Afreximbank commits US$500 Million to support Ethiopian Commercial Banks

Cairo, 15 September 2021: – The African Export-Import Bank (Afreximbank) has committed to provide US$500 Million to support Ethiopian commercial banks through the Afreximbank Trade Facilitation (AfTRAF) Programme, which incorporates various products devised to increase intra-extra African trade volumes, diversify the character of this trade, and assure the confidence of trade partners in the settlement

African Private sector urged to reap benefits of attending the Intra-African Trade Fair 2021 at pre-event Roadshow in Cape Town

Cape Town, 16 September 2021: – After Johannesburg on 14 September 2021, the organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Cape Town on 15 September to raise awareness about the substantial benefits of attending the continental trade fair. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the

The Fund for Export Development in Africa (FEDA) makes its inaugural investment into Liquid Intelligent Technologies

Cairo, 06 September 2021: – African Export-Import Bank (Afreximbank) has announced a minority investment by the Fund for Export Development in Africa (FEDA) into Liquid Intelligent Technologies (Liquid), a pan-African telecommunications technology group. This is the first investment made by FEDA, a development impact-oriented subsidiary of Afreximbank, which provides equity and quasi-equity funding to companies

Organisers of the Intra-African Trade Fair 2021 explain the benefits of participating in the event during a roadshow in Kenya

Nairobi, 31 August 2021: – Kenya hosted a Country Roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat, IATF2021 will take place in Durban, KwaZulu-Natal,

Afreximbank records solid financial performance and made significant progress in its Strategic initiatives during the first half of 2021 amid the continuing negative impact of Covid 19 pandemic

Cairo, 02 September 2021: – African Export-Import Bank (Afreximbank) has released its audited financial statements for the six months ended 30 June 2021, showing a solid performance, in line with expectations. The results, which reflected a net income of $168.9 million for the period a 12% increase over $150.75 million recorded in 2020, were achieved

Establishment Agreement of Afreximbank’s Fund for Export Development in Africa (FEDA): Rwanda Ratifies, Togo and South Sudan join three other signatories

Cairo, 31 August 2021: – The Republic of Rwanda has become the first African country to ratify the Agreement for the Establishment of the Fund for Export Development in Africa (FEDA), while the Republic of Togo and the Republic of South Sudan have recently acceded to the Agreement establishing this development impact-oriented subsidiary of the

Organisers of the Intra-African Trade Fair 2021 extol the benefits of participating in the event during a roadshow in Ghana

Accra, 23 August 2021: – Ghana hosted a roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat, IATF2021 will take place in Durban, KwaZulu-Natal, South

Afreximbank partners with YALDA to enhance youth involvement in the implementation of the AfCFTA

Cairo, 11 August 2021: – African Export-Import Bank (Afreximbank) has announced funding and technical support to the Youth Alliance for Leadership and Development in Africa (YALDA), an international nonprofit organisation that aims to contribute to the development of Africa’s young leaders and enhance youth participation in the implementation and achievement of the African Continental Free

Afreximbank and BAFT Deliver Virtual Training Workshops on Correspondent Banking in Africa

Cairo/Washington 26 July 2021 – African Export-Import Bank (Afreximbank) and the Bankers Association for Finance and Trade (BAFT) today announced the launch of a series of training workshops for African respondent banks to enhance their ability to obtain and maintain correspondent banking relationships. The first round of workshops, to be held virtually on 27, 28

Afreximbank backs Vista Group acquisition of BICIGUI and BICIAB

Cairo, 21 July 2021: – African Export-Import Bank (Afreximbank) has closed a EUR 59.2 million Intra Africa Investment Finance Facility to finance Vista Group Holdings SA’s acquisition of majority stakes in Banque Internationale pour le Commerce et l’Industrie de la Guinée (BICIGUI) and Banque Internationale pour le Commerce, l’Industrie et l’Agriculture du Burkina (BICIAB). The