Cairo/Porto, 25 February 2022 – African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) are putting out a call for applications from Fashion Designers from Africa, the Caribbean, and the Diaspora to participate in the 2022 edition of the flagship programme, CANEX Presents Africa @ Portugal Fashion, to take
Afreximbank and BAFT deliver correspondent banking training to African respondent banks
Cairo, 15 December 2021 – African Export-Import Bank (Afreximbank) and BAFT (Bankers Association for Finance and Trade) organized a successful series of training workshops for thirty African respondent banks between May and October 2021 to enhance their ability to obtain and maintain correspondent banking relationships. The three-day training session attended by over 170 participants from
Zimbabwean government grants land to Afreximbank for the construction of the Afreximbank Africa Trade Centre
Harare, 10 December 2021 – African Export-Import Bank (Afreximbank) has been granted land in Harare by the Zimbabwean Government to build a landmark centre for facilitating intra-African trade. Among other Afreximbank Africa Trade Centres (AATC) on the continent, the Harare AATC will house Afreximbank’s permanent regional office, a World-class hotel, a trade information centre, a
Afreximbank Trade Finance Seminar seeks to boost Africa’s trade finance capacity, knowledge and innovation
Cairo, 10 December 2021: – The implementation of the African Continental Free Trade Area (AfCFTA) would spur Africa’s industrialisation and long-term supply chain resilience, Mr. Amr Kamel, Afreximbank’s Executive Vice President in charge of Business Development and Corporate Banking, said Tuesday as the Bank opened its annual Trade Finance Seminar (ATFS) and workshop. Welcoming participants
Construction of the First African Medical Centre of Excellence Commences in Abuja
Abuja, 7th December 2021 – African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) today in Abuja, Nigeria. The Centre aims to provide world class healthcare across the continent in long-term partnership with King’s College Hospital, London (KCH), the official clinical partner for the AMCE.
Afreximbank signs US$50 million partnership with FONSIS to support project preparation activities in Senegal
Durban, 2 December 2021 – African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MOU) with Fonds Souverain d’Investissements Stratégiques (FONSIS) to provide project preparatory capital to assist public and private sector investors to progress projects from concept stage to bankability in a timely manner in Senegal. The agreement was signed on 16 November
The Communique of African Sub-Sovereign Governments Durban, KwaZulu-Natal, 18 November 2021
The conference On the sidelines of the IATF2021 Trade and Investment Conference, the Kwazulu-Natal Government and the African Export -Import Bank (Afreximbank) co-hosted a conference of African Sub-Sovereign Governments on 18 November 2021 under the theme: “African Sub-Sovereign Governments Network as a Vehicle for Promoting Intra-African Trade and Investment” in Durban, Kwazulu-Natal, South Africa.
IATF 2021 Generates US$42.1 billion Trade and Investment Deals
Durban, 29 November 2021 – The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The latest figures captured additional data submitted by Trade Promotion Agencies of Algeria, Nigeria and South Africa.
IATF 2021 Ends with Commitment to Strengthen the AfCFTA
Durban, 23 November 2021 – The second Intra-African Trade Fair (IATF 2021) has ended on Sunday in Durban, KwaZulu-Natal, South Africa, with a collective commitment to ensure that the economic stimulation triggered by the event translates into the continued strengthening of the African Continental Free Trade Area (AfCFTA). Speaking during the closing ceremony of IATF
Curtain comes down at IATF 2021 in Durban – Deals worth US$36 billion recorded so far
Durban, 22 November 2021 – Deals worth $36 billion were recorded as of 21 November 2021 at the second Intra Africa Trade Fair (IATF 2021). IATF 2021 took place from 15 to 21 November in Durban, KwaZulu-Natal, South Africa. Presenting the preliminary report of the IATF 2021, Mrs. Kanayo Awani, Managing Director of Afreximbank’s
Afreximbank signs US$50 million new debt financing for the Geometric Power IPP Power Project completing US$332 million recapitalisation
Durban, 20 November 2021 – African Export-Import Bank (Afreximbank) has signed a US$50 million Term Loan facility with Geometric Power Limited in connection with the Aba Integrated Power Project in Nigeria. The deal was signed on 15 November 2021 in Durban during the second Intra-African Trade Fair (IATF 2021). The facility provided by Afreximbank to
IATF2021 Exhibitions Showcase Businesses Developing Africa’s Trade Routes
Durban, 20 November 2021: The second Intra-African Trade Fair 2021 (IATF2021) featured exhibitors from a range of sectors in participating countries showcasing a variety of products and industries covering both industrial trade and the creative economy. Some of the entrepreneurs that stood out with their exhibitions included Mr. Monageng, a small-scale designer from the Northern