Afreximbank, Thelo DB Sign MoU for Railway Development in Africa

Johannesburg, South Africa, 12 Nov. 2019: The African -Export Import Bank (Afreximbank) and South Africa-based Thelo DB Proprietary Limited today in Johannesburg, South Africa, signed a memorandum of understanding (MoU) to develop, finance and operate railway projects in Africa. Under the terms of the MoU, signed on the sidelines of the ongoing Africa Investment Forum,

Afreximbank Urges Open Account Terms for Achievement of AfCFTA Intra-African Trade Goals

Durban, South Africa, 08 Nov. 2019: – The African Export-Import Bank (Afreximbank) has urged the use of open account terms for trade in Africa in order to facilitate the realization of the intra-African trade aspirations of the African Continental Free Trade Area (AfCFTA) and to enhance competitiveness. Kanayo Awani, Managing Director of the Intra-African Trade

Over 200 Receive Certificates as Afreximbank Trade Finance Seminar Ends

Durban, South Africa, 7 Nov. 2019: The African Export-Import Bank (Afreximbank) today in Durban, South Africa, awarded certificates in trade finance to more than 200 financial services professionals who participated in the 2019 Afreximbank Trade Finance Seminar. The seminar, which began on Monday, attracted attendance from all parts of the continent and was held as

Afreximbank Trade Finance Seminar Prepares African Bankers For Difficult Environment

Durban, South Africa, 4 Nov. 2019: The 2019 Afreximbank Trade Finance Seminar and Workshop opened in Durban, South Africa, today with Amr Kamel, Executive Vice President in charge of Business Development and Corporate Banking at the African Export-Import Bank (Afreximbank), saying that the Bank wanted to ensure that African banks and bankers were well-equipped to

President Putin Honours Afreximbank President with Russian National Award

Moscow, 04 Nov. 2019: – President Vladimir Putin of Russia today in Moscow bestowed the national honour of “The Order of Friendship” on Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank). The award took place during a ceremony held in the Kremlin, seat of the Government of the Russian Federation, and was witnessed

Russia-Africa Trade has Doubled Since Engagement, Says Afreximbank Chief

Sochi, Russian Federation, 24 Oct. 2019: – Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank) started engaging with the Russian Export Center to promote trade between the two sides, Bank President Prof. Benedict Oramah said yesterday. Prof. Oramah, who was speaking during the opening of the Russia-Africa

Afreximbank Announces Cotton Initiative

Cairo, 21 Oct. 2019: – The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the African cotton sector, Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative, has announced. Speaking during the launch of the African Corner at the World Cotton Day organised by the World Trade

Address Security Sector Corruption and Abuse of Power for Effective AfCFTA Implementation, Former AFRICOM Commander Urges at Babacar Ndiaye Lecture

Washington, D.C., 19 Oct. 2019: – To ensure effective implementation of the African continental Free Trade Area (AfCFTA) Agreement, African countries must address corruption and abuse of power in the security sector as they could impede and raise the cost of trade, Gen. William Ward, former Commander of the United States Africa Command (AFRICOM), said

Afreximbank President Receives Two Awards in the U.S.

Washington, D.C., 17 Oct. 2019: – Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), today in Washington, D.C., received the 2019 2019 Man of the Year Award from Diaspora Today magazine and the African Diaspora Distinguished Leadership Award of Prince Georges County of Maryland, United States. Presenting the two awards, Angela Alsobrooks, Prince

Registration Opens for 2020 Certificate of Finance in International Trade Programme

Cairo, 26 Sept. 2019: – The African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and University of Malta, today in Cairo announced the opening of registration for the 2020 cohort of the Certificate of Finance in International Trade (COFIT 2020) programme. The programme, which is open to banking and trade finance professionals from