Cairo, 15 November 2023: The African Export-Import Bank (Afreximbank) today in Cairo launched a new initiative that will open doors, allowing African contractors to capitalise on various infrastructure investments available across the continent. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, joined by Rania Al-Mashat, Minister of International Cooperation of
Wide-ranging discussions on trade and investment dominate on day five of IATF2023
Cairo, 14 November 2023: Attendees continued to hear wide-ranging discussions and comments on trade and investment issues on the fifth day of the third Intra-African Trade Fair 2023 (IATF2023) in Cairo yesterday. Egypt and Barbados celebrated Country Days by hosting investment forums. In a discussion at the Egypt investment forum, speakers highlighted opportunities for greater trade
Afreximbank commits $2 billion as partners sign agreement for Export Agriculture for Food Security Initiative
Cairo, 14 November 2023: The African Export-Import Bank (Afreximbank) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of Chad, Malawi, Zimbabwe and Egypt. The initiative seeks to initiative to improve food security in Africa. At a ceremony
Afreximbank presents platform to promote African participation in engineering, procurement and construction contracts
Cairo, 14 November 2023: The African Export-Import Bank (Afreximbank) today in Cairo presented an intra-African Engineering, Procurement and Construction (EPC) platform designed to empower African contractors to successfully bid for contracts by allowing for the seamless posting of key infrastructure projects within the EPC space in Africa for bidding by EPC companies. The presentation, which took
Egypt’s President urges consolidated effort to promote intra-African trade as he attends IATF2023
Cairo, 14 November 2023: President Abdel Fattah al Sisi of Egypt, participating in the third Intra-African Trade Fair (IATF2023) in Cairo today, called on countries across the continent to consolidate their efforts and promote intra-African trade. In an address at the Presidential Summit of the trade fair, the President said that Africa’s huge natural resources and
Afreximbank records deals worth about US$1 billion as IATF2023 continues
Cairo, 12 November 2023: The third day of the third Intra-African Trade Fair (IATF2023) concluded yesterday with attendees witnessing the signing of financing and other agreements valued in excess of one billion dollars between the African Export-Import Bank (Afreximbank) and several leading business entities from across the continent. United Bank for Africa PLC – US$
AfCFTA can break Africa’s colonial legacy of exporting raw materials and importing finished goods, IATF2023 participants hear
Cairo, 12 November 2023: The African Continental Free Trade Area (AfCFTA) can break Africa’s colonial legacy of exporting raw materials and importing finished goods, Jean-Louis Ekra, Deputy Chairperson of the Intra-African Trade Fair (IATF2023) Advisory Council and a former President of the African Export-Import Bank (Afreximbank), said today as the Trade and Investment Conference of
Afreximbank’s Executive Vice President, Mrs. Kanayo Awani, elected to FCI Executive Committee (EXCOM)
Cairo, 12 November 2023: – Afreximbank’s Executive Vice President in charge of Intra-African Trade Bank, Mrs. Kanayo Awani, has been elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring, invoice financing and asset-based lending industry. Mrs. Awani was unanimously elected at FCI’s 55th Annual Meeting in Marrakech, Morocco on 2nd of November
IATF2023 hosts launch of CANEX Prize for Publishing in Africa
Cairo, 10 November 2023: Acclaimed novelist Chimamanda Adichie and Narrative Landscape Press, in partnership with Creative African Nexus (CANEX) and the African Export-Import Bank (Afreximbank), yesterday in Cairo announced The CANEX Prize for Publishing in Africa. Designed to be awarded to the publisher of the best African fiction or non-fiction title, with the inaugural winner to be
Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023
Cairo, 10 November 2023: The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November. Positioned as
Afreximbank announces $1-billion African Film Fund
Cairo, 10 November 2023: The African Export-Import Bank (Afreximbank) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023 CANEX Summit held as part
Afreximbank sees intra-African trade as key to unlocking Africa’s true potential as third Intra-African Trade Fair opens
Cairo, 9 November 2023: The third Intra-African Trade Fair (IATF2023) kicked off in Cairo today with Chief Olusegun Obasanjo, former President of Nigeria and Chairman of the IATF2023 Advisory Council, saying that intra-African trade holds the key to unlocking Africa’s true potential and fuelling economic growth, fostering industrialisation and creating job opportunities for the people