Afreximbank Branch Office to Serve as Gateway into Central Africa

Yaounde, 11 Dec. 2019: – The new branch office being opened by the African Export-Import Bank (Afreximbank) in Yaounde will serve as the Bank’s gateway to the Central African region, Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking, has said. Speaking during a roadshow organised in Yaounde to present the Bank’s

Afreximbank Identifying Projects to Support Transformation of Cameroon’s Economy

  Douala, Cameroon, 11 Dec. 2019: – The African Export-Import Bank (Afreximbank) is in the process of identifying projects in the key sectors of Cameroon to assist the country to achieve a rapid transformation of the economy through trade, Rene Awambeng, Global Head of Client Relations of the Bank, has said. Mr. Awambeng, who was

GCR Grants Rating Upgrade to Afreximbank

Cairo, 06 Dec. 2019: – Global Credit Rating (GCR) has announced an upgrade of the African Export-Import Bank’s (Afreximbank) long-term international scale rating from BBB+ to A-. GCR also affirmed the Bank’s short-term rating at A2 and the outlook as stable. In the announcement released in Johannesburg, South Africa, yesterday, the rating agency said that,

President Museveni Commends Afreximbank for Role in Facilitating Investment

President Yoweri Museveni of Uganda has commended the African Export-Import Bank (Afreximbank) for the role it is playing in facilitating investment into his country. Speaking on 27 November when he received a delegation from Afreximbank accompanied by representatives of the Egyptian automotive company GB Auto Group and the Uganda Manufacturers Association, President Museveni said that

Afreximbank Sees Pathway to Structural Transformation of African Economies in Industrial Parks, Export Processing Zones

Cairo, 26 Nov. 2019: – The drive by the African Export-Import Bank (Afreximbank) to promote, facilitate and develop industrial parks and export processing zones is aimed at increasing value addition, broadening market access and promoting export development to support the structural transformation of the economies of its Member States, Oluranti Doherty, Head of the Bank’s

Musical Sensation D’banj to Collaborate with Afreximbank on IATF2020

Cairo, 25 Nov. 2019: – Multi-talented Nigerian musical sensation Oladapo Daniel Oyebanjo, better known by his stage name D’banj, has announced that he will collaborate with the African Export-Import Bank (Afreximbank) for the second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali in September 2020. D’banj, who visited the Afreximbank headquarters in Cairo

Afreximbank, Thelo DB Sign MoU for Railway Development in Africa

Johannesburg, South Africa, 12 Nov. 2019: The African -Export Import Bank (Afreximbank) and South Africa-based Thelo DB Proprietary Limited today in Johannesburg, South Africa, signed a memorandum of understanding (MoU) to develop, finance and operate railway projects in Africa. Under the terms of the MoU, signed on the sidelines of the ongoing Africa Investment Forum,

Afreximbank Urges Open Account Terms for Achievement of AfCFTA Intra-African Trade Goals

Durban, South Africa, 08 Nov. 2019: – The African Export-Import Bank (Afreximbank) has urged the use of open account terms for trade in Africa in order to facilitate the realization of the intra-African trade aspirations of the African Continental Free Trade Area (AfCFTA) and to enhance competitiveness. Kanayo Awani, Managing Director of the Intra-African Trade

Over 200 Receive Certificates as Afreximbank Trade Finance Seminar Ends

Durban, South Africa, 7 Nov. 2019: The African Export-Import Bank (Afreximbank) today in Durban, South Africa, awarded certificates in trade finance to more than 200 financial services professionals who participated in the 2019 Afreximbank Trade Finance Seminar. The seminar, which began on Monday, attracted attendance from all parts of the continent and was held as

Afreximbank Trade Finance Seminar Prepares African Bankers For Difficult Environment

Durban, South Africa, 4 Nov. 2019: The 2019 Afreximbank Trade Finance Seminar and Workshop opened in Durban, South Africa, today with Amr Kamel, Executive Vice President in charge of Business Development and Corporate Banking at the African Export-Import Bank (Afreximbank), saying that the Bank wanted to ensure that African banks and bankers were well-equipped to

President Putin Honours Afreximbank President with Russian National Award

Moscow, 04 Nov. 2019: – President Vladimir Putin of Russia today in Moscow bestowed the national honour of “The Order of Friendship” on Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank). The award took place during a ceremony held in the Kremlin, seat of the Government of the Russian Federation, and was witnessed