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

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

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.

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

Cairo, 13 January 2022 Agence Française de Développement (AFD) and African Export-Import Bank (Afreximbank) signed on 9 December 2021 a 150-million-euro framework of intent to support the African Vaccine Acquisition Trust (AVAT) in its efforts to open up access to COVID-19 vaccines to African states based on a whole-of-Africa approach, while working together to provide

Cairo, 11 January 2022 – African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) have signed a Memorandum of Understanding (MOU) to promote trade and investment flows into Egypt. Under the MoU signed on 17 November 2021 in Durban at the Intra-African Trade Fair, the two institutions agreed to broaden and deepen their

African Export-Import Bank (Afreximbank) on 21 December 2021 successfully concluded a new three-year Syndicated Term Loan Facility, raising US$1.2 billion. Proceeds from the facility will be used to refinance existing facilities, general corporate purposes and for the payment of fees and costs associated with the Facility. Launched on 25 November 2021 to a limited group

  Durban, 24 December 2021 – The Creative Africa Nexus (CANEX) Summit and Live Theatre Programme that took place over 5 days at the second Intra-African Trade Fair 2021 (IATF 2021) holding between 15-21 November 2021 in Durban, KwaZulu-Natal, South Africa was a historical milestone for Africa’s creative and cultural industries. Organised by African Export

Cairo, 20 December 2021 – African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency (JCR). The rating reflects the strong support that Afreximbank receives from its shareholders, its preferred creditor status, its solid earnings capacity, and the crucial role

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

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

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