Cairo – Egypt, 10 October 2024 – African bankers, financiers, legal practitioners, insurers, and professionals from regulatory agencies and corporates, from across the African continent involved in trade finance will gather in Windhoek, Namibia, from 5 to 8 November for the annual Afreximbank Trade Finance Seminar (ATFS) and Factoring Workshop. The event will address critical
Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
Cairo, 04 October 2024: – African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the
African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week
Paris, 03 Oct. 2024: – Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, 18 exceptional fashion brands from across Africa and the diaspora exhibited their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa initiative.
Fund for Export Development in Africa and Africa Finance Corporation power ARISE IIP’s US$443 Million capital raise
Dubai, 02 October 2024 — ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million. The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in
Afreximbank Joins Africa Collective & AfCFTA as Host Partner at Davos 2025
Switzerland, Davos, September 30, 2024: Africa Collective and the African Continental Free Trade Area (AfCFTA) Secretariat are happy to announce African Export-Import Bank (Afreximbank) as their Host Partner at Davos 2025, on the margins of the World Economic Forum. The strategic partnership between Afreximbank, Africa Collective and the AfCFTA Secretariat was borne out of a
Haiti becomes 12th CARICOM member state to accede to the Afreximbank Partnership Agreement
New York, 30 September 2024: – Haiti has become the 12th Caribbean Community (CARICOM) member state to accede the partnership agreement between and among CARICOM countries and African Export-Import Bank (Afreximbank). During a ceremony on September 25 at the Haitian Investment Forum, held on the sidelines of the 79th United Nations General Assembly (UNGA) in
National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance
Cairo, 25 September 2024: –In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in
Fund for Export Development in Africa (FEDA) announces strategic investment in Team Drogba, competing in the E1 Series
Kigali, 17 September 2024: The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), is pleased to announce a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship. This investment aligns with Afreximbank’s Creative Africa Nexus (CANEX) strategy,
Afreximbank and Government of São Tomé and Príncipe to host forum aimed at promoting investment and enhancing trade
São Tomé, 17 September 2024: – With an eye on promoting trade, investment and financing opportunities in São Tomé and Príncipe, African Export-Import Bank (Afreximbank), in partnership with the Government and the Promotion, Commerce and Investment Agency (APCI) of São Tomé and Príncipe are hosting the “São Tomé and Príncipe Investment Forum.” The forum is
African Designers Take Center Stage at Tranoï Tokyo through CANEX Initiative
Tokyo, 11 Sept. 2024: – The vibrant spirit of African fashion took centre stage at the inaugural Tranoï Tokyo trade show on September 4-5, where 10 exceptional fashion brands from across Africa and the diaspora showcased their designs as part of Afreximbank’s CANEX Presents Africa initiative. Among the African brands that featured at Tranoï Tokyo
Afreximbank and The Africa Center in New York Announce the Launch of the Afreximbank Africa Diaspora Center During the 2024 Future Africa Forum
Policy-focused initiative to bridge information, opportunity, and investment gaps within the African Diaspora leading towards a more prosperous African future under the platform of Global Africa New York, NY 06th Sept. 2024 — The Africa Center and African Export-Import Bank (Afreximbank) have announced the upcoming launch of the Afreximbank Africa Diaspora Center (AADC), a groundbreaking initiative
Countdown begins to the fourth Intra-African Trade Fair (IATF2025) in Algiers
IATF2025 will build on past successful editions in promoting trade and investment across Africa Algiers, September 5, 2024 – Over 35,000 visitors from more than 140 countries across the world are expected to converge in Algiers, Algeria from 4– 10 September 2025 to attend the Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment