Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.

Cairo, 20 January 2025: –China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank (Afreximbank), recognising the Bank as a leading Multilateral Financial Institution (MFI) on the continent.  Afreximbank is the first African Multilateral Financial Institution to receive AAA rating from CCXI. In its 2024 Credit Rating Report

Prosper Africa and Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the U.S. and Africa

Washington, DC, January 17, 2024 – Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment capital, with

State of Libya joins Afreximbank membership agreement to boost African trade and development cooperation

Cairo, Egypt, 24 December 2024: The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement, becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed by

Afreximbank Signs landmark hydropower project in DRC

Cairo, Egypt, 18 December 2024: – African Export-Import Bank (Afreximbank) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical

Afreximbank and Egyptian Exporters Association empower 150 African SMEs with export readiness training

Cairo, Egypt, 16 December 2024: – One hundred and fifty small and medium-sized enterprises (SMEs) from 10 African countries are set to become Africa’s latest businesses positioned for the global export market with participation in the Export Readiness Programme (RERP) implemented by African Export-Import Bank (Afreximbank) and the Egyptian Exporters Association (Expolink) in Cairo, Egypt.

Afreximbank and Arise IIP commence the construction of the African Quality Assurance Center in GDIZ Benin to boost Intra-African trade: A landmark collaboration between Afreximbank and ARISE IIP

Glo-Djigbé, Benin… 4th December 2024 – African Export-Import Bank (Afreximbank) and ARISE Integrated Industrial Platforms (ARISE IIP) are proud to announce the commencement of construction works for the African Quality Assurance Centre (AQAC) in Glo-Djigbé Industrial Zone (GDIZ) in Benin on Tuesday, 27th November 2024. This landmark project is a collaboration between Afreximbank and ARISE

Afreximbank signs a US$10 Million Trade Finance Facility with Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading

Cape Town, South Africa, 2 December 2024: –African Export-Import Bank (Afreximbank) in Cape Town, South Africa, has agreed to provide a US$10 million-dollar revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. Under the terms of the agreement signed during the African Energy Week, Dorman Long

Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya

Kisumu, Kenya, 29 November 2024: –African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed to

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

Kisumu, Kenya, 27 November 2024 WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) and the United Cities and Local Governments of Africa (UCLG Africa) HAVING deliberated on the theme “Leveraging

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Kisumu, Kenya, 26 November 2024: – Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how