Nairobi, 11 March 2020 – Receivables finance is an important tool that can help to close the $90 billion funding gap faced by small and medium-sized enterprises (SMEs) in Africa, Dr. Patrick Njoroge, Governor of Central Bank of Kenya, has said. Dr. Njoroge was speaking in Nairobi on 27 February during the opening of a
Afreximbank, FCI to Promote Factoring to East African SMEs
Cairo, 24 Feb. 2020: – The African Export-Import Bank (Afreximbank), in collaboration with FCI, will hold a two-day conference in Nairobi to promote the use of factoring to enhance access to financing for small and medium-sized enterprises (SMEs) in East Africa.
Afreximbank Urges Rwandan Businesses to Exploit IATF2020 to Tap AfCFTA Benefits
Kigali, 14 Feb. 2020: – The second Intra-African Trade Fair (IATF2020) will provide key pathways for the Rwandan private sector to access intra-African trade opportunities offered by the African Continental Free Trade Area (AfCFTA), Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative, has said.
Registration Opens for Second Intra-African Trade Fair
IATF2020 to Showcase AfCFTA Opportunities, Boost Intra-African Trade
Roadshow to Help Rwandan Businesses Tap Into AfCFTA
Afreximbank, PSF Will Showcase Opportunities from IATF2020 Participation
Afreximbank Signs to Launch 300-Billion Naira Medium-Term Note Programme in Nigeria
Lagos, Nigeria, 27 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Lagos, Nigeria, signed documents to complete the registration of a 300-billion Naira medium-term note with the Securities and Exchange Commission under the Bank’s local currency programme in what will be the Bank’s first-ever Afreximbank local currency fund raising programme in Nigeria.
Afreximbank Signs Term Sheet for $190 Million Facility to Made in Africa Inc.
Kigali, 17 Jan. 2020: – The African Export-Import Bank (Afreximbank) today in Kigali signed a term sheet with Made In Africa Inc. (MIA) to provide the company with a $190-million facility to finance the acquisition of a company involved in designing, producing and distributing African fashion fabrics. The facility, broken into two tranches, will also
Afreximbank Announces $500-Million Creative Industry Support Fund as CAX WKND Opens
Kigali, 17 Jan. 2020: – The Creative Africa Exchange Weekend (CAX WKND), Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry, kicked off in Kigali today with Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) announcing a $500-million envelope to support the production and trade of African cultural
Nigeria’s Imo State Allocates Land to Afreximbank for Quality Assurance Centre
Owerri, 09 Jan. 2020: – The African Export-Import Bank (Afreximbank) has received the certificate of occupancy for a five-hectare plot of land granted to it by the government of Imo State of Nigeria for the development of an internationally accredited quality assurance centre in the state.
Over 2,000 Participants From 68 Countries Expected at CAX Weekend in Kigali
Cairo, 03 Jan. 2020: – More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) Weekend which opens in Kigali on 16 January in what the organisers are describing as Africa’s first continental event dedicated to promoting exchange within the creative and cultural industry. Organised by Times Multimedia (TMM) and
Afreximbank Tops Bloomberg 2019 Book Running League Table
Cairo, 03 Jan. 2020: – The African Export-Import Bank (Afreximbank) has emerge on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ
Prime Minister Foresees Regional Takeoff as Cameroon Signs Agreements to Host Afreximbank Branch Office
Yaounde, 14 Dec. 2019: – The African Export-Import Bank (Afreximbank) and the Government of Cameroon have signed the two principal documents finalising the protocol toward the take-off of Afreximbank’s Central Africa Branch Office to be located in Yaounde. At a ceremony witnessed by the Prime Minister of Cameroon, Dr. Joseph Dion Ngute, in Yaounde on