Kampala, Uganda, 7 October 2022 – African Export-Import Bank (Afreximbank) has been granted land in Kampala by the Ugandan Government to build an Afreximbank Africa Trade Centre (AATC). The infrastructure will facilitate the flow of trade information and provide trade services across the East Africa Region. The site, located at Nakasero in central Kampala, will
Afreximbank launches Academy to train 8,000 Africans on trade-related subjects each year
Kampala, Uganda, 6 October 2022: African Export-Import Bank (Afreximbank) has launched the Afreximbank Academy (AFRACAD), a learning, knowledge, and networking hub designed to help advance African trade through capacity building and leadership. AFRACAD was launched on 3 October 2022 in Kampala, Uganda, on the sidelines of the three-day Afreximbank Trade Finance Seminar by Prof. Benedict
Afreximbank and Government of Nigeria Sign Host Country Agreement for African Medical Centre of Excellence
Abuja, 5 October 2022 – African Export-Import Bank (Afreximbank) and the Government of the Federal Republic of Nigeria have signed the Host Country Agreement for the first African Medical Centre of Excellence (AMCE) currently under construction in Abuja, Nigeria. The agreement was signed on 30 September 2022 between Professor Benedict Oramah, President and Chairman of
The 23rd Afreximbank Trade Finance Seminar Opens in Kampala
Kampala, Uganda, 4 October 2022 – The 2022 Afreximbank Trade Finance Seminar (ATFS2022) and Factoring Workshop opened on 3 October in Kampala, Uganda. The three-day programme of presentations, panel discussions, interactive sessions and workshops focuses on managing the challenges of trade finance in the context of increased global economic uncertainty and the opportunities offered by
African sub-sovereign government leaders urged to take ownership of the AfCFTA
Abuja, 3 October 2022 – The second edition of the African Sub-sovereign Governments Network (AfSNET) conference, held on 30 September 2022 in Abuja, Nigeria, unanimously called on African sub-nationals to play their full role in facilitating the implementation of the African Continental Free Trade Area (AfCFTA). Organised by African Export-Import Bank (Afreximbank) in collaboration with
Communique of the 2nd African Sub-Sovereign Governments Network
Abuja, Nigeria, 30 September 2022 WE, the Network of African Sub-Sovereign Governments, having attended the 2ndAfrican Sub-Sovereign Governments Network (AfSNET) Conference jointly convened by the Nigeria Governors’ Forum (NGF) and the African Export-Import Bank (Afreximbank), under the theme “African Sub-Sovereign Governments Network-Championing Africa’s Development”; ACKNOWLEDGING that African sub-sovereign authorities and economies have a critical role
Afreximbank Trade Payment Services (AfPAY) launched
Harare, Zimbabwe, 29 September 2022 – African Export-Import Bank (Afreximbank) is delighted to announce the commercial launch of Afreximbank Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade on open account terms on behalf of identified African financial institutions and their clients. Afreximbank developed the product specifically
Afreximbank President Benedict Oramah wins 2022 Margaret H. Demant African Art Award, presented by the Detroit Institute of Arts
Detroit, Michigan, USA, 28 September 2022 – Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) has received in Detroit, Michigan, USA, the 2022 Margaret H. Demant African Art Award, presented by the Friends of African and African American Art (FAAAA) of the Detroit Institute of Arts. The
Afreximbank and the Nigeria Governors Forum Announce the 2nd African Sub-Sovereign Governments Conference in Abuja
Abuja, 28 September 2022 – African Export-Import Bank (Afreximbank), in collaboration with the Nigerian Governors Forum (NGF), has announced the second edition of the African Sub-Sovereign Governments Network (AfSNET) Conference set to take place on 30th September 2022 in Abuja, Nigeria. Under the theme “African Sub-Sovereign Governments Network, Championing Africa’s development”, the Conference will herald,
The Fund for Export Development in Africa (FEDA) announces its first close of US$670 million across four fund strategies
Kigali, 27 September 2022: The Fund for Export Development in Africa (“FEDA”), the impact investment arm of the African Export-Import Bank (“Afreximbank”), set up to support intra-African trade growth, value-add export development and industrialization, is pleased to announce its first close of US$670 million across its four fund strategies. Of the $670 million raised, $270
Africa Co-Guarantee Platform partners reaffirm commitment to catalyzing trade and investment
Cairo, 27 September 2022 – Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa. The partners pledged to extend direct transaction support for specific projects, including infrastructure development and
Afreximbank and Export Development Fund Limited of Malawi host inaugural Joint Project Preparation Facility (JPPF) Workshop in Lilongwe, Malawi
Cairo 26 September 2022 – African Export-Import Bank (Afreximbank) and Export Development Fund Limited (EDF) of Malawi recently co-hosted a workshop in Lilongwe under the theme “Leveraging Project Preparation to Unlock Industrialization and Export Development Opportunities in Malawi.” This first-of-a-kind workshop was aimed at raising awareness of the ongoing collaboration between Afreximbank and EDF in