Accra, 10 August 2015 – The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap arrangements aimed at advancing the availability of foreign exchange to the Bank of Ghana as part of a foreign exchange liquidity support for imports into Ghana. Dr. Benedict Oramah, President Designate of the Bank, who made

Dubai, 08 August 2015 – Negative perceptions about the economic environment in Africa is a key factor militating against the flow of external investment into the continent,  Denys Denya, Executive Vice President of the African Export-Import Bank (Afreximbank) in charge of Finance, Administration and Banking Services, has said. Mr. Denya, who was speaking in Dubai

Cairo, 30 July 2015 – The African Export-Import Bank (Afreximbank) is working diligently to increase its footprints in major countries across the continent and to broaden its role in African trade finance, Bank President Jean-Louis Ekra, said today in Frankfurt, Germany. Speaking during a commemorative ceremony to mark the conclusion of a $458 million and

Abidjan, 28 July 2015 – Ivorian President Alassane Ouattara today in Abidjan announced that the country planned to increase its investment in the African Export-Import Bank (Afreximbank) by taking up its rights under the Bank’s ongoing general capital raising exercise. In September 2014, Afreximbank Shareholders, in an Extraordinary General Meeting in Cairo, approved a $500-million

Abidjan, 27 July 2015 – Ivorian Prime Minister Daniel Kablan Duncan today in Abidjan called on the African Export- Import Bank (Afreximbank) to strengthen its trade finance support to the country to enable it raise its trade volume with other African countries to 50 per cent of its total external trade volume by 2020. Speaking

Cairo, 22 July 2015 – Moody’s Investors Service announced today that it has changed the outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) from negative to stable. Concurrently, the rating agency also affirmed Afreximbank’s Baa2/P-2 long and short-term ratings. In a statement issued in New York, Moody’s said that the

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Cairo, 9 July 2015 – Guinea-based construction company Guicopres is the beneficiary of a 50-million Euro dual tranche credit facility from the African Export-Import Bank (Afreximbank) for the execution of public works across the country. Afreximbank announced in Cairo that the facility, which is guaranteed by the Central Bank of Guinea, consists of a first

Cairo, 8 July 2015 – The African Export-Import Bank (Afreximbank)  today signed on to provide a 15-million Euro financing facility to Afriland First Bank’s Côte d’Ivoire subsidiary for the financing of  transactions by SME’s in that country’s key growth sectors. The signing of the term sheet for the facility was held as part of activities

Cairo, 8 July 2015 – The African Export-Import Bank (Afreximbank) today announced the closing of the general syndication stage of the largest ever term loan facility in the Bank’s history, with the conclusion of a $458 million and EUR406.5 million two-year, dual tranche facility. Afreximbank reported that the facility, which closed on 6 July, attracted

Accra, 03 July 2015 – Ghanaian President John Mahama today in Accra urged the African Export-Import Bank (Afreximbank) to further strengthen its trade finance support to the Ghanaian business sector, particularly in the areas of agro-processing and pharmaceuticals. support from Afreximbank Speaking when Dr. Benedict Oramah, President Designate of the Bank, paid him courtesy call,

Cairo, 29 June 2015 – The African Export-Import Bank (Afreximbank) today signed on to an agreement to provide a 57 million-Euro credit facility for the construction of a five-star hotel and spa by Cape Verde-based Decameron New Horizon group along the island nation’s main Santa Maria beach. The approval of the dual tranche facility was