Chicago, U.S., 05 Aug. 2019: – Efforts to achieve market opening should be accompanied with industrialization and capacity building initiatives to help African countries produce value-added goods, Kanayo Awani, Managing Director of the Intra-African Trade Initiative at the African Export-Import (bank (Afreximbank), has said. In a keynote address during the opening of the Trade with

Cairo, 18 July 2019: – The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr. Diop, who, until his appointment, was Ecobank’s Group Head of Compliance, replaces Maureen Mba, who retired from Afreximbank in May after a long meritorious service. The new Director comes

  Niamey, 09 July 2019: – The organisers of the Second Intra-African Trade Fair (IATF2020) expect it to surpass the achievements of the inaugural trade fair held in Cairo in 2018 by attracting 10,000 participants and generating intra-African trade and investment deals worth more than $40 billion, Prof. Benedict Oramah, President of the African Export-Import

Niamey, 8 July 2019: – Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). Prof. Oramah told the heads

Cairo, 4 July 2019: – The Stock Exchange of Mauritius (SEM) has announced the inclusion of the African Export-Import Bank (Afreximbank) in the SEM-10 index. An announcement posted on the SEM website on Wednesday listed Afreximbank among the SEM-10 Constituents for the third quarter starting 3 July 2019. Other companies on the list are: MCB

Moscow, 23 June 2019: – Africa and Russia must harness their immense resources to foster a greater economic future for their people, Dimitri Medvedev, Chairman of the Government of the Russian Federation, has said in Moscow. Mr. Medvedev, who was speaking on Friday while declaring open the Annual General Meeting of Shareholders of the African

Moscow, 22 June 2019: – The African Export-Import Bank (Afreximbank) will pay a total of $69 million to its shareholders as dividend from its 2018 earnings, according to decisions reached during the Annual General Meeting of Shareholders (AGM) of the Bank which ended in Moscow today. The shareholders also appointed one new member to its

Malabo, 12 June 2019:  – The African Export-Import Bank (Afreximbank) yesterday in Malabo received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank. Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking

Mbabane, 5 June 2019: – The African Export-Import Bank (Afreximbank) will provide a credit facility valued at up to two billion Rands (about $140 million) to the Kingdom of Eswatini to enable the Kingdom achieve required funding to meet trade and strategic economic goals, Bank President Prof. Benedict Oramah, has announced in Mbabane. Prof. Oramah,

  Cairo, 4 June 2019: – The African Export-Import Bank (Afreximbank) and the Japan Bank for International Cooperation (JBIC) have signed a general agreement for a $300-million export credit line, which can be availed in US dollars and euros, to support projects in Afreximbank member states. The credit line, signed in Cairo on 31 May,

Cairo, 22 May 2019: – The African Export-Import Bank (Afreximbank) has released its abridged unaudited financial performance for the three months ending 31 March 2019, showing a 59 per cent growth in total revenues to $240.71 million compared to the $151.17 achieved during the same period in 2018. The results, released in Cairo, show that

Antananarivo, 17 May 2019: – President Andry Rajoelina of Madagascar has urged the African Export-Import Bank (Afreximbank) to partner with the government in its effort to make the country the “window into a modern Africa”. Speaking yesterday in Antananarivo when he received an Afreximbank delegation led by Prof. Benedict Oramah, President of the Bank, President