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

Titans of business recognised at the Afreximbank Pan-African Business and Development Awards

– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year –  Aliko Dangote GCON, Chairman & CEO of Dangote Group wins the Afreximbank Founder of the Year Award having recently opened his $19bn petrochemicals plant and Africa’s largest refinery – Ethiopian Airlines, which distributed critical medical equipment and

Afreximbank launches Insurance subsidiary to support intra-African trade 

Accra, 18 June 2023: – The African Export-Import Bank (Afreximbank) today in Accra launched its wholly owned insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and commerce sector in Africa.  Established in 2021, AfrexInsure is set

Afreximbank’s Annual Meetings 2023 opens in Accra with calls for more intra-African trade 

Accra, 18 June 2023: – The 30th Annual General Meetings of the African Export-Import Bank (Afreximbank) opened in Accra today with speakers highlighting the need for Africa to boost intra-African trade and integration in the face of the challenges resulting from the impact of the global COVID-19 pandemic and the adverse economic challenges due to the Ukraine

Afreximbank launches Insurance subsidiary to support intra-African trade

Accra, 18 June 2023: – The African Export-Import Bank (Afreximbank) today in Accra launched its wholly owned insurance management services subsidiary, AFREXInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and commerce sector in Africa. Established in 2021, AFREXInsure is

São Tomé and Príncipe Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

Kigali, 15 June 2023:  The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of the African Export-Import Bank (Afreximbank), has announced that Democratic Republic of São Tomé and Príncipe has become the latest country to sign the FEDA Establishment Agreement. The accession to the agreement, achieved under the guidance of Prime Minister

Afreximbank’s African Medical Centre of Excellence wins Best Health Deal Award.

London, 14 June 2023: – The African Medical Centre of Excellence (AMCE), under development by the African Export-Import Bank (Afreximbank) in Abuja, Nigeria, has received the award for the Best Health Deal in the Europe, Middle East, and Africa (EMEA) region. The award, presented at the 15th Annual EMEA Finance Achievement and Project Awards Charity

Afreximbank Provides Egypt’s CIAF Leasing with US$44 million Aircraft Financing Facility

Cairo, 7 June 2023: – The African Export-Import Bank (Afreximbank) has provided Egypt-based CIAF Leasing with a US$44-million aircraft financing facility for the acquisition of three Embraer E-190 aircraft to strengthen the company’s leasing operations. With Afreximbank as senior debt provider and the Brazilian National Development Bank (BNDES) providing an export credit funding line, the transaction

Cairo named new venue for 3rd Intra-African Trade Fair

IATF2023 now set for 9-15 November 2023 Cairo, Egypt, 29 May 2023: The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023. The IATF2023 Advisory Council said in Cairo that the decision to change