Kinshasa, 10 August 2022 – Today theAfrican Export-Import Bank (Afreximbank) and the SADC Business Council (SADC BC) launched the SADC – Africa Trade and Investment Marketplace which aims to promote regional trade, unlock investment opportunities, deepen economic cooperation, and drive sustainable business growth between the SADC region and the rest of Africa. The SADC –
Barbados and Afreximbank Announce first-ever Africa-Caribbean Trade and Investment Forum
Bridgetown/Cairo, July 27, 2022 – The Government of Barbados and the African Export-Import Bank (Afreximbank) have announced the first-ever Africa-Caribbean Trade and Investment Forum (ACTIF) scheduled to take place in Bridgetown, Barbados, from August 31 to September 3, 2022. ACTIF2022 will be held under the theme “One People, One Destiny: Uniting and Reimagining Our Future”. The Forum aims to
Afreximbank and East African Business Council launch the EABC-Africa Trade and Investment Council
Cairo, 21 July 2022 – African Export-Import Bank (Afreximbank) and the East Africa Business Council (EABC) have launched the EABC – Africa Trade and Investment Council, with the goal of creating a platform for engagement and investment between the East Africa Community (EAC) and the rest of Africa, to unlock investment opportunities, private sector development
Afreximbank provides grant to Grand Africa Initiative to train African youth entrepreneurs on delivering AfCFTA goals
Cairo, 20 July 2022 – African Export-Import Bank (Afreximbank) has announced a grant to Grand Africa Initiative (GAIN) to train two hundred young African entrepreneurs on entrepreneurship and intra-African trade over a three-month period starting July 2022. The GAIN-Afreximbank Masterclass on Entrepreneurship and Intra-African Trade is a three-month programme designed to equip participants from across
Afreximbank renews its support to the Youth Alliance for Leadership and Development in Africa (YALDA)
Cairo, 20 July 2022 – African Export-Import Bank (Afreximbank) has announced the renewal of its technical and financial support to the Youth Alliance for Leadership and Development in Africa (YALDA), an international non-profit organisation that aims to contribute to the emergence of young African leaders and enhance youth participation in the implementation of the African
PAPSS is now ISO 27001 Certified, in commitment to global security standards.
Cairo, 19th July 2022: The Pan-African Payment and Settlement System (PAPSS) operated by African Export-Import Bank (Afreximbank) in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat and the African Union (AU), announced today that it has achieved the International Organisation for Standardisation (ISO) 27001 certification for its global operations. Following an external certification
The AfCFTA Secretariat, Afreximbank and WFP sign agreement to collaborate on agricultural development, climate action and trade in Africa
LUSAKA, 17 July 2022 – At the margins of the 4th Mid-year Coordination Meeting of the African Union taking place in Lusaka, Zambia, the African Continental Free Trade Area (AfCFTA) Secretariat, Afreximbank and World Food Programme (WFP) have signed a three-year memorandum of understanding (MoU) to disburse US$2 billion in farming loans and credit lines for agro-processors and commodity traders
Afreximbank Executive Vice President Amr Kamel appointed Chairman of the Board of Directors of the Arab International Bank
Cairo, 15 July 2022 – African Export-Import Bank (Afreximbank) is delighted to announce the appointment of its Executive Vice President, Mr. Amr Kamel, as Chairman of the Board of Directors of the Arab International Bank. Mr. Kamel’s recent appointment as Chairman builds on a rich and distinguished career in banking, stretching back to 1985. Prior
GCR upgrades Afreximbank’s rating to ‘A’
Cairo, 15 July 2022 – Global Credit Rating (GCR) has announced the upgrade of African Export-Import Bank (Afreximbank) international scale long-term issuer rating from A- to A, with stable outlook. The rating agency has also upgraded the international scale long-term issuer rating on the Bank’s Global Medium-Term Note (GMTN) Programme to A (Stable Outlook) and
Fitch Ratings upgrades Afreximbank to ‘BBB’
Cairo, 15 July 2022 – Fitch Ratings has upgraded African Export-Import Bank (Afreximbank) Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB-‘, noting that the outlook is “Stable”. Fitch Ratings highlighted that Afreximbank has strengthened its institutional role and raised its profile as the main multilateral development bank focused on supporting the public and private
Afreximbank Executive Vice President Amr Kamel to take early retirement
Cairo, 14 July 2022 – African Export-Import Bank (Afreximbank) today in Cairo announced the early retirement of Mr. Amr Kamel, Executive Vice President, Business Development and Corporate Banking, effective 31 July 2022. Mr. Amr Kamel has decided to take early retirement after 27 years of dedicated service to Afreximbank. He is one of the pioneers
Afreximbank signs an MoU with FCI and the American University in Cairo for the Delivery of the Certificate of Trade Finance in Africa Programme
Cairo, 07 July 2022: – African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with FCI (Global Association for Factoring and Receivables Finance) and the American University in Cairo (AUC) to deliver the Certificate of Trade Finance in Africa (COTFIA) programme. The MoU was signed on 20 June 2022 in Washington DC,