Afreximbank appoints Mr. Emmanuel Assiak as Acting CEO of FEDA

Cairo, 24 March 2020: – The Board of the Fund for Export-Development in Africa (FEDA), an equity, development impact-oriented subsidiary of African Export-Import Bank (Afreximbank) has appointed Mr. Emmanuel Assiak as Acting Chief Executive Officer (CEO) effective March 11, 2021, until the recruitment of a substantive CEO is finalised. Mr. Assiak has more than 28

Afreximbank to Collaborate with Nigeria Export-Import Bank to Provide Project Preparation Facilities in Support of Nigeria’s Exports

Cairo/Abuja, 24 March 2021: – African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund that will provide early project preparation financing and technical support services to public and private sector entities operating in Nigeria’s trade sector. Under the terms of

Intra-African Trade Fair (IATF2021) New Date Confirmed

Cairo/Kigali/Addis Ababa, 22 March 2021: – The second Intra-African Trade Fair (IATF2021) is now set to take place from 8 to 14 December 2021. African Export-Import Bank (Afreximbank), the African Union (AU) and the Government of Rwanda have decided to shift the date of the continental trade fair, which was previously scheduled to hold from

Afreximbank announces a US$350m Term Loan Facility for OCP Group

Cairo, 15 March 2021: – African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and leading fertilizer company. This facility will support OCP Group’s expansion plans across Africa. Prof. Benedict Oramah, President of

African Export-Import Bank and AfCFTA call on President of the Republic of Ghana H.E. Nana Akufo-Addo on the Pan-African Payments and Settlements System (PAPSS)

  Accra, 5 March 2021: – The President of African Export-Import Bank (Afreximbank) Prof. Benedict Oramah and the Secretary-General of the African Continental Free Trade Area (AfCFTA), Mr. Wamkele Mene called on His Excellency Nana Akufo-Addo at the Jubilee House in Accra. As the Champion of the African Union Financial Institutions, the meeting was to

AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa

Cairo, Johannesburg, 18 February 2021: – The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. Prof. Benedict Oramah, President of Afreximbank and Mike Whitfield, President of AAAM and Managing Director of Nissan

Afreximbank tops Bloomberg’s Africa Capital Markets League Tables as Mandated Lead Arranger, ranks highly in other categories

Cairo, 29 January 2021: – African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables”. This assessment of the Bank’s transactions recognizes the institution’s leadership role in mobilizing capital from both within and outside of the continent from a diverse