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
Afreximbank co-organises The Zanzibar Trade and Investment Forum
Stone Town, Zanzibar, 28 November 2022 – African Export-Import Bank (Afreximbank) is pleased to announce its support of The Zanzibar Trade and Investment Forum which will take place on 30 November-1 December. The Forum will showcase investment opportunities and projects in Zanzibar, facilitate B2B engagements, as well as encourage joint ventures, partnerships and business deals within
Opening in Abidjan of CANEX Weekend
Abidjan, Côte d’Ivoire, 26 November 2022 – The Ivorian Prime Minster, Mr. Patrick Achi, opened, in Abidjan, on Friday, 25 November 2022, the Creative Africa Nexus Weekend (CANEX WKND), focusing on cultural and creative industries from Africa and the Diaspora. Organised by African Export-Import Bank (Afreximbank), in partnership with the Government of the Republic of
Afreximbank and Thelo DB renew partnership for the development of railways in Africa
Abidjan, Cote d’Ivoire, 23 November 2022 – African Export-Import Bank (Afreximbank) renewed a partnership agreement with South Africa-based Thelo DB Proprietary Limited (Thelo DB), signing a memorandum of understanding (MoU) to support railway corridor and network development, operations, including the opportunity to expand infrastructure and enhance operational efficiencies of existing networks. The MoU, which was first
Afreximbank Outlines US$3 Billion Country Programme for Kenya
Nairobi, 21st November 2022 – Kenya is set to benefit from a US$3 billion Country Programme from African Export-Import Bank (Afreximbank). This was announced during a meeting between Kenya’s President, His Excellency Dr William Ruto, and Professor Benedict Okey Oramah, President and Chairman of the Board of Directors of Afreximbank. During the meeting held at State
Winners of ClimaTech Run 2022 competition announced at COP27
COP27-Sharm El-Sheikh, Egypt, 21 November 2022 – Two African startups, BleagLee and LiquidGold in addition to Ryp Labs, Earthly, Koltiva have been announced as winners of the ClimaTech Run 2022 during the COP27 Conference in Sharm, El Sheikh, Egypt. ClimaTech Run, a global multi-stage program included as part of the preparations for the United Nations
FEDA invests $85 million into Arise IIP to support its pan-African growth strategy
17th November 2022 – The Fund for Export Development in Africa (FEDA) has announced a $85 million investment into ARISE Integrated Industrial Platforms (ARISE IIP), the pan-African infrastructure developer and operator. This deal demonstrates the confidence of FEDA in ARISE IIP’s development strategy. The investment agreement was concluded on 16 November 2022 in London, between Marlène Ngoyi, CEO of
The Liquidity and Sustainability Facility (LSF) closes inaugural $100 million repo transaction at COP27 with Afreximbank and Citi to improve the liquidity of African sovereign bonds, relying on innovative Triparty infrastructure developed with BNY Mellon and White & Case
Sharm El–Sheikh, Egypt, 14 November 2022 – The Liquidity and Sustainability Facility (LSF) designed by the United Nations Economic Commission for Africa (ECA), in collaboration with African Export-Import Bank (Afreximbank), announces at COP 27 it has concluded its inaugural repo transaction with Citi for an amount of USD 100 million. This innovative transaction, with funding
Africa’s just transition demands a just formula guided by African priorities
Sharm El Sheikh, Egypt, 14 November, 2022 – Access to energy is a catalyst for development anywhere in the world. In Africa, energy poverty has been a major constraint not just to economic development but increasingly to trade. “These constraints can only be addressed if there is access to energy, and the energy gap is closed.