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

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