Cairo/Durban/Addis Ababa/Accra, 5 July 2021: – The second Intra-African Trade Fair (IATF2021) has been rescheduled to take place in Durban, KwaZulu-Natal, South Africa from 15 to 21 November 2021. The Trade Fair was previously due to be held in Kigali, Rwanda from 8 to 14 December 2021.
Joint BCEAO-Afreximbank-FCI Webinars on the theme: “Factoring and receivables finance in Africa”
BCEAO, COFEB, AFREXIMBANK and FCI are organizing three webinars on the theme: “Factoring and Receivables Finance in Africa”. The Central Bank of West African States (BCEAO) through its training center, the West African Center for Training and Banking Studies (COFEB), in partnership with Afreximbank and the international factoring network, FCI, announces the organization of a
Afreximbank awarded Deal of the Year – Agriculture at the 2021 African Banker Awards
Cairo, 02 July 2021: – African Export-Import Bank (Afreximbank) has been awarded the 2021 African Banker Award – Deal of the Year (Agriculture), for providing a $400million global credit facility to the Export Trading Group (ETG) aimed at tackling challenges faced by African farmers and exporters.
Afreximbank Recognised For Role in Africa’s Fight Against COVID-19
Cairo, 02 July 2021: – African Export-Import Bank (Afreximbank) has been recognized by Global Trade Review (GTR) as Leader in Trade for Pandemic Support and ranked by Global Finance Magazine, in its annual World’s Best Investment Bank’s list 2021, as the best bank offering Crisis Finance Solutions in Africa in the fight against the COVID-19
The World Bank and the African Union’s Covid-19 Africa Vaccine Acquisition Task Team (AVATT) agree to work together to deploy vaccines for 400 million Africans
14 June 2021 – The President of the World Bank, Mr David Malpass, and his senior management team comprised of Dr Axel van Trotsenburg and Dr Makhtar Diop met with the African Union’s COVID-19 Vaccine Acquisition Task Team (AVATT) to discuss modalities for a partnership that will accelerate vaccine deployment to Africa. In a historic
Afreximbank provides Banque Du Caire with a US$200 Million Intra-African Investment Finance Facility
Cairo, 9 June 2021: – African Export-Import Bank (Afreximbank) and Banque du Caire (BDC) today in Cairo signed the agreement formalising Afreximbank’s US$200 million Intra-African Investment Finance Facility to support BDC’s expansion across Africa.
Afreximbank Supports ARSO in the Harmonisation of African Automotive Standards
Cairo/Nairobi/Johannesburg, 8 June 2021: – African Export-Import Bank (Afreximbank) is supporting the African Organisation for Standardisation (ARSO) to harmonise standards in the automotive sector in Africa in order to facilitate an accelerated development of the sector across the continent. The harmonised standards are to be adopted by individual African countries, facilitating cross-border trade, under the
Afreximbank Announces an African Medical Centre of Excellence in Abuja, Nigeria
King’s College Hospital, London (KCH) affirmed as Clinical Partner Cairo, 03 June 2021: – African Export-Import Bank (Afreximbank) has announced the commencement of its African Medical Centre of Excellence (AMCE) project in Abuja, Nigeria. It will provide world-class care to both low and high-income patient groups across the continent.
Afreximbank and NEXIM Announce US$750,000 Grant to Improve Nigeria’s Inland Waterways Operations
Cairo/Abuja, 31 May 2021: – African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have announced a US$750,000 grant to support the charting of the main channel of the Niger-Benue river in Nigeria, as part of the Regional Sealink Project, which aims to bridge the gap in maritime transport infrastructure and improve trade connectivity
Afreximbank and the Africa Finance Corporation sign agreement for vaccine manufacturing in Africa
Cairo, 28 May 2021: – African Export-Import Bank (Afreximbank) has signed a collaboration agreement with Africa Finance Corporation (AFC) to facilitate and support manufacturing of vaccines on the continent, critical to supporting Africa’s fight against diseases, such as COVID-19. Under the agreement signed in April, Afreximbank and AFC will identify and engage partners, and co-finance
Afreximbank Records Strong Growth in Q1
Cairo, 27 May 2021: – African Export-Import Bank (Afreximbank) today, in Cairo, released its unaudited financial statements for the three months ended 31 March 2021, showing strong and resilient growth, ahead of prior year results and in line with expectations. The Bank reported a net income of US$87.3 million, a 4% increase over the 2020
Afreximbank Begins Construction of Africa Quality Assurance Centre in Nigeria
Cairo, 19 May 2021 – African Export-Import Bank (Afreximbank) has announced the commencement of construction of the Africa Quality Assurance Centre (AQAC) in Ogun State, Nigeria. The Centre will be a state-of-the-art facility with the capacity to offer testing, certification, inspection, and training services covering agricultural products. It is the first in a series of