Nassau, The Bahamas, 27 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing sector, exporters and importers in Malawi. Under the terms of the agreement, signed during the just-concluded Afreximbank Annual Meetings (AAM2024) in Nassau, capital

Nassau, The Bahamas, 25 June 2024: – In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility to CBZ Bank Limited, Zimbabwe’s largest bank. The line of credit facility will strengthen financial

Nassau, The Bahamas – 21 June 2024 – The second day of African Export-Import Bank’s (Afreximbank) Annual Meetings (AAM 2024) that took place in The Bahamas from June 12 – 15 featured a highly informative Roundtable focusing on Factoring and Receivables Finance. This Roundtable brought together industry leaders, experts and stakeholders from Africa, the Caribbean

Nassau, The Bahamas…21 June 2024: – African Export-Import Bank (Afreximbank) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional development finance institution established to promote the development of the Economic and Monetary Community of Central Africa (CEMAC), have entered into a memorandum of understanding (MoU) formalising their cooperation and collaboration in promoting

Cairo, 21 June 2024: – Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for African Export-Import Bank (Afreximbank) at ‘BBB’, with a Stable Outlook. The agency also affirmed the Bank’s Short-Term IDR at ‘F2’ and the long-term ratings on the Bank’s Global Medium Term Note Programme and Debt Issuances at ‘BBB’. The ratings

Nassau, Bahamas 20 June 2024: –African Export-Import Bank (Afreximbank) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and Central

Paris, France – June 20, 2024: African Export-Import Bank (“Afreximbank” or “the Bank”) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced today on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Through this collaboration, Afreximbank has

Cairo, Monday, 19 June, 2024: On June 4, 2024, African Export-Import Bank (Afreximbank or the Bank) entered into a Cooperation Agreement with the Africa Centres for Disease Control and Prevention (Africa CDC) to leverage their strengths in boosting health systems across Africa and improving the livelihoods of African citizens. This milestone agreement underscores the commitment of

The second edition of the awards ceremony comes as African Export-Import Bank (Afreximbank) is promoting stronger ties between Africa and the Diaspora, in a push for a Global Africa ARISE Integrated Industrial Platforms (ARISE IIP), received the Pan African Business of the Year award for advancing industrialisation, export development, and economic transformation in Africa. Notably,

Nassau, The Bahamas: 13 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement for a US$100-million trade finance facility in favour of Rawbank to assist the Bank increase trade flows into and out of the Democratic Republic of Congo (DRC). The facility, the largest trade finance facility ever provided by Afreximbank to a

Nassau, The Bahamas, 12 June 2024: – Heads of State, Ministers, government officials, and renowned captains of industry were among the over two thousand delegates attending day one of the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) being held in Nassau, The Bahamas from June 12-15. Themed “Owning our Destiny: Economic Prosperity on the

Nassau, The Bahamas, 12 June 2024: –African Export-Import Bank (Afreximbank) today launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024 at the Afreximbank Annual Meetings (AAM) 2024 in Nassau, The Bahamas. The latter report forecasts that African economies will grow on average by 3.8% in 2024 – slightly ahead of