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
African Union Policy Conference Reaffirms Strong Linkages between Peace, Security and Development
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,
Afreximbank Signs US$635-Million Reserve-Based Facility Term Sheet with Amni International Petroleum Development Company Ltd.
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
Prime Minister of Barbados calls for a new global financial paradigm that is fair to all
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
Afreximbank President Oramah awarded Commander of the Order of the Niger (CON) by the President of Nigeria
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.
Afreximbank and FCI Hold Factoring Workshop in Kampala
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.
Afreximbank hosts a high-level dinner briefing reception for African Ambassadors to Cairo and Egyptian Ministry of Foreign Affairs officials
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
Ugandan Government grants land to Afreximbank for the construction of the Afreximbank Africa Trade Centre in Kampala
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