ST. LUCIA RECEIVES $6 MILLION AS AFREXIMBANK MAKES HISTORIC FIRST DISBURSEMENT FROM CARIBBEAN OFFICE

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

Afreximbank’s Kanayo Awani receives African Diaspora Advisory Board Global 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 promoting intra-African trade. In a citation presented at the ceremony, Mrs. Awani was recognised for her dedication, visionary

Afreximbank Extends Grant to Grand Africa Initiative to Empower African Youth Entrepreneurs

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

Afreximbank tops the loan market rankings in Bloomberg’s 2023 Capital Markets league tables for Sub-Saharan Africa

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

The Arab Republic of Egypt Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

Kigali, 29 February 2024: The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) dedicated to fostering development impact, is pleased to announce the Arab Republic of Egypt’s accession to its Establishment Agreement. With Egypt’s longstanding position as a founding shareholder and the host country of Afreximbank’s headquarters, this recent development

GEOMETRIC POWER COMMISSIONS THE AFREXIMBANK-BACKED 141MW ABA INTEGRATED POWER PROJECT

Abia – Nigeria, February 28, 2024: The 141 MW Aba Integrated Power Project (Aba IPP), an Afreximbank-financed project, was officially commissioned in Abia State by the Vice President of the Federal Republic of Nigeria, H.E Kashim Shettima. A first of its kind in Nigeria, the Aba IPP is a pioneering initiative capable of generating and distributing

President Oramah delivers 8th Goddy Jidenma biennial lecture

Lagos, Nigeria, 26 February 2024: – How Africa and the rest of the developing world manoeuvre the emerging challenges presented by the unprecedented de-globalisation of the world could potentially make or mar their economic progress in the years ahead, Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), said on

Afreximbank President Oramah holds audience with President Bola Tinubu of Nigeria to discuss African healthcare in light of collaboration on pioneering AMCE project

Abuja, 23 February 2024: – Afreximbank’s President and Chairman of the Board of Directors, Professor Benedict Oramah, was invited to an audience at Abuja’s State House with Nigeria’s President, His Excellency Bola Tinubu. The meeting centered on the Bank’s initiatives and financing support to the country and specifically focused on the progress and potential impact on the 500

Afreximbank-Supported Miner Wins Sustainability Award

Boke, Kamsar, Guinea, 22 February 2024: – Guinea-based Dynamic Mining SAS has won the Mining Indaba Sustainability Award for its US$90-million Senior Debt facility financed by the African Export-Import Bank (Afreximbank), in partnership with the African Finance Corporation (AFC) and BADEA, to support Guinea to increase its bauxite production to 85,000 kilotonnes. With a participation of US$40

The African Medical Centre of Excellence (AMCE) Wraps Up Successful African Health Forum 2024 in Abuja

Thursday, 22 February 2024; Abuja, Nigeria: The African Medical Centre of Excellence, Abuja (AMCE Abuja), a quaternary-level multi-speciality medical institution developed by the African Export-Import Bank (Afreximbank) and King’s College Hospital, London, concluded its highly anticipated African Health Forum 2024 today in Abuja, Nigeria, marking a significant milestone in advancing healthcare collaboration and innovation across the continent.

African Multilateral Financial Institutions forge historic strategic  alliance to serve as catalyst for Sustainable Economic Development and financial self-reliance in Africa 

[Addis Ababa, 21 February] – Under the esteemed patronage of His Excellency Nana Addo Dankwa Akufo-Addo, the President of the Republic of Ghana and the Champion on the African Union Financial Institutions, Africa’s multilateral financial institutions have collaborated and launched the Alliance of African Multilateral Financial Institutions (AAMFI). The auspicious inauguration, which took place on the sidelines of

PAPSS Expands into North Africa as Banque Centrale de Tunisie Becomes Thirteenth Member

Cairo, Tuesday 12 February 2023 – The Pan African Payment and Settlement System (PAPSS) is proud to announce the entry of Banque Centrale de Tunisie (BCT) into its network as its thirteenth Central Bank member, further strengthening its commitment to promoting seamless cross-border payment services and enhancing financial integration across the African continent. PAPSS, developed by African