KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) have entered a Memorandum of Understanding (MOU) aimed at providing financial and trade facilitation support to investors operating in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million
Bank of Agriculture and Afreximbank Sign Agreement at IATF2025 for US$1 Billion Financing Programme to Support Bank of Agriculture’s National Smallholder Farmers Fund
ALGIERS, ALGERIA —16 September 2025 – The Bank of Agriculture (BOA), represented by its Managing Director/CEO, Mr. Ayo Sotinrin, has signed a landmark deal with African Export-Import Bank (Afreximbank), represented by the Executive Vice President for Intra-African Trade and Export Development, Mrs. Kanayo Awani. The agreement was finalisedduring the recently concluded and highly successful Intra-African
Winners of inaugural CANEX Junior Chef Competition unveiled
Algiers, 14 September 2025 – Fatma Zohra Bendjelida was crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition which celebrates young aspiring chefs’ creativity and flair in African cuisine and culture. Loubna Ali Cherif and Aouis Akkouch were named first and second runners up in the competition that was open to young
Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development
Algiers, Algeria, 15 September 2025 – African Export-Import Bank (Afreximbank) has marked a significant milestone in infrastructure development in Africa with the signing of a landmark Joint Project Preparation Facility (JPPF) Facility Agreement with the Government of the Republic of South Africa. The agreement was formalised during a ceremony on the margins of the just
Afreximbank and MDGIF sign strategic MoU to accelerate development of gas infrastructure in Nigeria
Algiers, 12 September 2025 –African Export-Import Bank (Afreximbank) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria. It was signed on the sidelines of the just ended fourth Intra-African Trade Fair (IATF2025)
IATF2025 ends on high note with record $48.3 billion in deals signed by participants
Algiers, Algeria, 11 September 2025: – The fourth Intra-African Trade Fair (IATF2025), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from
Togo, Algeria and Egypt shine in CANEX Shorts film contest
Algiers, 11 September 2025 – Short films from Togo, Algeria and Egypt scooped top prizes in the 2025 edition of CANEX Shorts competition, which recognises and celebrates the next generation of filmmakers from Africa and the Diaspora. The annual competition, run by the Creative Africa Nexus (CANEX), an intervention by African Export-Import Bank (Afreximbank), showcased
Basketball Africa League and Afreximbank expand multi-year collaboration to empower young professionals in Africa
ALGIERS, ALGERIA… Sept. 10, 2025 – The Basketball Africa League (BAL) and African Export-Import Bank (Afreximbank), a leading pan-African multilateral financial institution dedicated to financing and promoting intra- and extra-African trade, on Saturday announced an expansion of their multi-year collaboration to launch a series of initiatives to empower young basketball professionals in Africa by improving
Calls to nurture Africa’s creative and cultural industries as a frontier for economic growth
Algiers, 06 September 2025 – The creative and cultural industries in Africa and the Diaspora have been singled out for their potential to deliver immense economic benefits to the continent by driving industrialisation, trade, investment and inclusive development. Speakers at the official opening ceremony of the Creative Africa Nexus (CANEX) Summit called for support to
Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments
Algiers, Algeria, 9 September 2025: –African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership aims to unlock a cumulative investment value of at least US$1 billion and is set to significantly transform housing and urban development across the continent and
Karavan Press bags CANEX Book Factory Prize for Publishing in Africa 2025
Algiers, 07 September 2025 – Karavan Press, an independent publisher based in Cape Town, South Africa is the winner of the 2025 edition of the CANEX Book Factory Prize for Publishing in Africa that celebrates and recognises outstanding contributions of African publishers and authors to the literary world. Karavan Press was recognised for its book
Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference
Algiers, 06 September 2025 – African Export-Import Bank (Afreximbank) and the Government of Cross River State have officially signed a Hosting Agreement for the 6th African Sub-Sovereign Governments Network Investment Conference 2026, marking a significant milestone in regional cooperation and investment promotion across Africa. The agreement was signed during the Sub-Sovereign Business Engagement session held