Cairo, 11 Dec. 2018: – Further driving its mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, the African Export-Import Bank (Afreximbank) yesterday, in Cairo signed financing facilities totalling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings, which has significant investments across

Cairo, 11 Dec. 2018: – The first-ever Intra-African Trade Fair (IATF) to be held on the continent opened today in Cairo with the President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, calling for the implementation of initiatives that will add meaning to that African Continental Free Trade Agreement (AfCFTA). “We need to implement

Cairo, 10 Dec. 2018: – Ahead of the kick-off of the inaugural Intra-African Trade Fair (IATF 2018) opening in Cairo tomorrow, the African Export-Import Bank (Afreximbank) today in the Egyptian capital announced the go live of the Virtual Intra-African Trade Fair (IATF Virtual). An announcement by the Bank described IATF Virtual as an online platform

Cairo, 04 Dec. 2018: – Central African Republic today in Cairo formalised its membership of the African Export-Import Bank (Afreximbank) with the deposit of the instrument of the country’s ratification of the Bank’s Establishment Agreement with the continental trade finance institution. Speaking during a ceremony at the Bank’s headquarters, Claude Rameaux Bireau, Minister of State

Moscow, 29 Nov. 2018: – The African Export-Import Bank (Afreximbank) yesterday in Moscow signed a memorandum of understanding (MoU) with Russian Railways and the Russian Export Center (REC), agreeing to cooperate in implementing export and investment projects in the railway sector in Africa. Under the terms of the MoU, the parties will cooperate by undertaking

Cairo, 26 November 2018: – Exhibitor registrations for the inaugural Intra-African Trade Fair (IATF 2018) taking place in Cairo in December has reached 1,054, surpassing the target of 1,000 exhibitors set by the organisers, the African-Export Import Bank (Afreximbank) announced today in Cairo. The trade fair, which is being organized by Afreximbank in collaboration with

Cairo, 23 Nov. 2018: – The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the nine months ended 30 September 2018, showing strong financial and operational performance, with gross income of $546.6 million (a 14.3 per cent increase from the same period last year) and net income of $172.4 million (a growth

EIB supports jobs and climate action across Africa with new EUR 200 million loan to Afreximbank Long-term investment to boost private sector’s competitiveness Increasing access to finance for small and medium sized businesses At least 25% of financing for climate action November 22, 2018: On the margins of its Africa Day in the Ethiopian capital,

  Johannesburg, South Africa, 14 Nov. 2018: – The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa and at making such projects bankable and attractive to investors. The Afreximbank Project Preparation Facility (APPF), launched in Johannesburg, South Africa, on 8 November on

Cairo, 12 Nov. 2018: – The African Export-Import Bank (Afreximbank) today in Cairo signed an agreement granting an EUR 30 million revolving trade financing facility to Caisse des Dépôts et Consignations du Gabon (CDC Gabon) to support the operations of the tenants of the Gabon Special Economic Zone and to provide them with the capacity

Casablanca, Morocco, 10 Nov. 2018: – The African Export-Import Bank (Afreximbank) and CDC Group Plc. yesterday in Casablanca, Morocco, signed a $100-million master risk participation agreement to support Afreximbank’s Trade Facilitation Programme. Under the terms of the risk participation arrangement, CDC will provide unfunded risk participation to Afreximbank as the Bank provides trade finance products

Afreximbank ACDICOG Forum aims to ensure good governance and improved due diligence across Africa   Casablanca, Morocco, 09 November 2018: Strong corporate governance and due diligence practices, coupled with the re-establishment of correspondent banking facilities, will ignite African trade and economic growth by improving the continent’s risk profile, Amr Kamel, Executive Vice President, Business Development