Executive Vice President Mrs. Kanayo Awani Named “Woman Leader” at AFIS Awards 2022

Lomé, Togo, 28 November 2022 – African Export-Import Bank (Afreximbank) is delighted to announce that Mrs. Kanayo Awani has received the AFIS “Woman Leader” award at the annual Africa Financial Industry Summit (AFIS) 2022 in Lomé, Togo. The AFIS awards, founded in 2021, recognizes and rewards institutions and individuals who have made significant contributions to the

Afreximbank doubles funding facility for creative and cultural industries to US$1 billion

Abidjan, 29 November 2022 – The Creative Africa Nexus Weekend (CANEX WKND) brought together the largest gathering for the cultural and creative industries in Africa and the Diaspora in Abidjan, Côte d’Ivoire, from 25th to 27th  November 2022. Speaking at the opening of the three-day event on Friday evening, Professor Benedict Oramah, President and Chairman of the Board

Afreximbank co-organises The Zanzibar Trade and Investment Forum

Stone Town, Zanzibar,  25 November 2022 – African Export-Import Bank (Afreximbank) is pleased to announce its support of The Zanzibar Trade and Investment Forum which will take place on 30 November-1 December. The Forum will showcase investment opportunities and projects in Zanzibar, facilitate B2B engagements, as well as encourage joint ventures, partnerships and business deals within

Opening in Abidjan of CANEX Weekend

Abidjan, Côte d’Ivoire, 26 November 2022 – The Ivorian Prime Minster, Mr. Patrick Achi, opened, in Abidjan, on Friday, 25 November 2022, the Creative Africa Nexus Weekend (CANEX WKND), focusing on cultural and creative industries from Africa and the Diaspora. Organised by African Export-Import Bank (Afreximbank), in partnership with the Government of the Republic of

Afreximbank and Thelo DB renew partnership for the development of railways in Africa

Abidjan, Cote d’Ivoire, 23 November 2022 – African Export-Import Bank (Afreximbank) renewed a partnership agreement with South Africa-based Thelo DB Proprietary Limited (Thelo DB), signing a memorandum of understanding (MoU) to support railway corridor and network development, operations, including the opportunity to expand infrastructure and enhance operational efficiencies of existing networks. The MoU, which was first

Afreximbank Outlines US$3 Billion Country Programme for Kenya

Nairobi, 21st November 2022 – Kenya is set to benefit from a US$3 billion Country Programme from African Export-Import Bank (Afreximbank).  This was announced during a meeting between Kenya’s President, His Excellency Dr William Ruto, and Professor Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank. During the meeting held at State

Winners of ClimaTech Run 2022 competition announced at COP27

COP27-Sharm El-Sheikh, Egypt, – Two African startups, BleagLee and LiquidGold in addition to Ryp Labs, Earthly, Koltiva have been announced as winners of the ClimaTech Run 2022 during the COP27 Conference in Sharm, El Sheikh, Egypt. ClimaTech Run, a global multi-stage program included as part of the preparations for the United Nations (UN) Climate Change

FEDA invests $85 million into Arise IIP to support its pan-African growth strategy

17th November 2022 – The Fund for Export Development in Africa (FEDA) has announced a $85 million investment into ARISE Integrated Industrial Platforms (ARISE IIP), the pan-African infrastructure developer and operator. This deal demonstrates the confidence of FEDA in ARISE IIP’s development strategy. The investment agreement was concluded on 16 November 2022 in London, between Marlène Ngoyi, CEO of

The Liquidity and Sustainability Facility (LSF) closes inaugural $100 million repo transaction at COP27 with Afreximbank and Citi to improve the liquidity of African sovereign bonds, relying on innovative Triparty infrastructure developed with BNY Mellon and White & Case

Sharm El–Sheikh, Egypt, 14 November 2022 – The Liquidity and Sustainability Facility (LSF) designed by the United Nations Economic Commission for Africa (ECA), in collaboration with African Export-Import Bank (Afreximbank), announces at COP 27 it has concluded its inaugural repo transaction with Citi for an amount of USD 100 million.  This innovative transaction, with funding

Africa’s just transition demands a just formula guided by African priorities

Sharm El Sheikh, Egypt, 14 November, 2022 – Access to energy is a catalyst for development anywhere in the world. In Africa, energy poverty has been a major constraint not just to economic development but increasingly to trade. “These constraints can only be addressed if there is access to energy, and the energy gap is closed.

Afreximbank conducts business forum in Namibia

Cairo, 14 November 2022 – African Export-Import Bank (Afreximbank), in collaboration with the Namibia Trade Forum and the Ministry of Industrialisation and Trade, hosted a business forum in Windhoek, engaging various trading partners and stakeholders on its mandate to provide financial support, establish partnerships and oversee projects implementation processes. Afreximbank’s representatives introduced the business sector

Afreximbank asserts Africa’s common position at COP27

Sharm El–Sheikh, Egypt, 14 November 2022: The hosting of the COP27 conference in Africa signifies a unique opportunity for the continent to assert its needs, challenges and outlooks, and most significantly to drive the African Position on just transition. Historically this conference, focused on climate change and its humanitarian ramifications, has marginalized Africa – whose