Afreximbank Appoints Director for Advisory and Capital Markets

Cairo, 13 July 2017: – The African Export-Import Bank (Afreximbank) has announced the appointment of Ibrahim Sagna as Director of its Advisory and Capital Markets (ACMA) Department. Mr. Sagna, a Senegalese national, joins the Bank from the Africa Finance Corporation where he was head of Financial Advisory Services. His professional experience, spanning more than 20

Afreximbank’s Support to Gabon Reaches $200 million

Libreville, 07 July 2017: – The African Export-Import Bank (Afreximbank) has provided a total of $200 million in financing to date to support the Gabonese economy, Rene Awambeng, the Bank’s Director of Client Relations, has announced. Speaking during the opening of a business forum organised by Afreximbank in Libreville on Wednesday, Mr. Awambeng said that

Afreximbank Announces Global Facility for “Intra-Champs” as it Hosts Top African Multinationals

Kigali, 04 July 2017: – To build robust domestic and continental supply chains and facilitate seamless flow of goods and services across Africa’s borders, the African Export-Import Bank (Afreximbank) is introducing a programme to support companies with proven intra-African trade experience and operations and with value chains spanning across countries, Bank President Dr. Benedict Oramah,

Obasanjo Urges Two-Track Approach for ECOWAS Currency

Kigali, 02 July 2017: – The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a common currency, with countries that are ready being allowed to go ahead with implementation initially, former Nigerian President Olusegun Obasanjo has proposed. Speaking in Kigali on 29 June as a Special Guest

Dangote Industries to get $1 Billion, and Heirs Holdings $100 Million, in Afreximbank Financing for Intra-African Trade

Kigali, 30 June 2017: – The African Export-Import Bank (Afreximbank) today in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited. The signing ceremonies, held as part of the ongoing activities marking the 24th Annual General

Speakers Highlight Need for Regional Integration as Afreximbank AGM Opens

Kigali, 28 June 2017: – Activities marking the 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) opened today in Kigali with Claver Gatete, Minister of Finance and Economic Planning of Rwanda, calling for the building of regional value chains which have the potential to generate enormous benefits for African economies. “The creation of

Madagascar is Afreximbank’s Newest Participating State

Cairo, 26 June 2017: – Madagascar has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state, according to information released by the continental trade finance institution. Béatrice Jeanine Atallah, Minister of Foreign Affairs of Madagascar, formalized the country’s membership of the Bank on 24 June when she signed the

Afreximbank Issues $750 Million Notes Under EMTN Programme

Cairo, 23 June 2017: – The African Export-Import Bank (Afreximbank) has successfully closed a $750 million note under its Euro Medium Term Note programme. Afreximbank closed the seven-year Regulation S (Reg S) only notes on 13 June, priced at a spread of 220 bps over mid-swaps (m/s) and a coupon of 4.125 per cent, with