Nairobi, 17 July 2023: – The African Export-Import Bank (Afreximbank) today in Nairobi announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series of development projects in the country’s Damerjog Industrial Development Free Trade Zone. The deal, announced after a meeting between Afreximbank President
Gemcorp, Africa Finance Corporation and Afreximbank announce the financial close of Cabinda Oil Refinery with a US$335-million project financing facility
On completion of phase 1, the refinery will process 30,000 barrels of crude oil per day, delivering c. 10% of the country’s total demand for refined oil products LONDON and CAIRO, Egypt and LAGOS, Nigeria, July 17, 2023 — Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) are pleased to
Afreximbank, Digiloop sign MoU to Collaborate to Boost Sovereign Client’s Revenue Origination Capacity in Africa
Cairo, 11 July 2023: – The African Export-Import Bank (Afreximbank) and Digiloop, a Mauritius-based leading provider of technology-driven project finance solutions, have signed a memorandum of understanding (MoU) to collaborate in revenue origination, enhancement, and monitoring services across Africa. The MoU, signed by Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank, Afreximbank, and Sabelo
AFREXIMBANK LAUNCHES THE AFRICAN TRADE REPORT 2023
Accra, 10 July 2023: – The African Export-Import Bank’s (Afreximbank), 2023 edition of the African Trade Report (ATR2023) was launched at the Bank’s Annual Meeting – AAM2023 and 30th Anniversary celebrations in Accra, Ghana. Launching the ATR2023 along with HE Ambassador Albert Muchanga, the African Union Commissioner for Economic Development, Trade, Industry and Mining, Professor
Cairo Hosts IATF2023 Business Roadshow to Promote Trade Between Egypt and Africa
Cairo, Egypt – July 9, 2023: The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat and the Ministry of Trade & Industry of Egypt hosted a high-level business roadshow,ahead of the Intra-African Trade Fair (IATF 2023) scheduled to hold on the 9th to
Guyana To Host Second AfriCaribbean Trade and Investment Forum 30-31 October 2023.
Georgetown, Guyana, 7 July 2023: – The second AfriCaribbean Trade and Investment Forum (ACTIF23) will be hosted in Georgetown, Guyana, from 30 to 31 October 2023, African Export-Import Bank (Afreximbank) and Government of Guyana (GoG) announced today. Organised under the overarching theme “Creating a Shared Prosperous Future”,and convened by Afreximbank and the GoG, ACTIF23 will
The Arab-Africa Trade Bridges Program Launches AATB Food Security Program
The Launch Event placed the limelight on Global Food Security Issues and Provided Engagement and Collaboration Opportunities for African and Arab Businesses in the Agricultural & Food Sectors Cairo, 6 July 2023 – The Executive Committee of The Arab-Africa Trade Bridges (AATB) Program, a multi-donor, Inter-regional program, launched a US$1.5 billion Food Security Program to
Afreximbank signs Eur 19.6m Financing Agreement with Al Mahaliya for Dairy Processing in Mauritania
Accra, 23 June 2023: The African Export-Import Bank (Afreximbank) and Al-Mahaliya Inc. of Mauritania recently signed a EUR 19.6 million financing agreement for the development of a 100-metric tonnes per day dairy processing and bottling plant in Nouakchott. The agreement, signed on the sidelines of the 30th Afreximbank Annual Meetings (AAM2023), is expected to boost the local
Afreximbank and UTM Offshore to develop Floating LNG project in Nigeria
ACCRA, 23 JUNE 2023: The African Export-Import Bank (Afreximbank) and UTM Offshore Limited signed a Project Preparation Facility Agreement to develop, design, and construct Nigeria’s first indigenously owned Floating LNG facility with a nameplate production capacity of 1.2 million metric tons per annum in Akwa Ibom State, Nigeria. The agreement was signed on the side lines
Afreximbank and President Oramah Awarded at the Prestigious All Africa Business Leader Awards
Sun City, South Africa, 23rd June 2023 – At the 11th All Africa Business Leaders Awards (AABLA) held in South Africa, Afreximbank was named “African Company of the year” andPresident and Chairman of the Board of Directors, H.E Professor Benedict Oramah was recognized as the “Business Leader of the Year”. The award’s finale was celebrated
Afreximbank launches Africa Trade Gateway, a single window for digital services
Accra, 21 June 2023: – The African Export-Import Bank (Afreximbank), in collaboration with the AfCFTA yesterday in Accra launched the Africa Trade Gateway (ATG), a suite of five digital platforms that have been designed as a single window to enable the Bank better deliver on its mandate by providing critical services to support and promote African
ARIISE, Afreximbank sign term sheet for US$400 million facility for industrial parks
Accra, 19 June 2023: – The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) today in Accra signed a term sheet for a US$400 million tranche under a proposed US$1 billion global credit facility to support ARISE IIP in the development of industrial parks and Special Economic Zones (SEZs) in several African countries