Bold African entrepreneurs invited to apply for a 3-month accelerator program designed to drive intra-African trade and industrialisation.Selected startups to receive equity investment, expert mentorship, and unrivalled industry exposure. Cairo, Egypt 29 April 2025: African Export-Import Bank (Afreximbank), has officially launched the Afreximbank Accelerator Program, a transformative three-month initiative aimed at empowering African entrepreneurs who
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Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme
Cairo, Egypt… 28 April 2025: – To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products
Afreximbank calls for deeper collaboration to boost local manufacturing of health products
Cairo, Egypt, 25 April 2025: – The private sector and financial institutions must collaborate to develop viable and scalable business models for local manufacturing of medicines and healthcare products, Mrs. Oluranti Doherty, Managing Director, Export Development, at the African Export-Import Bank (Afreximbank), told delegates at the Third World Local Production Forum (WLPF) in Abu Dhabi,
African Research and Innovation Hub (ARIH) @IATF issues Final Call for Applications
University lecturers, students, and researchers affiliated with National Research Institutions urged to submit their publications and prototypes to be considered for inclusion at IATF2025 Cairo, Egypt, 25 April 2025 – African Export-Import Bank (Afreximbank), in collaboration with African Union Commission and AfCFTA Secretariat, is issuing a final call for applicants for its new initiative, the
Afreximbank announces specialized AfCFTA training to empower African businesses
Cairo, Egypt, 24 March 2025: – To enable African businesses to fully capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) has announced a specialized training program designed to equip enterprises with a deep understanding of the agreement’s commercial implications and transformative potential. Scheduled to take place
Afreximbank Hosts Inaugural FOCUS Africa Trade and Investment Forum to strengthen economic integration in Africa
Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank (front row, seventh from left), H.E. Dr Mohamadou Labarang Dean of the African Ambassadors’ Group, Egypt (sixth from left), Mr. Tamer Taha, Adviser to the Minister of Planning, Economic Development and International Cooperation, Arab Republic of Egypt (eight from left), Mrs. Kanayo Awani,
Afreximbank delivered exceptional 2024 financial performance, cementing its position as a systemic pan-African trade finance institution
FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and in 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 key members of the investment community. Statements regarding the
Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria - marking a new era for Intra-African trade
Representative of H. E. Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, The Federal Republic of Nigeria, Senator George Akume, Secretary to the Government of the Federation (cutting ribbon in the middle) flanked on his immediate left by President and Chairman of Board of Directors, Afreximbank, Professor, Benedict Oramah, Minister of Finance
Afreximbank issues first Panda bond in China Interbank Market with RMB 2.2 billion issuance
Cairo, Egypt, 08 April 2025: –African Export-Import Bank (Afreximbank) has successfully issued its first Panda bond in the China Interbank Market under the Bank’s 2025 Panda Bond Programme, printing a three-year RMB 2.2 billion (about US$ 303 million equivalent) bond with a final coupon rate of 2.99 per cent. The issuance, on 28 March, followed
Afreximbank receives three awards at the 2025 International Financial Law Review awards
Cape Town, South Africa, 04 April 2025: African Export-Import Bank (Afreximbank) has been recognised in three award categories by the International Financial Law Review (IFLR), a globally recognized authority on financial law and transactions. The 2025 IFLR awards, held annually, spotlight the most innovative cross-border deals in Africa and the legal teams and firms driving
Oando PLC Joins Afreximbank’s AfrexInsure Portfolio
Cairo, Egypt, 31 March 2025: – AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele portfolio, this new development aligns
AFREXIMBANK AND ZEP-RE LAUNCH THE TRANS-AFRICA BOND ALLIANCE (TABA)
Friday 28th March, Nairobi, Kenya – African Export-Import Bank (Afreximbank) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment
Afreximbank breaks ground on historic state-of-the-art AATC in Barbados, first outside Africa
At the Barbados AATC groundbreaking, from right to left: Hon. Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and Hon. Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials. Bridgetown, Barbados, 24 March 2025:
Afreximbank Acts as Joint Global Coordinator on BADEA’s second EUR 750mn Senior Eurobond due 2028
Cairo, Egypt, 24 March 2025: – African Export-Import Bank (Afreximbank) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock
Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth
Afreximbank and Somalia government officials pose for a photo during the Bank’s official visit to the country Cairo, Egypt, 24 March 2025: – Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank), becoming the 53rd African member state of the African multilateral financal institution and bringing the Bank closer to its
Creative Africa Nexus (CANEX) announces second edition of the Prize for Publishing in Africa
21 March 2025 – Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) invites African publishers of trade books to apply for the second edition of the CANEX Book Factory Prize for Publishing in Africa. The initiative, developed in partnership with Narrative Landscape Press Limited, underscores the commitment of Afreximbank through the CANEX
Algeria steps up preparations for IATF2025 as six-month countdown starts
Deputy Chairman of the IATF Advisory Council and former President of Afreximbank, Mr. Jean Louis-Ekra (in the middle), Algeria’s Minister of External Trade and Export Promotion, Hon. Mohammed Boukhari (second right), Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development at Afreximbank (second left) and Mr. Albert Kan-Dapaah, representing H.E. Wamkele Mene, Secretary-General
Uganda joins Afreximbank’s FEDA as 21st Member State
FEDA Chief Executive Officer, Marlene Ngoyi with Ambassador Philip Rukikaire, Head of Regional Peace and Security Department at the Ministry of Foreign Affairs, Uganda Kampala, Uganda, 06 March 2025: – The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) development impact investment arm, into
ARISE IIP secures $450 million Afreximbank facility for industrial parks, Special Economic Zones development
Cairo, Egypt… 06 March 2025: In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit facility with ARISE IIP, the leading pan-African developer and operator of world-class industrial parks. This financing will support the development of industrial parks and Special Economic Zones (SEZ), while
KCB Group and Bank of Kigali launch PAPSS, enabling seamless and affordable cross-border payments across Africa
Image on the left: Mr. Paul Russo, Group Managing Director of KCB; Mr. Mike Ogbalu, CEO of PAPSS; Hon. Lee Kinyanjui, Cabinet Secretary Ministry of Investments, Trade and Industry, during the KCB launch event of PAPSS in Nairobi on 27th of February. Image on the right: Mr. Mike Ogbalu, CEO of PAPSS and Dr. Diane