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
Afreximbank and ECA sign Framework Agreement towards establishing Special Economic Zones for the production of Battery Electric Vehicles in DRC and Zambia
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
Afreximbank Board approves establishment of CARICOM Office in Barbados
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
Kenya, Congo and Chad Accede to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement
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
Afreximbank hosts a High-Level Core Team Consultation workshop to validate the National Export and Investment Strategy (NEIS) of the Government of South Sudan
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 –
Afreximbank partners with Nigeria to develop inland waterways along the Lower River Niger to facilitate intra-African trade
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
Afreximbank’s insurance subsidiary, AFREXInsure, secures its first transaction
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,
Afreximbank enhances financing facility for Fidelity Bank plc, from US$125 million to US$180 million
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
Afreximbank holds roadshow in Sao Tome & Principe
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
AFRICA CDC hosts lead partners of Partnerships for African Vaccine Manufacturing (PAVM) for review of vaccine manufacturing ecosystem in Africa
Kigali, 15 March 2023 – The Africa Centres for Disease Control and Prevention (Africa CDC) hosted its lead partners at a meeting on the sidelines of the Africa Health Agenda International Conference 2023 held in Kigali, Rwanda. The meeting, which took place from 9-10 March, was dedicated to identifying a clear set of annual objectives
AfCFTA Secretariat and Afreximbank Sign AfCFTA Adjustment Fund Host Country Agreement with the Republic of Rwanda
Kigali, Rwanda, 13 March 2023 – The AfCFTA Secretariat and African Export-Import Bank (Afreximbank), on 10 March 2023 in Kigali, signed the Host Country Agreement for the AfCFTA Adjustment Fund with the Republic of Rwanda. The Agreement, signed by H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat; Mrs Kanayo Awani, Executive Vice President, Intra-African Trade
Zimbabwe Accedes to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement
Kigali, Rwanda, 7 March 2023 – The Republic of Zimbabwe became the sixth signatory to the Establishment Agreement of the Fund for Export-Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). The Agreement was recently signed by His Excellency Dr. Emmerson Dambudzo Mnangagwa, President of the Republic of Zimbabwe. This accession