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

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

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

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,

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

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

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

Cairo, 26 September 2022 – African Export-Import Bank (Afreximbank) has commended the Governments of Niger and Burkina Faso for adopting a factoring law to support the business activities of SMEs. The enactment of the factoring law by these two countries will support the emergence and growth of factoring, which in turn will support SMEs in

Cairo, 15 September 2022 – African Export-Import Bank (Afreximbank) is delighted to announce that Samallie Kiyingi, the Bank’s Director Legal Services, has won General Counsel of the Year at the African Legal Awards, held in Johannesburg. The African Legal Awards celebrate exceptional achievement among Africa’s legal elite, and this year the awards marked their ninth

Abidjan, 15 September 2022 – The next Creative Africa Nexus Weekend (CANEX WKND) will be hosted in Abidjan, Côte d’Ivoire, from 25 to 27 November 2022, the Government of Côte d’Ivoire and the African Export-Import Bank (Afreximbank) have announced. The announcement released today in Abidjan stated that Côte d’Ivoire had agreed to host CANEX WKND

Bridgetown, Barbados, 13 Sept. 2022: The three-day AfriCaribbean Trade and Investment Forum 2022 (ACTIF2022) hosted in Bridgetown, Barbados, ended on a high note with the signing of a total of 14 agreements and memorandums of understanding (MoUs) aimed at deepening economic ties between Africa and the Caribbean. The agreements, expected to form the foundation for

Bridgetown, Barbados, 03 September 2022: The AfriCaribbean Trade and Investment Forum 2022 (ACTIF2022) successfully concluded in Bridgetown, Barbados, with a commitment by participants to remove the scars of the past and build a commercial bridge towards forging a prosperous future for Africa and the Caribbean. In the communique presented at the end of the Forum,