Cairo – 16 June 2022: His Excellency President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, this morning officially opened the 29th Afreximbank Annual Meetings 2022 (AAM2022) in Cairo, Egypt. Co-hosted by African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE), the meetings have assembled more than 1,500 delegates, leaders and experts

Cairo, 15 June 2022 – African Export-Import Bank (Afreximbank) today in Cairo signed a cooperation agreement with Arise Integrate Industrial Platform (Arise IIP), establishing a partnership through which the Bank will offer financial and non-financial interventions to tenants in Arise Industrial Parks (IPs). The signing of the deal took place on 15 June 2022 on

Cairo, 15 June 2022- African Export-Import Bank (Afreximbank) has signed a US$35 million facility with AEE Power to support the energy company to enhance its operations across Africa. The signing of the deal took place on 15 June 2022 on the sidelines of the 29thAfreximbank Annual Meetings (AAM2022) taking place in Cairo, with Rene Awambeng, Global Head, Client Relations, Afreximbank, and Jose Ángel

Cairo, 15 June 2022 – “Africa’s problems are for Africans to solve,” Professor Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), told participants at the start of the 29th Afreximbank Annual Meetings (AAM2022) in Cairo. In an opening statement at the St. Regis Alamsa Convention Centre in Egypt’s

Cairo, 10 June 2022 – African Export-Import Bank (Afreximbank) is pleased to announce that Nigeria’s Bank Of Industry (BoI) €750 million Senior Participation Note issuance, for which Afreximbank’s Advisory and Capital Markets (ACMA) division acted as Global Coordinator and Active Bookrunner, has received the “Deal of the Year – Debt” award by the African Banker

Cairo – 6 June 2022 – African Export Import Bank (Afreximbank) has announced the disbursement of a US$300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority stake in Union Bank Plc, Nigeria (UBN). The deal will enhance the competitive dynamics of the Nigerian banking sector, while maintaining

Cairo, 03 June 2022 – African Export-Import Bank (Afreximbank) today announced agreed mandate to the International Islamic Trade Finance Corporation (ITFC) to raise a US$250 million Murabaha Financing facility, which will support Afreximbank’s Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA). The signing by Eng. Hani Salem Sonbol, CEO ITFC and Prof. Benedict Oramah,

Accra, 27May 2022 – Professor Benedict Oramah, President of African Export-Import Bank (Afreximbank), has been named African Banker of the Year at the African Banker Awards 2022 ceremony. This is the second time he has received the award, which was previously presented to him in 2017. The award recognises Professor Oramah’s contributions in championing an

CAIRO / ADDIS ABABA – 26 May 2022. African Export-Import Bank (Afreximbank) has renewed its technical and financial support to the Coalition for Dialogue on Africa (CoDA). After two years of successful collaboration, the two institutions have embarked on a new three-year partnership. Afreximbank is one of the four ex-officio board members and partner of

Cairo, 20 May 2022 – African Export-Import Bank (Afreximbank) has signed an Agreement with the African Petroleum Producers Organization (APPO) according to which both parties will collaborate on the establishment of an African Energy Transition Bank in support of an Africa-led energy transition strategy. The new institution will accelerate Africa’s economic development, whilst ensuring this

Brazzaville, 20 May 2022 – African Export-Import Bank (Afreximbank) and FCI concluded a two-day conference last week in Brazzaville, Republic of Congo, to promote factoring and receivables finance in the Central Africa region. The event which held during 12-13 May, attracted about 250 participants from 15 countries in finance, legal and business sectors, as well

Having regard to the long, mutually beneficial relationship and cooperation between the African Petroleum Producers’ Organization (APPO) and African Export-Import Bank (AFREXIMBANK), Considering the current discussions by APPO and AFREXIMBANK to jointly establish an African Energy Transition Bank, Concerned about the challenge posed to the African oil and gas industry and Africa’s economic development, by