Bahamas, 21 February 2023 – The people of Africa and the Caribbean are poised to make the global capitalist economy, which was built on the sweat and blood of African slaves, work for them, Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said. Addressing leaders of Caribbean nations during the 44th Meeting of the Heads
Hon. Moses Kuria, Kenya’s Cabinet Secretary for Trade Calls on Afreximbank in Cairo-Egypt to pursue Facilities for Investments, Trade and Industrial renaissance under US$3 billion country programme
Cairo 15th February 2023, – African Export Import Bank (“Afreximbank” or the “Bank”) hosted a delegation led by the Kenyan Cabinet Secretary for Investment, Trade, and Industry, the Hon. Moses Kuria at its Head Office in Cairo, Egypt. The delegation was received by Mr Denys Denya, Executive Vice President for Finance, Administration and Banking Services. The
Afreximbank opens first African Quality Assurance Centre (AQAC) in Nigeria
Ogun State, Nigeria, 05 January 2023 – African Export-Import Bank (Afreximbank), on 21 December 2022, opened the first African Quality Assurance Centre (AQAC) in Ogun State, Nigeria, as part of its initiative to develop world-class quality assurance centres across Africa. The initiative is aimed at ensuring that Made-in-Africa products comply with international standards and technical
Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean
Cairo, Egypt, 26 December 2022– The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community (CARICOM) that have ratified the Partnership Agreement with Afreximbank to tap into the Bank’s various financial instruments. This Board approval follows the accession of 9 CARICOM member countries
Afreximbank’s FEDA receives internal approval to acquire strategic minority stake in Geregu Power Plc
23 December 2022– The Fund for Export Development in Africa (FEDA) is pleased to announce that it has received internal approvals to acquire a strategic minority stake in Geregu Power Plc, subject to satisfactory diligence and documentation. FEDA is the development impact investment platform of African Export-Import Bank (Afreximbank) with the mandate of providing capital
Afreximbank and U.S EXIM sign a US$500 million MOU
Washington DC, United States, 20 December 2022 – African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to enhance trade between Africa and the United States of America as well as expand commercial engagements of the African Diaspora community in the U.S. towards
Afreximbank launches TRADAR Club, a member-driven network to transform African trade and investments
Empowering members with Trade Intelligence, Advisory and Networking Opportunities Cairo, 19 December 2022: African Export-Import Bank (Afreximbank) on 15 December 2022 in Cairo operationally launched the Afreximbank TRADAR Club, a prestigious member-driven network aimed at empowering international businesses and executives to transform trade and investments in Africa through trusted trade intelligence and advisory services. According to Afreximbank, TRADAR
PAPSS achieves ISO 27701 Certification Demonstrating Ongoing Commitment to Stakeholders’ data Security and Privacy.
Cairo, 19th December 2022: PAPSS, the Pan-African Payment & Settlement System, today announces its certification against ISO27701:2019, an international standard for Privacy Information Management System. This just comes four months after achieving ISO 27001 certification, demonstrating PAPSS’ ongoing commitment to ensure stakeholders data collected and received for transaction processing are managed, shared and disposed in compliance with
Barbados Parliament ratifies Partnership Agreement with Afreximbank, as Guyana and Bahamas join CARICOM signatories
Bridgetown, Barbados, 05 December 2022 – African Export-Import Bank (Afreximbank) has applauded the ratification by the Barbadian Parliament of the Partnership Agreement with the Bank. Barbados, one of the nine member states of the Caribbean Community (CARICOM) that have so far signed the treaty, becomes the first to ratify it. The Partnership Agreement between Afreximbank and
Creative Africa Nexus and Portugal’s National Association of Young Entrepreneurs (ANJE) Call for Applications for the March 2023 Edition of CANEX PRESENTS AFRICA @ PORTUGAL FASHION
Cairo/Porto, 05 December 2022 African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) have launched a call for applications from Fashion Designers from Africa, the Caribbean, and the Diaspora to participate in the fourth edition of the flagship programme, CANEX Presents Africa @ Portugal Fashion, to take place in Porto, Portugal
Afreximbank doubles funding facility for creative and cultural industries to US$1 billion
Abidjan, 29 November 2022 – The Creative Africa Nexus Weekend (CANEX WKND) brought together the largest gathering for the cultural and creative industries in Africa and the Diaspora in Abidjan, Côte d’Ivoire, from 25th to 27th November 2022. Speaking at the opening of the three-day event on Friday evening, Professor Benedict Oramah, President and Chairman of the Board
Executive Vice President Mrs. Kanayo Awani Named “Woman Leader” at AFIS Awards 2022
Lomé, Togo, 28 November 2022 – African Export-Import Bank (Afreximbank) is delighted to announce that Mrs. Kanayo Awani has received the AFIS “Woman Leader” award at the annual Africa Financial Industry Summit (AFIS) 2022 in Lomé, Togo. The AFIS awards, founded in 2021, recognizes and rewards institutions and individuals who have made significant contributions to the