Kigali, Rwanda, 02 May 2023 – The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement. FEDA described the accession by

Cairo, 26 April 2023 – The Pan African Payment and Settlement System (PAPSS) and the African Stock Exchanges Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border payments of Capital Markets infrastructure in Africa. The MoU was signed on 14 April 2023 during the ASEA 2023 Building

Cairo, Egypt, 18 April 2023 – African Export-Import Bank (Afreximbank) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC region. Signed on behalf of the two institutions by Kanayo Awani, Executive Vice

Cairo, Egypt, 13 April 2023 – The 30th Annual Meetings of African Export-Import Bank (Afreximbank) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the Vision. Building Prosperity for Africans”. The 30th Afreximbank Annual Meetings and 30th Anniversary

Kinshasa, DRC, 11 April 2023 – African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a Framework Agreement with the Democratic Republic of Congo and the Republic of Zambia for the establishment of Special Economic Zones (SEZ) for the production of Battery Electric Vehicle (BEV) and related services. Under the

Cairo, Egypt 04 April 2023 – African Export-Import Bank (Afreximbank) has announced that its Board of Directors has approved the opening of the Bank’s CARICOM Office to be established in Barbados. Afreximbank CARICOM Office will support the implementation of the Partnership Agreement, entered into by, and between, Afreximbank and CARICOM Member States aimed at expanding

Kigali, Rwanda, 30 March 2023 – The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). These successive accessions provide positive momentum for FEDA and demonstrate a shared commitment from Afreximbank Member Countries

Nairobi, Kenya, 29 March 2023 – African Export-Import Bank (Afreximbank) was pleased to host a high-level workshop to validate the National Export and Investment Strategy (NEIS) of the Government of South Sudan. Part of the Bank’s wider Export Development Advisory offering, the workshop – which occurred between the 6th and 8th March in Nairobi –

Abuja, Nigeria, 27 March 2023 – African Export-Import Bank (Afreximbank) in its role as a systemically important and market-failure bank for Africa provided a grant of US$350,000 and leveraged on its partnership with the Nigerian Export-Import Bank (NEXIM), the Federal Ministry of Transportation and the Nigerian Navy to facilitate the movement of goods using navigable waterways

Cairo, 27 March 2023 – Afreximbank Insurance Management Company (AfrexInsure) – a wholly owned subsidiary of African Export-Import Bank (Afreximbank) – has completed its first insurance policy, facilitating the issuance of all-risk construction insurance cover to Oman Shapoorji Company (a Shapoorji Pallonji group company), in relation to the construction of the Afreximbank Africa Trade Center in Harare,

Cairo, 22 March 2023 – African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, Nigeria under the Afreximbank Trade Facilitation Programme (AFTRAF).The decision to increase Afreximbank’s support is consistent with the economic and commercial success of the financing facility, the first US$125 million of which has been

Sao Tome & Principe, 21 March 2023 – African Export-Import Bank (Afreximbank) has completed a two-day roadshow in Sao Tome and Principe in collaboration with the Government and BGFI Bank. Following the ratification of the Afreximbank establishment agreement by the Government of Sao Tome and Principe, the Bank is seeking to expand its support to