Cairo, Egypt 11 November 2024: – African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. BIL is a Nigerian conglomerate with diversified business interest spanning across, sugar and cement manufacturing, flour milling, oil milling, port logistics, real estate development, oil

Cape Town, 7 November 2024 – Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) 2024: Invest in African Energy conference,

Kigali, 06 November 2024: The Republic of The Gambia has acceded the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank). With this accession, The Gambia becomes FEDA’s nineteenth member, reinforcing its commitment to fostering economic growth and development. This milestone follows a wave of

Dubai, 5. November 2024 – ARISE IIP, the pan-African developer and operator of world-class industrial parks, has partnered with African Export-Import Bank (Afreximbank), and Rieter, the world’s leading supplier of systems for manufacturing yarn from staple fibres in spinning mills. The unprecedented partnership will spearhead the “Africa Textile Renaissance Plan” – a transformative initiative aimed

Kigali, 31 October 2024: The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), has announced the Republic of Malawi’s accession to the FEDA Establishment Agreement. This key milestone reflects the Fund’s growing support across Africa, bringing the total number of participating countries in FEDA to eighteen.

Afreximbank Announces Investment Conference in Kisumu, Kenya to Strengthen Sub-Sovereign Participation in Intra-African Trade Cairo, 28 October 2024: – In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank), in collaboration with

L-R: Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank at Afreximbank, H.E. Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank, Professor Yemi Osinbajo, SAN, GCON, the Immediate Past Vice President of the Federal Republic of Nigeria, H.E. Monique Nsanzabaganwa, Ph.D. Deputy Chairperson, African Union Commission and Mr. Denys Denya, Senior

Algiers, 28 October 2024 – The second edition of the Creative Africa Nexus Weekend (CANEX WKND 2024) has drawn to a close in Algiers, Algeria. The vibrant, four-day event convened 108 Exhibitors, 11 Masterclasses and close to 4,000 attendees from across 81 countries in Africa, the Caribbean and the diaspora – featuring creatives, industry leaders,

Algiers, 25 October 2024: – African Export – Import Bank’s (Afreximbank) Angel investors participating in a pitch session at the just-concluded CANEX WKND 2024 in Algiers have committed a total of US$350,000 in investment into the three best pitches presented at the competition. The pitch session, dubbed “CANEX Presents the Angels”, featured 12 creative entrepreneurs

Algiers, 24 October 2024 – Afreximbank’s CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited announced Cassava Republic Press, Nigeria as its inaugural winner for the 2024 CANEX Prize for Publishing in Africa. The award, which celebrates excellence in African publishing, recognised Cassava Republic Press for

Algiers, 23 October 2024: –  African Export-Import Bank (Afreximbank) and Mediwood Studios in Tunisia have signed a Term Sheet for a US$3 million facility aimed to Strengthen Mediwood’s position as a key contributor to the growth of the Tunisian film industry. As part of the agreement, signed on 19October 2024 on the sidelines of the

Algiers, 22 October 2024: – African Export-Import Bank (Afreximbank) has announced the signing of a EUR 245-million global facility with the New World Television (NWTV) network.  The funding will part finance the network’s acquisition of media licensing rights for selected broadcasting sport copyrights from global media rights holders to permit broadcast across Africa. The facility