Durban, 16 November 2021: The Intra-African Trade Fair (IATF2021) kicked off with spectacular fanfare on 15th November. Under the theme “Building Bridges for a successful AfCFTA”, the fair attracted thousands of visitors at the Durban International Convention Centre on its Opening Day. In a formidable demonstration of pan-African leadership support for the Intra- African

Cairo, 15 November 2021: African Export-Import Bank (Afreximbank) through its Advisory & Capital Markets (ACMA) investment banking arm acted as a Joint Lead Manager (JLM) and Bookrunner to place and close Fidelity Bank Plc’s USD 400 million 5-Year 144A/Reg S Senior Unsecured Eurobond on 21st October 2021. The transaction settled on 28th October 2021 and

Durban, 10 November 2021: The Intra-African Trade Fair (IATF2021) will see Durban host key figures from the world of trade, including entrepreneurs, financiers, governments and regulators, on one platform to deliberate on trade acceleration and investment throughout the African continent. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and

Jeddah, 10 November 2021 – African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), signed a US$250 million facility to provide funds for the Bank to advance procurement of COVID-19 vaccines and drive a trade-based economic recovery. The agreement was signed between Prof. Benedict Oramah, President of Afreximbank and Eng. Hani Salem

  Cairo/Abuja, 8 November 2021 – African Export-Import Bank (Afreximbank) has awarded US$400,000 in grant funding to the National Institute for Pharmaceutical Research and Development (NIPRD) of Nigeria for the establishment of an Active Pharmaceutical Ingredient (API) plant. The grant represents a significant proportion of the estimated funds required to implement the project. Pharmaceutical Manufacturing

Nigeria has the most to gain from the growth in intra-African trade, heard the country’s business community on 18 October at a Lagos roadshow for the Intra-African Trade Fair (IATF2021). The event offered Nigerian audiences a taste of what is to come at the IATF2021, which will take place in Durban, KwaZulu-Natal, South Africa, from

Kinshasa/Addis Ababa/Yaounde/Cairo/Khartoum/Lagos/Abidjan (01 November 2021) – President Félix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo (DRC) will, from 24 to 25 November 2021, host and officiate a multi-stakeholder Business Forum to foster the development of a robust battery, electric vehicle (BEV) and renewable energy value chain and market in Africa. Developing such a

  Cairo, 29 October 2021: – The 12th meeting of the IATF2021 Advisory Council, held virtually on 22 October 2021 and chaired by His Excellency Chief Olusegun Obasanjo, Chairman of the IATF2021 Advisory Council and former President of the Federal Republic of Nigeria, reviewed progress on final preparations for the second Intra-African Trade Fair (IATF2021),

Cairo, 28 October 2021 – African Export-Import Bank has embarked on a US$6.5 billion General Capital Increase (GCI) to expand its capacity to deliver on its core mandate and diversify its range of services. The GCI will enhance the Bank’s capacity to support the procurement of COVID-19 vaccines for the continent, bolster post-pandemic recovery efforts

  Cairo, 27 October 2021: – African Export-Import Bank (Afreximbank) is pleased to announce its partnership and support to the African Technology Policy Studies Network (ATPS), which will address gaps in operational costs as well as funding for ongoing activities over a three-year period concluding in 2023. Afreximbank’s US$500,000 financial support will facilitate the implementation

  Cairo, 21 October 2021: – H.E. Professor Ameenah Gurib-Fakim, the former President of Mauritius and Laureate of the 2007 L’Oréal-UNESCO Prize for Women in Science, delivered a trenchant address at the African Export-Import Bank’s (Afreximbank) fifth annual Babacar Ndiaye Lecture on “the importance of science, technology and innovation in the transformation of African economies”.

Cairo, 11 October 2021: – The President and Chairman of the Board of African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been re-elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring, invoice financing and asset-based lending industry. Professor Oramah was unanimously elected at FCI’s 53rd Annual Meeting on 24