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

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

The Creative Africa Nexus (CANEX) Summit kicks off on Day 5 of IATF 2021

Durban, 20 November 2021 – The Creative Africa Nexus (CANEX), a programme put in place by the African Export-Import Bank (Afreximbank) to support Africa’s creative and cultural industries debuted with great fanfare on Friday 19th November setting the stage to revolutionize the continent’s untapped talents. Designed specifically for African creatives including digital innovators and experts,

Afreximbank positions creative industry as a major tool for Africa’s GDP growth

Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa. Launch of Creative Africa Nexus (CANEX) Sets Durban Ablaze! Durban, 20 November 2021 – Africa’s creative industry represents a potent instrument that could grow the GDP of African