-US $290M in deals signed, advancing infrastructure, tourism and trade across the Caribbean on Day 1 -CARICOM leaders to recommend region’s highest honour for Oramah’s role in transforming ties -US $250M Resilience Fund, CAPSS rollout, and feasibility of Caribbean EXIM Bank among key initiatives championed St George’s, Grenada, 28 July 2025 – The fourth AfriCaribbean Trade
Afreximbank mandated as Advisor on US$4.5 billion EG-27 LNG project in Equatorial Guinea
Cairo, Egypt, 25 July 2025: – African Export-Import Bank’s (Afreximbank) Advisory and Capital Markets (ACMA) has been mandated as the financial advisor to raise capital for the US$4.5 billion EG-27 liquefied natural gas (LNG) project being developed by Sociedad Nacional de Gas de Guinea Ecuatorial (Sonagas), Equatorial Guinea’s national gas company. Under the terms of
Afreximbank to avail $75 million to Central Bank of The Gambia in a cross-currency swap
Abuja, Nigeria, 23 July 2025: African Export-Import Bank (Afreximbank) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG) for the financing of strategic projects undertaken in The Gambia by the Government, through the National Roads Authority (NRA). The agreement, signed in Abuja, Nigeria, as part
Afreximbank Shareholders Approve Key Resolutions and Reaffirm Support for Preferred Creditor Status
Abuja, Nigeria, 23 July 2025 – At the 32nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank), held as part of the Bank’s 2025 Annual Meetings in Abuja, Nigeria, from 25 to 28 June 2025, shareholders approved a series of key resolutions aimed at strengthening the Bank’s strategic direction, financial resilience, and governance. Among the
Afreximbank Annual Meetings record project preparation deals expected to unlock about US$ 1.0 billion in investments
Abuja, Nigeria, 21 July 2025: – The 32nd Annual Meetings of African Export-Import Bank (Afreximbank), also known as AAM2025, witnessed a flurry of deal signings with four project preparation transactions signed between the Bank and various entities that are expected to unlock investments valued at about US$ 1.0 billion. In an agreement signed by Mrs.
Prof Benedict Oramah recognised for long service as ETG, TRACE, KCB and CBZ toast award success at 32nd Afreximbank Annual Meetings
Key Highlights The third edition of the Pan-African Business and Development Awards has recognised and celebrated leading businesses on the continent and in the diaspora in alignment with Afreximbank’s push for a promotion of a Global Africa Marking his distinguished tenor, Professor Benedict Oramah, outgoing Afreximbank President, was honoured with the Bank’s Long Service Award
Jamaica accedes to Afreximbank, strengthening ties to Global Africa
Kingston, Jamaica… 11 July 2025: – Jamaica has officially acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank), becoming the 13th Caribbean Community (CARICOM) Member State of the African Multilateral Financial Institution. The historic signing took place on the sidelines of the 49th Regular Meeting of the Conference of Heads of Government of the
Afreximbank President Launches New Edition of Structured Trade Finance Book at 32nd Annual Meetings
Updated publication expands on real-world applications of structured trade finance, including supply chain finance, reserve-based lending, and fintech integration. Abuja, Nigeria – 10 July 2025 – African Export-Import Bank (Afreximbank) launched the second edition of Foundations and Evolution of Structured Trade Finance, a landmark publication on a specialised field of trade finance shaped by decades of real-world
Algeria deepens trade ties with other African countries as it gears up for Africa’s biggest marketplace
Algiers, July 08, 2025 – Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA). In a keynote address during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow, Algeria’s Minister of Foreign Trade and Export Promotion, H.E. Prof.
PAPSS and Interstellar unveil African Currency Marketplace eliminating $5 Billion trade bottleneck
ABUJA, NIGERIA – 7 July 2025 – Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, have announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the
Afreximbank Executive Vice President Kanayo Awani re-elected to FCI Executive Committee
Cairo, Egypt, 01 July 2025 – The Executive Vice President in charge of Intra-African Trade and Export Development Bank at African Export-Import Bank (Afreximbank), Mrs. Kanayo Awani, has been re-elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring, invoice financing and asset-based lending industry. Mrs. Awani, who was unanimously
AfCFTA Adjustment Fund Credit Fund closes its first deal – US$ 10 million investment in Telecel Global Services Ltd
Kigali, Rwanda, 07 June 2025 – The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing US$10 million to Telecel Global Services Ltd, through a senior secured amortising loan. The transaction marks a significant milestone in the operationalisation of the Fund. The Credit Fund is one of three Funds under