FEDA invests in Bloom Africa Holdings Limited to support its expansion in West Africa

Kigali, 17 April 2024: The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions

Algeria signs Hosting Agreement for Intra-African Trade Fair 2025

Algiers, 15 April 2024 – The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on 15 April 2024. The Ceremony, which was hosted by the African Export-Import Bank (Afreximbank), in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria,

Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations.

FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other key members of the investment community. Statements regarding the Bank’s

Afreximbank launches Policy Research Working Paper Series

Cairo, 04 April 2024: – African Export-Import Bank (Afreximbank) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS) and is inviting authors to submit manuscripts for publication. The APRWPS will provide a platform for Afreximbank staff, academics, scholars, institutions and practitioners to share preliminary research findings on topics concerning African trade, trade finance and

Afreximbank takes financing roadshow to Liberia as it seeks to boost trade & Investment

Monrovia, 03 April 2024 – African Export-Import Bank (Afreximbank) has concluded a three-day roadshow in Liberia in collaboration with the Ministry of Commerce and Industry of Liberia, Oakwood Green Africa, Loita Capital Partners International and Havit Inc., aimed at bolstering Liberia’s efforts to grow trade. This follows a prior edition of the roadshow held in

Afreximbank to offer Supply Chain Finance in Nigeria in partnership with Sterling Bank

Cairo, 29 March 2024: – African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates and commercial banks with relevant

Afreximbank closes $282 million “first-of-its-kind” India-focused club deal

Cairo, 28 March 2024: – The African Export-Import Bank (Afreximbank) has announced the successful completion of a “first-of-its-kind” India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders, and arranged by Bank of Africa UK PLC, the primary syndicated club deal saw participation from Indian lenders through their overseas branches and

Afreximbank bids farewell to long serving FCI Secretary General Peter Mulroy

Cairo, 26 March 2024: – The African Export-Import Bank (Afreximbank) has bid farewell to Peter Mulroy, the long serving Secretary General of FCI who has piloted the affairs of the global factoring body for the past 11 years, commending him for making Africa a priority by connecting the continent to the global factoring community. In

Afreximbank, CDP sign MoU for €200-million facility to support food security interventions across Africa

The financing will support the Bank’s interventions in food security and climate smart agriculture. The two also signed an MoU to enhance cooperation between Italian and African companies. Cairo, 25 March 2024: – Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have

AFREXIMBANK’S MANSA DIGITAL INITIATIVE ACHIEVES FOUR ISO STANDARDS CERTIFICATIONS FOR ITS INTEGRATED MANAGEMENT SYSTEM (IMS)

Cairo, 21 March 2024: The Africa Export-Import Bank (Afreximbank’s) MANSA Digital Initiative, a Pan-African due diligence platform, has been awarded four ISO standards for the effective implementation of its Information Management Systems (IMS). MANSA Digital Initiative is a pan-African customer due diligence platform created by Afreximbank to promote, expand and support both intra and extra