG project in Equatorial Guinea

Cairo, Egypt, 25 July 2025: – African Export-Import Bank’s (Afreximbank) Advisory and Capital Markets (ACMA) has been mandated as the financial advisor to raise capital for the US$4.5 billion EG-27 liquefied natural gas (LNG) project being developed by Sociedad Nacional de Gas de Guinea Ecuatorial (Sonagas), Equatorial Guinea’s national gas company. Under the terms of

No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption

By: Pamela Coke-Hamilton, Executive Director, International Trade CentreProf.Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1

Afreximbank to avail $75 million to Central Bank of The Gambia in a cross-currency swap

Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank (with folder, left) exchanges the signed agreement with Mr. Buah Saidy, Governor of Central Bank of The Gambia after the two inked the deal at the 32nd Afreximbank’s Annual Meetings  in Abuja, Nigeria  Abuja, Nigeria, 23 July 2025:  African Export-Import Bank (Afreximbank) has signed an agreement

Afreximbank Shareholders Approve Key Resolutions and Reaffirm Support for Preferred Creditor Status

Outgoing Afreximbank President Professor Benedict Oramah (left), with the incoming President of the Bank, Dr. George Elombi (right) Abuja, Nigeria, 23 July 2025 – At the 32nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank), held as part of the Bank’s 2025 Annual Meetings in Abuja, Nigeria, from 25 to 28 June 2025, shareholders approved

Afreximbank Annual Meetings record project preparation deals expected to unlock about US$ 1.0 billion in investments

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank with Mr Eddie Cross – Chairperson, Green Hybrid Power Pvt Ltd Abuja, Nigeria, 21 July 2025: – The 32nd Annual Meetings of African Export-Import Bank (Afreximbank), also known as AAM2025, witnessed a flurry of deal signings with four project preparation transactions signed between

Prof Benedict Oramah recognised for long service as ETG, TRACE, KCB and CBZ toast award success at 32nd Afreximbank Annual Meetings

Key Highlights The third edition of the Pan-African Business and Development Awards has recognised and celebrated leading businesses on the continent and in the diaspora in alignment with Afreximbank’s push for a promotion of a Global AfricaMarking his distinguished tenor, Professor Benedict Oramah, outgoing Afreximbank President, was honoured with the Bank’s Long Service Award alongside

Jamaica accedes to Afreximbank, strengthening ties to Global Africa

L-R: Dr. The Most Honourable Andrew Holness, Prime Minister of Jamaica, The Honourable Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade of Jamaica, Mr Okechukwu Ihejirika, Ag. Chief Operating Officer of Afreximbank Caribbean Regional Office and Prof. Benedict Oramah GCON, President and Chairman of the Board of Directors of Afreximbank pose after Jamaica

Afreximbank President Launches New Edition of Structured Trade Finance Book at 32nd Annual Meetings

President Benedict Oramah speaks during the launch of the second edition of his book ‘Foundations and Evolutions of Structured Trade Finance’ in Abuja, Nigeria on June 25, 2025 Updated publication expands on real-world applications of structured trade finance, including supply chain finance, reserve-based lending, and fintech integration. Abuja, Nigeria – 10 July 2025 – African Export-Import

PAPSS and Interstellar unveil African Currency Marketplace eliminating $5 Billion trade bottleneck

ABUJA, NIGERIA – 7 July 2025 – Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, have announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the

Afreximbank Executive Vice President Kanayo Awani re-elected to FCI Executive Committee

Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development Cairo, Egypt, 01 July 2025 – The Executive Vice President in charge of Intra-African Trade and Export Development Bank at African Export-Import Bank (Afreximbank), Mrs. Kanayo Awani, has been re-elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring,

Bank Al-Maghrib signs up to PAPSS, establishing Morocco as its 17th country of presence

Cairo, Egypt… Monday 7 July 2025 – The Pan-African Payment and Settlement System (PAPSS) is pleased to announce the entry of the Kingdom of Morocco into its growing network, with Bank Al-Maghrib officially signing the PAPSS membership agreement. As a result, Morocco becomes the 17th country of presence, further solidifying the continent’s commitment to financial