Afreximbank Signs to Launch 300-Billion Naira Medium-Term Note Programme in Nigeria

Lagos, Nigeria, 27 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Lagos, Nigeria, signed documents to complete the registration of a 300-billion Naira medium-term note with the Securities and Exchange Commission under the Bank’s local currency programme in what will be the Bank’s first-ever Afreximbank local currency fund raising programme in Nigeria. President

Afreximbank Signs Term Sheet for $190 Million Facility to Made in Africa Inc.

Kigali, 17 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Kigali signed a term sheet with Made In Africa Inc. (MIA) to provide the company with a $190-million facility to finance the acquisition of a company involved in designing, producing and distributing African fashion fabrics. The facility, broken into two tranches, will also

Afreximbank Announces $500-Million Creative Industry Support Fund as CAX WKND Opens

Kigali, 17 Jan. 2020: – The Creative Africa Exchange Weekend (CAX WKND), Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry, kicked off in Kigali today with Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) announcing a $500-million envelope to support the production and trade of African cultural

Nigeria’s Imo State Allocates Land to Afreximbank for Quality Assurance Centre

Owerri, 09 Jan. 2020: – The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State of Nigeria for the development of an internationally accredited quality assurance centre in the state. Afreximbank is supporting the establishment of such internationally accredited

Over 2,000 Participants From 68 Countries Expected at CAX Weekend in Kigali

Cairo, 03 Jan. 2020: – More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) Weekend which opens in Kigali on 16 January in what the organisers are describing as Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry. Organised by Times Multimedia (TMM) and

Afreximbank Tops Bloomberg 2019 Book Running League Table

Cairo, 03 Jan. 2020: – The African Export-Import Bank (Afreximbank) has emerge on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ

Afreximbank Branch Office to Serve as Gateway into Central Africa

Yaounde, 11 Dec. 2019: – The new branch office being opened by the African Export-Import Bank (Afreximbank) in Yaounde will serve as the Bank’s gateway to the Central African region, Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking, has said. Speaking during a roadshow organised in Yaounde to present the Bank’s

Afreximbank Identifying Projects to Support Transformation of Cameroon’s Economy

  Douala, Cameroon, 11 Dec. 2019: – The African Export-Import Bank (Afreximbank) is in the process of identifying projects in the key sectors of Cameroon to assist the country to achieve a rapid transformation of the economy through trade, Rene Awambeng, Global Head of Client Relations of the Bank, has said. Mr. Awambeng, who was

GCR Grants Rating Upgrade to Afreximbank

Cairo, 06 Dec. 2019: – Global Credit Rating (GCR) has announced an upgrade of the African Export-Import Bank’s (Afreximbank) long-term international scale rating from BBB+ to A-. GCR also affirmed the Bank’s short-term rating at A2 and the outlook as stable. In the announcement released in Johannesburg, South Africa, yesterday, the rating agency said that,

President Museveni Commends Afreximbank for Role in Facilitating Investment

President Yoweri Museveni of Uganda has commended the African Export-Import Bank (Afreximbank) for the role it is playing in facilitating investment into his country. Speaking on 27 November when he received a delegation from Afreximbank accompanied by representatives of the Egyptian automotive company GB Auto Group and the Uganda Manufacturers Association, President Museveni said that

Afreximbank Sees Pathway to Structural Transformation of African Economies in Industrial Parks, Export Processing Zones

Cairo, 26 Nov. 2019: – The drive by the African Export-Import Bank (Afreximbank) to promote, facilitate and develop industrial parks and export processing zones is aimed at increasing value addition, broadening market access and promoting export development to support the structural transformation of the economies of its Member States, Oluranti Doherty, Head of the Bank’s