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
“Intra-African Trade Fair Exhibitor Registrations Pass 1000”
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
Afreximbank Releases 2018 Nine-month Abridged Unaudited Financial Statements, Showing Strong Financial and Operational Performance
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
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,
Afreximbank Launches Facility to Raise Viability and Bankability of African Projects
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
Afreximbank Grants EUR 30 Million Facility to CDC Gabon to Support Operators at Special Economic Zone
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
Afreximbank, CDC Group Sign $100 Million Master Risk Participation Agreement
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
Improving Africa’s Risk Profile Crucial To Realising Economic And Trade Growth Says Afreximbank
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
Structured Trade Finance is Pathway to Boosting Intra-African Trade – Seminar Participants Hear
Casablanca, Morocco, 09 November 2018: Amr Kamel, Executive Vice President, Business Development and Corporate Banking, at the African Export-Import Bank (Afreximbank), and Faouzia Zaaboul, Director of the Treasury and External Finance Department at the Ministry of Economy and Finance, Kingdom of Morocco, on 7 November in Casablanca, Morocco, chaired the opening of the Afreximbank Structured
Afreximbank says transformation of African trade is task for all African financial institutions
Cairo, 26 Oct. 2018: – The transformation of trade in Africa is a task that all African financial institutions must collectively pursue as major stakeholders in the African Export-Import Bank (Afreximbank) in its quest to facilitate African trade, Amr Kamel, Afreximbank Executive Vice President, Business Development and Corporate Banking, said in Dar Es Salam on
Africa Gets Private Sector Trade and Investment Committee
Cairo, 22 October 2018: – Africa’s leading private sector institutions and corporates have established a Pan-African Private Sector Trade and Investment Committee (PAFTRAC) to serve as an advocacy platform to support the implementation of the African Continental Free Trade Area (AfCFTA) and enhance African private sector participation in trade and investment policy formulation, including trade
Registration Opens for 2019 Certificate of Finance in International Trade Programme
Cairo, 22 October 2018: – The African Export-Import Bank (Afreximbank), the FCI+IFG Union and the University of Malta today in Cairo announced the opening of registrations for the 2019 cohort of the Certificate of Finance in International Trade (COFIT). Stephen Kauma, Afreximbank’s Director & Global Head of the Human Resources Department, said that COFIT 2019,