Cairo, Egypt, 07 March 2023 – The Afreximbank Academy (AFRACAD) today in Cairo announced the opening of registration for the 2023 cohort of the Certificate of Trade Finance in Africa (COTFIA). This programme, developed in partnership with Factors Chain International (FCI) and the American University in Cairo (AUC), is open to all banking professionals and interested

Abidjan, 27 February 2023 – In the run-up to the 3rd edition of the Intra-African Trade Fair (IATF2023), that will take place in Abidjan from 21st to 27th November 2023 in Abidjan, the organizers of the trade fair on 23rd February 2023 hosted the first of a series of roadshows to promote the trade fair

Bamako, Mali, 27 February 2023 – African Export-Import Bank (Afreximbank) celebrates the adoption and enactment of a factoring law in the Republic of Mali. Afreximbank’s Factoring Model Law was used as a guide for the development of La Banque des États de l’Afrique de l’Ouest (BCEAO’s) factoring law, which the Republic of Mali has adopted.

Dakar, Senegal, 22 February 2023 – African Export-Import Bank (Afreximbank) and Senegalese power company Ndar Energies S.A. have signed a Framework Agreement to finance the development of a Euro 430-million 250-Mega Watt combined cycle gas turbine power plant and gas pipeline in Saint Louis, Senegal. Under the terms of the Framework Agreement, signed by Mr.

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

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

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

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

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

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

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

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