Cairo, 12 June 2024: Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed a US$500,000,000-Dual Tranche Syndicated Term Loan Facility (the “Facility”) for the African Export-Import Bank (Afreximbank or the Borrower). ICBC and SCB acted as Coordinators, Initial Mandated Lead Arrangers and Bookrunners for the Facility,

Cairo, 10 June 2024: –African Export-Import Bank (Afreximbank) has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc (“Fidelity”) to support Fidelity Bank’s acquisition and recapitalization of Union Bank UK as part of its international expansion programme. Provided in two tranches of US$20 million each, the first tranche of the

Cairo, 10 June 2024: In a nod to its increasingly important contribution to Africa’s economic growth and development, Afreximbank has been recognised with a haul of 8 Awards at the EMEA Project Finance and EMEA Achievement Awards 2023 Charity dinners held in London on June 5 & 6 respectively. Hosted by EMEA Finance magazine, the

Cairo, 06 June 2024: –African Export-Import Bank (Afreximbank) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings the total current funded facility size to US$ 3.175 billion. Arranged and coordinated by Afreximbank, the accordion arrangement saw

Owerri, Imo State, Nigeria, 05 June 2024: – African Export-Import Bank (Afreximbank) has announced the commencement of project development activities of its second African Quality Assurance Center (AQAC) in Ngor Okpala, Imo State, Nigeria, in collaboration with Bureau Veritas. Project development activities were launched at an event held on 3rd June 2024 in Imo State

Cairo, Egypt, 4 June 2024: – African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ceremony held at the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt. The event

Malawi, Lilongwe… 3rd June, 2024 – His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank, Prof. Benedict Okey Oramah and the President-Founder of ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class industrial ecosystems, Mr. Gagan Gupta, have unveiled the

Cairo, 30 May 2024: – African Export-Import Bank (“Afreximbank”) has availed Horizons Clinic (Gambia) Limited a tailored US$16.8 million (Sixteen million, Eight Hundred Thousand United States Dollars) Construction and Medical Tourism Relay Facility (“CONMED”). The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the healthcare

Nairobi, 30 May 2024 – For the second year in a row, African Export-Import Bank (Afreximbank) has emerged as a double winner at the African Banker Awards, winning both the ‘Bank of the Year’ and ‘Deal of the Year (Infrastructure)’ awards. This prestigious recognition was announced at the awards gala ceremony held in Nairobi and

Cairo, Nassau, 29 May 2024: – Ghanaian President H.E. Nana Addo Dankwa Akufo-Addo, Prime Minister of The Bahamas H.E. Hon. Philip Davis, Prime Minister of Barbados Hon. Mia Mottley, and Guyana President H.E. Mohamed Irfaan Ali, will be among the leading top headliners at the 31stAnnual Meetings (AAM) of the African Export-Import Bank (Afreximbank) and

Kigali, 24 May 2024 –The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank). With Benin’s accession to the FEDA Establishment Agreement, the total number of participating African countries has risen to 17, following Nigeria’s

21 May 2024 – Afreximbank has officially announced the launch of the CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited. The CANEX Book Factory, a key intervention under the CANEX programme, aims to promote a vibrant literary culture across Global Africa and encourage the