Cairo, 22 March 2022 – The 3rd Annual Board of Governors (BoG) Meeting of the Arab-Africa Trade Bridges (AATB) Program recently held in Cairo, Egypt, chaired by Dr. Hala ElSaid, Minister of Planning and Economic Development, convened all partners, strategic stakeholders, and public and private sector players in the Program to reinforce the role of
Afreximbank agrees to a US$207 facility with NEXI in support of efforts to combat Covid-19
Cairo, 17 March 2022 – African Export-Import Bank (Afreximbank) today in Cairo announced the finalization of a US$207 million facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned Japanese organization focused on trade and investment. The facility will support the Bank’s broader response measures to the Covid-19 pandemic, especially its financing efforts for
Afreximbank congratulates the Republic of Congo as it adopts Factoring Law
Cairo, 10 March 2022: – African Export-Import Bank (Afreximbank) announced that the Republic of Congo has enacted a factoring law to support business activities. The Bank congratulated the Republic of Congo saying that the move constitutes a critical milestone in its efforts to increase Africa’s share of global factoring volumes from its current level of
Afreximbank in collaboration with the Djibouti Chamber of Commerce conducts a roadshow for the Business Community
Cairo, 4 March 2022 – African Export-Import Bank (Afreximbank) and the Djibouti Chamber of Commerce (CCD) conducted a three-day business roadshow in the country, to promote the Bank’s programmes, facilities, and initiatives to stakeholders, including Government Agencies, Parastatals, Financial Institutions and the businesses community among others. The roadshow consisted of a one-day seminar
Partnership between Agence Française de Développement and Afreximbank to support the fight against the Covid-19 pandemic
Cairo, 23 February 2022 – As part of the EU-AU Summit held in Brussels from 17 to 18 February, Rémy Rioux, Director General of AFD, and Professor Benedict Oramah, President of Afreximbank, sealed a strategic partnership between AFD and Afreximbank. A first 50 M€ financing agreement for the support to vaccination against Covid-19 on the
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,
Registration Opens For 2022 Certificate of Trade Finance In Africa Programme
Cairo, 16 February 2022: – African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and American University in Cairo, announces the opening of registration for the 7th cohort of the Certificate of Trade Finance in Africa (COTFIA 2022) 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.
AfCFTA Secretariat and Afreximbank sign an agreement for the management of the AfCFTA Adjustment Fund
Cairo (Egypt), 9 February 2022: – The African Continental Free Trade Area (AfCFTA) Secretariat and African Export-Import Bank (Afreximbank), today in Cairo signed an Agreement relating to the management of the Base Fund of the AfCFTA Adjustment Fund.
Afreximbank signs an MoU with the National Bank of Ethiopia to support Ethiopian Commercial Banks, Corporates, and Public Sector Entities
Addis Ababa, 08 February 2022: – African Export-Import Bank (Afreximbank) and the National Bank of Ethiopia (NBE) have signed a Memorandum of Understanding (MoU) to harmonise their efforts for the promotion of trade and investment flows between Ethiopia and other African countries.
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