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
Afreximbank welcomes the adoption of factoring laws in Niger and Burkina Faso
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
Afreximbank’s legal director wins General Counsel of the Year at the African Legal Awards
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
Côte d’Ivoire to Host next CANEX Weekend in November
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
Signing of High-Profile Agreements and MoUs Herald Conclusion of ACTIF2022
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
ACTIF2022 ends with a commitment to building a commercial bridge for shared prosperity
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,
Africa and the Caribbean Can Remove Scars of Middle Passage Through Cooperation on Regions’ Great Issues, says PM Mottley of Barbados
Bridgetown, Barbados, 01 Sept. 2022: Africa and the Caribbean have it within their capacity “forever to remove the scars of the middle passage” by cooperating on the great issues confronting the two regions, Prime Minister Mia Mottley of Barabados said today at the opening of the first-ever AfriCaribbean Trade and Investment Forum (ACTIF2022) in Bridgetown,
Afreximbank reveals plans for Caribbean Exim Bank as AfriCaribbean Trade and Investment Forum opens
Bridgetown, Barbados, 1 September 2022 – The first-ever AfriCaribbean Trade and Investment Forum (ACTIF2022) opened today in Bridgetown, Barbados, with African Export-Import Bank (Afreximbank) announcing that it would work with governments of the Caribbean Community (CARICOM) to set up a Caribbean Exim Bank and that it envisaged committing an investment of US$700 million in the
Afreximbank attends ground-breaking ceremony for Gasmeth project in Lake Kivu, Rwanda
Lake Kivu, Rwanda, 31 August 2022 – African Export-Import Bank (Afreximbank) was delighted to attend the ground-breaking ceremony marking an historical milestone in the GasMeth Compressed Natural Gas project. The project, being developed by Gasmeth Energy Limited, has the capacity to rapidly transform the industrial and trade landscape of Rwanda and the broader East African sub-region. Afreximbank’s