Cairo, 21 September 2020: The African Export-Import Bank (Afreximbank), in collaboration with the African Union, has hosted the first of five webinars to raise awareness of the African continent’s premier trade event, the Intra-African Trade Fair (IATF2021), which is to be held in Kigali, Rwanda, from 6 – 12 September 2021

(Jeddah, Cairo, Nairobi, 14 September 2020) – The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO), to launch a new Arab-Africa Trade Bridges Program (AATB) initiative called the Harmonisation of Standards for Pharmaceutical and Medical Devices in Africa, aimed at promoting the

Cairo, 11 September 2020: – African Export-Import Bank (Afreximbank) has disbursed US$200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue to maintain foreign currency trade flows impacted by the COVID-19 pandemic. They will also allow Zenith Bank to on-lend to eligible

Credit rating underpinned by Afreximbank’s strong status as one of the largest Multilateral Development Banks within the African region

Cairo, 26th August 2020: – The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, was today announced winner of the Debt Deal of the Year Award at the 14th Annual African Banker Awards 2020 held virtually. The awards recognize institutions and individuals driving growth and development in Africa and creating new economic opportunities

Three-year revolving global credit facility will strengthen African agricultural networks and bolster the continent’s food security

Cairo, 24 August 2020: – African Export-Import Bank (Afreximbank) today released its unaudited financial statements for the six months ended 30 June 2020. Despite the impact of the Covid-19 pandemic on socio-economic conditions globally, the Bank saw its Net Income rise by 10% from US$137.63 million in June 2019 to US$150.75 million in June 2020,

Cairo, 19 August 2020: – On July 2nd 2020, Agence Française de Développement (AFD) and the African Export-Import Bank (AfreximBank) have announced a new facility agreement for a EUR 150 Million financing program to support Afreximbank in the implementation of its new climate finance strategy which will target green, low carbon, socially inclusive and more

Cairo, 6 August 2020: – The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, is supporting the advancement of Mozambique’s energy industry and economy by committing up to US$400 million in guarantees and direct lending to the Area 1 LNG Project. The total Project is estimated to cost about US$24 billion and is

Cairo, 5 August 2020: – The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for two transactions processed under its Intra-African Trade Initiative. Afreximbank was recognized for its leading role in the $737 million bundle of guarantee facilities granted to Elsewedy Electric Group and The Arab Contractors for the

4th  August 2020:- Accelerated EIB financing under Team Europe initiative Over 25% of funds dedicated to women in business and climate action Pan-African rapid response to alleviate COVID-19 impact and support climate action Scheme to support trade and ensure medical supplies continue The European Investment Bank (EIB), the lending arm of the European Union, and

Cairo, 18 July 2020: – African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, announces that the global credit ratings agency Moody’s, on 14 July affirmed the Bank’s long-term credit rating at Baa1, with a stable outlook.