Russia-Africa Trade has Doubled Since Engagement, Says Afreximbank Chief

Sochi, Russian Federation, 24 Oct. 2019: – Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank) started engaging with the Russian Export Center to promote trade between the two sides, Bank President Prof. Benedict Oramah said yesterday. Prof. Oramah, who was speaking during the opening of the Russia-Africa

Afreximbank Announces Cotton Initiative

Cairo, 21 Oct. 2019: – The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the African cotton sector, Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative, has announced. Speaking during the launch of the African Corner at the World Cotton Day organised by the World Trade

Address Security Sector Corruption and Abuse of Power for Effective AfCFTA Implementation, Former AFRICOM Commander Urges at Babacar Ndiaye Lecture

Washington, D.C., 19 Oct. 2019: – To ensure effective implementation of the African continental Free Trade Area (AfCFTA) Agreement, African countries must address corruption and abuse of power in the security sector as they could impede and raise the cost of trade, Gen. William Ward, former Commander of the United States Africa Command (AFRICOM), said

Afreximbank President Receives Two Awards in the U.S.

Washington, D.C., 17 Oct. 2019: – Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), today in Washington, D.C., received the 2019 2019 Man of the Year Award from Diaspora Today magazine and the African Diaspora Distinguished Leadership Award of Prince Georges County of Maryland, United States. Presenting the two awards, Angela Alsobrooks, Prince

Registration Opens for 2020 Certificate of Finance in International Trade Programme

Cairo, 26 Sept. 2019: – The African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and University of Malta, today in Cairo announced the opening of registration for the 2020 cohort of the Certificate of Finance in International Trade (COFIT 2020) programme. The programme, which is open to banking and trade finance professionals from

Afreximbank President Advocates for Vehicles that Facilitate Cross-Border Trade

  New York, 26 Sept. 2019: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday in New York, urged African countries to create vehicles that would make it possible for manufacturers to trade across the continent. Speaking during a high-level event on the Third Industrial Development Decade for Africa 2016-2019, organised

Cairo, 16 Sept. 2019: – The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019. The seminar and workshop series, formerly known as the Structured Trade Finance Seminar and Workshop, is

Afreximbank Announces $500-Million Facility for Nigerian Manufacturers

Lagos, 04 Sept. 2019: – The African Export-Import Bank (Afreximbank) will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers to take advantage of the opportunities offered by the African Continental Free Trade Area (AFCFTA) agreement, Bank President Prof. Benedict Oramah, has announced in Lagos. Prof. Oramah, who was

“MUFG signs Memorandum of Understanding with African Export-Import Bank”

29 August 2019 – MUFG Bank today in Yokohama City, Japan, announced the signing of a Memorandum of Understanding (MOU) with the African Export-Import Bank (Afreximbank) to provide a broad framework for collaboration between the two organizations. Signed on Tuesday at the seventh TICAD event in Japan, the MOU will further strengthen the relationship between