Abidjan, Cote d’Ivoire 5 November 2022 – African Export-Import Bank (Afreximbank) is pleased to announce that it has signed a Memorandum of Understanding with the Bank of Industry (BOI) for the establishment of a Joint Project Preparation Facility (JPPF) that will provide early-stage project preparatory financing and technical support services to public and private sector entities

Gaborone, Botswana, 4 November 2022 – African Export-Import Bank (Afreximbank) has announced a historic lending arrangement to Botswana, in the form of a three-year Country Programme of up to US$1.5 billion(on a net basis), with funding for up to seven years for eligible  transactions. The financing package has been designed to support key strategic projects

Abidjan, Côte d’Ivoire 3 November 2022 – African Export-Import Bank (Afreximbank) andthe Silverbird Group today signed a partnership agreement on the side-lines of the Africa Investment Forum to build West Africa’s largest and most modern educational and film studio complex in Lagos, Nigeria. The Partnership was signed by Mrs. Helen Brume, Director Project & Asset-Based

Cairo, Egypt; 3 November 2022 – African Export-Import Bank (Afreximbank), Egyptian Factoring Federation (EFF) and FCI co-hosted a regional promotion workshop in Cairo, Egypt on 24 October 2022 on factoring and receivables finance in partnership with the Financial Regulatory Authority (FRA). The workshop was themed  “Empowering Sustainable Trade Flows with Factoring – Facilitation of Egyptian Trade

Arusha, Tanzania, 31 October 2022– African Export-Import Bank (Afreximbank) hosted a webinar on intra-African trade and investment on 20 October 2022, alongside the East African Business Council (EABC). The conversation addressed key challenges confronting African businesses when approaching intra-African trade, recognizing that 80% of Africa’s small businesses have no access to trade finance and over

Cape Town, South Africa,28 October 2022 –African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the African Energy Chamber (AEC). The agreement provides a framework for collaboration to facilitate the harmonisation of the two institutions’ mutual efforts in support of the African energy sector. The MoU was signed by both Professor

Tangier, 28 October 2022: The first African Union (AU) Policy Conference on Promoting the Peace, Security, and Development Nexus concluded yesterday, in Tangier, Kingdom of Morocco, with the reaffirmation of the unwavering commitment to addressing the linkages between the Peace, Security and Development nexus. The Conference also committed to actively promote the triple nexus within the national,

Cape Town, South Africa,24 October 2022 –African Export-Import Bank (Afreximbank) has executed a term sheet with Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company, for a US$635-million reserve-based lending facility. The term sheet was signed on 18 October 2022 at the opening of the African Energy Week

Washington, DC, 20 October 2022 – The global financial architecture must be reconfigured completely to reflect the needs and participation of countries in the Global South, many of which were under the yoke of colonialism at the time the current order was fashioned, Her Excellency Prime Minister Mia Amor Mottley of Barbados has argued during

Abuja, Nigeria, 17 October 2022 – African Export-Import Bank (Afreximbank) is delighted to congratulate Professor Benedict Oramah, President, and Chairman of the Board of Directors of Afreximbank, on his conferment to the title of “Commander of the Order of the Niger” (CON), by the President of the Federal Republic of Nigeria, His Excellency Muhammadu Buhari.

Kampala, 14 October 2022 – Over 150 participants attended the African Export-Import Bank (Afreximbank) Factoring Workshop 2022, organized in collaboration with FCI in Kampala, Uganda, on October 6. Held alongside the Afreximbank Trade Finance Seminar, the theme of the conference was “Factoring, the liquidity solution for SMEs”. In her statement at the opening of the conference, Mrs.

Cairo, Egypt – African Export-Import Bank (Afreximbank) was delighted to host African Ambassadors in Cairo and officials of the Egyptian Ministry of Foreign Affairs, including Egyptian Ambassadors awaiting deployment to African countries, to a high-level dinner briefing reception in Cairo on 4th October 2022. The reception delegation was led by Dr. George Elombi, Afreximbank’s Executive