Kigali, 17 April 2024: The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions
Seated from Left to right: Mr. Chiza Charles Chiumya, representing Ambassador Albert Muchanga, Commissioner for Trade and Industry African Union Commission, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank – Afreximbank, H.E. Tayeb Zitouni, Minister of Trade and Export Promotion – Government of Algeria and Mr. Chawki Jaballi, Representing H.E. Wamkele Mene, Secretary General
Afreximbank President and Chairman of Board of Directors, Prof. Benedict Oramah (standing second left) accompanied by The Honourable Philip Davis, K.C, Prime Minister of the Commonwealth of The Bahamas (standing right) watch as Anne Ezeh, Director Communications and Events, Afreximbank and Creswell Sturrup, Permanent Secretary in the Office of Prime Minister, Government of Commonwealth of
FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and 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 Bank’s
Cairo, 04 April 2024: – African Export-Import Bank (Afreximbank) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS) and is inviting authors to submit manuscripts for publication.The APRWPS will provide a platform for Afreximbank staff, academics, scholars, institutions and practitioners to share preliminary research findings on topics concerning African trade, trade finance and development.
Monrovia, 03 April 2024 – African Export-Import Bank (Afreximbank) has concluded a three-day roadshow in Liberia in collaboration with the Ministry of Commerce and Industry of Liberia, Oakwood Green Africa, Loita Capital Partners International and Havit Inc., aimed at bolstering Liberia’s efforts to grow trade. This follows a prior edition of the roadshow held in
Haytham ElMaayergi, Executive Vice President Global Trade Bank, Afreximbank (2nd left), Olufunmilayo Lewis, Group Chief Risk Officer, Sterling Bank Holdings Company PLC, (left), Gwen Mwaba, Director & Global Head Trade Finance, Afreximbank and Eric Monchu Intong, Regional Chief Operating Officer (RCOO), Anglophone West Africa, Afreximbank at the launch of Payables Finance product in Nigeria Cairo,
Cairo, 28 March 2024: – The African Export-Import Bank (Afreximbank) has announced the successful completion of a “first-of-its-kind” India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders, and arranged by Bank of Africa UK PLC, the primary syndicated club deal saw participation from Indian lenders through their overseas branches and
Cairo, 26 March 2024: – The African Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has piloted the affairs of the global factoring body for the past 11 years, commending him for making Africa a priority by connecting the continent to the global factoring community. In
Left – Right: Haytham ElMaayergi, Executive Vice President of Afreximbank and Dario Scannapieco, Chief Executive Officer of Cassa Depositi e Prestiti S.p.A (CDP) Italy, exchange documents after signing a €200 million Memorandum of Understanding to bolster Afreximbank’s initiatives in food security and climate-smart agriculture across Africa. The financing will support the Bank’s interventions in food
Cairo, 21 March 2024: The Africa Export-Import Bank (Afreximbank’s) MANSA Digital Initiative, a Pan-African due diligence platform, has been awarded four ISO standards for the effective implementation of its Information Management Systems (IMS). MANSA Digital Initiative is a pan-African customer due diligence platform created by Afreximbank to promote, expand and support both intra and extra
Right Honourable Dr. Edouard Ngirente, the Prime Minister of the Republic of Rwanda (centre) cuts the ribbon to officially inaugurate the offices of the Fund For Export Development in Africa (FEDA) in Kigali, Rwanda. He was accompanied by President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah (left), Chief Executive Officer
Barbados, 14 March 2024: – The African Export-Import Bank (Afreximbank) is delighted to announce that it has successfully executed its first facility disbursement from its recently-established Caribbean Office in Bridgetown, Barbados. The disbursement is a US $6 million Education Rehabilitation Climate-linked Sovereign Term Loan Facility to the government of St. Lucia through its Ministry of
Mrs. Kanayo Awani, Executive VP, Intra-African Trade Bank, Afreximbank, displaying the African Diaspora Advisory Board Global Woman Award Cairo 14 March 2024: – Kanayo Awani, Executive Vice President, Intra-African Trade Bank at the Africa Export-Import Bank (Afreximbank), has received the African Diaspora Advisory Board (ADAB) Global Woman Award in Washington, D.C., for her work in
March 12, 2024 – African Export-Import Bank (Afreximbank) is pleased to announce its collaborative effort with the Grand Africa Initiative (GAIN) through a grant aimed at facilitating the training of 300 young African entrepreneurs. The training program will focus on entrepreneurship and intra-African trade and is set to commence in March 2024. The GAIN-Afreximbank Masterclass
The African Export-Import Bank (the “Bank”) is a pan-African multilateral financial institution, established to provide financing solutions and advisory services for the expansion, diversification, promotion and development of intra- and extra-African trade. The Bank will soon commence operations of its newly constructed African Trade Centre (ATC) building complex which includes corporate office space, a hotel,
The African Export-Import Bank (the “Bank”) is a pan-African multilateral financial institution, established to provide financing solutions and advisory services for the expansion, diversification, promotion and development of intra- and extra-African trade. The Bank will soon commence operations of its newly constructed African Trade Centre (ATC) building complex which includes corporate office space, a hotel,
Cairo, March 7, 2024: African Export-Import Bank (Afreximbank or “the Bank”) joins the world today to mourn the untimely passing of its longstanding partner, client and friend, Dr. Herbert Wigwe, the Group managing director and CEO of Access Holdings Plc, one of Africa’s top banking institutions, which sad event took place on February 9, 2024
Cairo, 4 March 2024: – African Export-Import Bank (Afreximbank) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets. Afreximbank is ranked as number one Mandated Lead Arranger, Bookrunner, and Administrative Agent for Sub-Saharan Africa Borrower Loans. These rankings recognize the Bank’s leadership role in facilitating
Cairo, Egypt, 23 February 2024 – The Africa-Trade Knowledge hub, The Afreximbank Academy (AFRACAD), owned and administered by the Africa Export-Import Bank (Afreximbank) Group, announces the opening of registration for the 2024 cohort of the Certificate of Trade Finance in Africa (COTFIA). AFRACAD offers this programme in partnership with Factors Chain International (FCI) and the American
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