Sao Tome & Principe, 21 March 2023 – African Export-Import Bank (Afreximbank) has completed a two-day roadshow in Sao Tome and Principe in collaboration with the Government and BGFI Bank. Following the ratification of the Afreximbank establishment agreement by the Government of Sao Tome and Principe, the Bank is seeking to expand its support to
AFRICA CDC hosts lead partners of Partnerships for African Vaccine Manufacturing (PAVM) for review of vaccine manufacturing ecosystem in Africa
Kigali, 15 March 2023 – The Africa Centres for Disease Control and Prevention (Africa CDC) hosted its lead partners at a meeting on the sidelines of the Africa Health Agenda International Conference 2023 held in Kigali, Rwanda.The meeting, which took place from 9-10 March, was dedicated to identifying a clear set of annual objectives and
AfCFTA Secretariat and Afreximbank Sign AfCFTA Adjustment Fund Host Country Agreement with the Republic of Rwanda
Kigali, Rwanda, 13 March 2023 – The AfCFTA Secretariat and African Export-Import Bank (Afreximbank), on 10 March 2023 in Kigali, signed the Host Country Agreement for the AfCFTA Adjustment Fund with the Republic of Rwanda. The Agreement, signed by H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat; Mrs Kanayo Awani, Executive Vice President, Intra-African Trade
Zimbabwe Accedes to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement
Kigali, Rwanda, 7 March 2023 – The Republic of Zimbabwe became the sixth signatory to the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). The Agreement was recently signed by His Excellency Dr. Emmerson Dambudzo Mnangagwa, President of the Republic of Zimbabwe. This accession
Registration Opens For 2023 Certificate of Trade Finance in Africa (COTFIA)
Cairo, Egypt, 07 March 2023 – The Afreximbank Academy (AFRACAD) today in Cairo announced the opening of registration for the 2023 cohort of the Certificate of Trade Finance in Africa (COTFIA). This programme, developed in partnership with Factors Chain International (FCI) and the American University in Cairo (AUC), is open to all banking professionals and interested
Abidjan gears up for IATF2023 and galvanises the Ivorian business community
Abidjan, 27 February 2023 – In the run-up to the 3rd edition of the Intra-African Trade Fair (IATF2023), that will take place in Abidjan from 21st to 27th November 2023 in Abidjan, the organizers of the trade fair on 23rd February 2023 hosted the first of a series of roadshows to promote the trade fair
Republic of Mali follows Togo, Niger and Burkina Faso in adopting factoring law, developed in collaboration with Afreximbank
Bamako, Mali, 27 February 2023 – African Export-Import Bank (Afreximbank) celebrates the adoption and enactment of a factoring law in the Republic of Mali. Afreximbank’s Factoring Model Law was used as a guide for the development of La Banque des États de l’Afrique de l’Ouest (BCEAO’s) factoring law, which the Republic of Mali has adopted.
Afreximbank and Ndar Energies S.A. to develop 250 MW gas power plant in Saint Louis, Senegal
Dakar, Senegal, 22 February 2023 – African Export-Import Bank (Afreximbank) and Senegalese power company Ndar Energies S.A. have signed a Framework Agreement to finance the development of a Euro 430-million 250-Mega Watt combined cycle gas turbine power plant and gas pipeline in Saint Louis, Senegal. Under the terms of the Framework Agreement, signed by Mr.
Afreximbank President addresses CARICOM Summit, says Africa and Caribbean poised to make global capitalist economy work for them
Bahamas, 21 February 2023 – The people of Africa and the Caribbean are poised to make the global capitalist economy, which was built on the sweat and blood of African slaves, work for them, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said. Addressing leaders of Caribbean nations during the 44th Meeting of the Heads
Hon. Moses Kuria, Kenya’s Cabinet Secretary for Trade Calls on Afreximbank in Cairo-Egypt to pursue Facilities for Investments, Trade and Industrial renaissance under US$3 billion country programme
Cairo 15th February 2023, – African Export Import Bank (“Afreximbank” or the “Bank”) hosted a delegation led by the Kenyan Cabinet Secretary for Investment, Trade, and Industry, the Hon. Moses Kuria at its Head Office in Cairo, Egypt. The delegation was received by Mr Denys Denya, Executive Vice President for Finance, Administration and Banking Services. The
Afreximbank opens first African Quality Assurance Centre (AQAC) in Nigeria
Ogun State, Nigeria, 05 January 2023 – African Export-Import Bank (Afreximbank), on 21 December 2022, opened the first African Quality Assurance Centre (AQAC) in Ogun State, Nigeria, as part of its initiative to develop world-class quality assurance centres across Africa. The initiative is aimed at ensuring that Made-in-Africa products comply with international standards and technical
Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean
Cairo, Egypt, 26 December 2022– The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank’s various financial instruments. This Board approval follows the accession of 9 CARICOM member countries