Afreximbank and Arise IIP commence the construction of the African Quality Assurance Center in GDIZ Benin to boost Intra-African trade: A landmark collaboration between Afreximbank and ARISE IIP

Glo-Djigbé, Benin… 4th December 2024 – African Export-Import Bank (Afreximbank) and ARISE Integrated Industrial Platforms (ARISE IIP) are proud to announce the commencement of construction works for the African Quality Assurance Centre (AQAC) in Glo-Djigbé Industrial Zone (GDIZ) in Benin on Tuesday, 27th November 2024. This landmark project is a collaboration between Afreximbank and ARISE

Afreximbank signs a US$10 Million Trade Finance Facility with Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading

Cape Town, South Africa, 2 December 2024: –African Export-Import Bank (Afreximbank) in Cape Town, South Africa, has agreed to provide a US$10 million-dollar revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. Under the terms of the agreement signed during the African Energy Week, Dorman Long

Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya

Kisumu, Kenya, 29 November 2024: –African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed to

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

Kisumu, Kenya, 27 November 2024 WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) and the United Cities and Local Governments of Africa (UCLG Africa) HAVING deliberated on the theme “Leveraging

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Kisumu, Kenya, 26 November 2024: – Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

Cairo, Egypt, 18 November 2024: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M’2024). The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels,

Afreximbank President Prof. Benedict Oramah awarded 2024 Medal of Glory for visionary leadership

Miami (U.S.A), 14 November 2024: – Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) has received the 2024 Medal of Glory award presented by the AGOA Civil Society Organization Network in Miami, United States. Presented during the 25th Annual U.S.-Africa Trade and Investment Conference/Expo (AfriCANDO 2024),

Afreximbank successfully prices its inaugural Samurai bonds, raising JPY 81.3 billion (about USD 530 million equivalent) comprising JPY 67.2 billion 5 regular tranches and JPY 14.1 billion 3-year Retail Samurai (“The Transaction”)

Tokyo, Japan – 14 November 2024… African Export-Import Bank (Afreximbank) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting of 2-year, 3-year, 5-year, 7-year and 10-year fixed rate tranches. Concurrently, the Bank launched its inaugural Retail Samurai bond with a 3-year fixed-rated tranche valued at JPY 14.1 billion.

Over $370 million secured in Engineering, Procurement, and Construction deals at Afreximbank’s Lagos workshop

Lagos, Nigeria 14 November 2024: – During the recently held African Export-Import Bank (Afreximbank) Intra-African Engineering, Procurement and Construction (EPC) workshop in Lagos participants formalised business deals totalling over US$370 million, a significant step towards empowering African contractors. The deals, signed during the workshop held in Lagos on 28 October, included a US$300-million Global facility

Afreximbank asserts Africa’s climate position at COP29; advocates for a just and equitable energy transition for economic development

Baku, Azerbaijan… 13 November 2024 – African Export-Import Bank (Afreximbank) is participating at COP29 in Baku, Azerbaijan, where it is doubling-down on its commitment to facilitating a just energy transition for Africa that supports the continent’s critical development needs and unlocks its economic potential. The Bank’s participation will align with the African Union’s Nairobi Declaration