Africa’s economic transformation will take the centre stage as the African Export-Import Bank (Afreximbank) holds its 21st Annual General Meeting of Shareholders, and related activities, in the Gabonese Capital, Libreville, from 3 to 8 June, according to a programme of events released by the Bank.

The African Export-Import Bank (Afreximbank) has granted the Gabonese hotel group, Gabonaise de Tourisme et de l’Hotellerie (GTH), a 24-million Euro loan facility for the development of the Decapolis Rapontchombo which would be managed under the Decameron brand.

The Democratic Republic of Congo (DRC) has taken its place as the latest African country to become a member of the African Export-Import Bank (Afreximbank) with the signing of the instrument of accession to the Bank’s agreement.

Kenya Airways today took delivery of its first Boeing 787-800 “Dreamliner” next generation aircraft in Seattle, United States, with the start of the execution of the second phase of a $1.9 billion aircraft purchase transaction arranged by the African Export-Import Bank (Afreximbank).

The African Export–Import Bank is pleased to announce the successful closing of the general syndication stage of the Facility on 20 March, 2014.

In a transaction aimed at giving a substantial boost to regional trade across West and Central Africa, the African Export-Import Bank (Afreximbank) has provided a credit facility worth $20 million to Nigeria-based industrial giant, Innoson Technical and Industrial Company (ITIC) Limited, for the purchase of inputs for production of plastic goods.

The Democratic Republic of Congo (DRC) is to become the next African country to join the African Export-Import Bank as a member and shareholder, according to indications from a high-powered government delegation that visited the Bank’s Cairo headquarters on 13 February.

To boost access to trade finance, the African Export-Import Bank (Afreximbank) has entered into an agreement to introduce a facility

African businesses must equip themselves in order to compete effectively in the new environment resulting from the adoption of open account systems in many markets across the world, Dr. Benedict Oramah, Executive Vice-President of the African Export-Import Bank (Afreximbank) in charge of Business Development and Corporate Banking, has said.

Some 90 African bankers and senior representatives of financial institutions from more than 20 African countries, today received certification from the African Export-Import Bank (Afreximbank) after completing a three-day intensive training programme in advanced structured trade financing.

Deepened business relationships and partnerships among African banks and other trade financiers, resulting in credit information and risk sharing and in pooling of expertise to structure complex trade and project finance deals, is enabling Africa to address the trade and project finance challenges facing it, Jean-Louis Ekra, President of the African Export-Import Bank (Afreximbank) said today.

The African Export-Import Bank (Afreximbank) has won new recognition for its work in support of Africa’s small and medium enterprises (SMEs), with the Bank taking the top honours for the Best Initiative In Support of SMEs and the Millennium Development Goals at this year’s Africainvestor Investment and Business Leader Awards.