Afreximbank to advance Zanzibar’s development agenda

  Cairo, 21 February 2022 – African Export-Import Bank (Afreximbank) and the Revolutionary Government of Zanzibar have agreed to collaborate to industrialize and diversify Zanzibar’s economy by pursuing a sustainable and inclusive economic growth underpinned by a robust blue economy with cross linkages to priority sectors

Afreximbank signs EUR250 million loan agreement with KfW, acting on behalf of German Federal Ministry for Economic Cooperation and Development (BMZ)

Cairo, 17 February 2022 – African Export-Import Bank (Afreximbank) is delighted to announce the signing of a loan agreement of an amount of EUR 250 million with the German Development Bank KfW, acting on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). The loan will support the Bank’s Covid-19 intervention programme,

Afreximbank’s Advisory & Capital Markets Division (“ACMA”) acts as Global Coordinator and Active Bookrunner on Nigeria’s Bank of Industry EUR 700 million 5-year 144A/RegS Debut Eurobond Issuance

Cairo, 16 February 2022: – On 9th February 2022, the Advisory & Capital Markets (“ACMA”) Division of African Export-Import Bank (“Afreximbank” or the “Bank”) acted as Global Coordinator and Active Bookrunner to Nigeria’s Bank of Industry (“BOI” or the “Issuer”) on its EUR 700 million 144A/RegS 5-year Senior Eurobond Issuance.

Banque Misr invests paid-in amount of USD 80.5 million in Afreximbank’s General Capital Increase and becomes the largest non-sovereign shareholder

Cairo, 07 February 2022: – Banque Misr has announced an investment of US$201.1 million in African Export-Import Bank (Afreximbank), of which US$80.5 million is paid-in. The investment has made Banque Misr the largest non-sovereign shareholder of Afreximbank. This equity investment is a positive and strategic response to the ongoing General Capital Increase by Afreximbank. Banque

Afreximbank’s Fund for Export Development in Africa (FEDA) invests in Mauritania’s leading FMCG company TND SA to develop local poultry and dairy production

Kigali, 7 February 2022: – African Export-Import Bank (Afreximbank) has announced an investment by the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, into TND SA, a leading FMCG Company in Mauritania. This investment will help to diversify TND’s business beyond importation to include integrated manufacturing of dairy and poultry products, in

Afreximbank’s Fund for Export Development in Africa (FEDA) invests in Ecow-Gas to promote LNG distribution in West Africa

Kigali, 3rd of February 2022: – Fund for Export Development in Africa (FEDA), a development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has announced that it has invested into Ecow-Gas B.V. (Ecowgas), a Liquefied Natural Gas (LNG) distribution infrastructure platform in the West Africa region. Due to limited power supply from the grid, the industrial

Afreximbank closes landmark EUR 200 million and USD 166 million dual-tranche facility for Uganda

Cairo, 27 January 2022 – African Export Import Bank (Afreximbank) has concluded a landmark 10-year, dual tranche facility of €200 million and US$166 million for the Government of Uganda. The transaction was structured using the Bank’s innovative specialised finance solution, introduced to facilitate access to long term finance by African sovereigns and other eligible entities.

Pan-African Payment and Settlement System Launched by President Akufo-Addo Foreseeing $5 billion Annual Savings for Africa

Accra, 13 January 2022: – Ghana President H.E Nana Addo Dankwa Akufo-Addo, represented by the Vice President H.E Dr. Mahamudu Bawumia today in Accra, hosted and presided over the commercial launch of the Pan-African Payment and Settlement System (PAPSS), observing that the ground-breaking platform will save Africa more than US$5 billion annually in payment transaction