Cairo, 11 January 2022 – African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) have signed a Memorandum of Understanding (MOU) to promote trade and investment flows into Egypt. Under the MoU signed on 17 November 2021 in Durban at the Intra-African Trade Fair, the two institutions agreed to broaden and deepen their

African Export-Import Bank (Afreximbank) on 21 December 2021 successfully concluded a new three-year Syndicated Term Loan Facility, raising US$1.2 billion. Proceeds from the facility will be used to refinance existing facilities, general corporate purposes and for the payment of fees and costs associated with the Facility. Launched on 25 November 2021 to a limited group

  Durban, 24 December 2021 – The Creative Africa Nexus (CANEX) Summit and Live Theatre Programme that took place over 5 days at the second Intra-African Trade Fair 2021 (IATF 2021) holding between 15-21 November 2021 in Durban, KwaZulu-Natal, South Africa was a historical milestone for Africa’s creative and cultural industries. Organised by African Export

Cairo, 20 December 2021 – African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency (JCR). The rating reflects the strong support that Afreximbank receives from its shareholders, its preferred creditor status, its solid earnings capacity, and the crucial role

CALL FOR APPLICATIONS Cairo/Porto, 17 December 2021 African Export-Import Bank’s Creative Africa Nexus (CANEX) and Portugal’s National Association of Young Entrepreneurs (ANJE) are putting out a call for applications from Fashion Designers from Africa, the Caribbean, and the Diaspora to participate in the 2022 editions of the flagship programme, CANEX Presents Africa @ Portugal Fashion,

Cairo, 15 December 2021 – African Export-Import Bank (Afreximbank) and BAFT (Bankers Association for Finance and Trade) organized a successful series of training workshops for thirty African respondent banks between May and October 2021 to enhance their ability to obtain and maintain correspondent banking relationships. The three-day training session attended by over 170 participants from

Harare, 10 December 2021 – African Export-Import Bank (Afreximbank) has been granted land in Harare by the Zimbabwean Government to build a landmark centre for facilitating intra-African trade. Among other Afreximbank Africa Trade Centres (AATC) on the continent, the Harare AATC will house Afreximbank’s permanent regional office, a World-class hotel, a trade information centre, a

Cairo, 10 December 2021: – The implementation of the African Continental Free Trade Area (AfCFTA) would spur Africa’s industrialisation and long-term supply chain resilience, Mr. Amr Kamel, Afreximbank’s Executive Vice President in charge of Business Development and Corporate Banking, said Tuesday as the Bank opened its annual Trade Finance Seminar (ATFS) and workshop. Welcoming participants

Abuja, 7th December 2021 – African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) today in Abuja, Nigeria. The Centre aims to provide world class healthcare across the continent in long-term partnership with King’s College Hospital, London (KCH), the official clinical partner for the AMCE.

Durban, 2 December 2021 – African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MOU) with Fonds Souverain d’Investissements Stratégiques (FONSIS) to provide project preparatory capital to assist public and private sector investors to progress projects from concept stage to bankability in a timely manner in Senegal.

The conference On the sidelines of the IATF2021 Trade and Investment Conference, the Kwazulu-Natal Government and the African Export -Import Bank (Afreximbank) co-hosted a conference of African Sub-Sovereign Governments on 18 November 2021 under the theme: “African Sub-Sovereign Governments Network as a Vehicle for Promoting Intra-African Trade and Investment” in Durban, Kwazulu-Natal, South Africa.  

    Durban, 29 November 2021 – The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. The latest figures captured additional data submitted by Trade Promotion Agencies of Algeria, Nigeria and South Africa.