Durban, South Africa, 7 Nov. 2019: The African Export-Import Bank (Afreximbank) today in Durban, South Africa, awarded certificates in trade finance to more than 200 financial services professionals who participated in the 2019 Afreximbank Trade Finance Seminar. The seminar, which began on Monday, attracted attendance from all parts of the continent and was held as
Afreximbank Trade Finance Seminar Prepares African Bankers For Difficult Environment
Durban, South Africa, 4 Nov. 2019: The 2019 Afreximbank Trade Finance Seminar and Workshop opened in Durban, South Africa, today with Amr Kamel, Executive Vice President in charge of Business Development and Corporate Banking at the African Export-Import Bank (Afreximbank), saying that the Bank wanted to ensure that African banks and bankers were well-equipped to
President Putin Honours Afreximbank President with Russian National Award
Moscow, 04 Nov. 2019: – President Vladimir Putin of Russia today in Moscow bestowed the national honour of “The Order of Friendship” on Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank). The award took place during a ceremony held in the Kremlin, seat of the Government of the Russian Federation, and was witnessed
Russia-Africa Trade has Doubled Since Engagement, Says Afreximbank Chief
Sochi, Russian Federation, 24 Oct. 2019: – Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank) started engaging with the Russian Export Center to promote trade between the two sides, Bank President Prof. Benedict Oramah said yesterday. Prof. Oramah, who was speaking during the opening of the Russia-Africa
Afreximbank Announces Cotton Initiative
Cairo, 21 Oct. 2019: – The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the African cotton sector, Kanayo Awani, Managing Director of the Bank’s Intra-African Trade Initiative, has announced. Speaking during the launch of the African Corner at the World Cotton Day organised by the World Trade
Address Security Sector Corruption and Abuse of Power for Effective AfCFTA Implementation, Former AFRICOM Commander Urges at Babacar Ndiaye Lecture
Washington, D.C., 19 Oct. 2019: – To ensure effective implementation of the African continental Free Trade Area (AfCFTA) Agreement, African countries must address corruption and abuse of power in the security sector as they could impede and raise the cost of trade, Gen. William Ward, former Commander of the United States Africa Command (AFRICOM), said
Afreximbank President Receives Two Awards in the U.S.
Washington, D.C., 17 Oct. 2019: – Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), today in Washington, D.C., received the 2019 2019 Man of the Year Award from Diaspora Today magazine and the African Diaspora Distinguished Leadership Award of Prince Georges County of Maryland, United States. Presenting the two awards, Angela Alsobrooks, Prince
Afreximbank President Urges Creation of Specialised Agency to Take Advantage of AfCFTA Opportunities
Abuja, 02 Oct. 2019: –The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday in Abuja, urged Nigeria to set up a specialized agency to enable it take advantage of the opportunities offered by the implementation of the African Continental Free Trade Area (AfCFTA). Delivering the keynote address at the 2019 Independence Day
Registration Opens for 2020 Certificate of Finance in International Trade Programme
Cairo, 26 Sept. 2019: – The African Export-Import Bank (Afreximbank), in collaboration with the FCI, Quarterback and University of Malta, today in Cairo announced the opening of registration for the 2020 cohort of the Certificate of Finance in International Trade (COFIT 2020) programme. The programme, which is open to banking and trade finance professionals from
Afreximbank President Advocates for Vehicles that Facilitate Cross-Border Trade
New York, 26 Sept. 2019: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday in New York, urged African countries to create vehicles that would make it possible for manufacturers to trade across the continent. Speaking during a high-level event on the Third Industrial Development Decade for Africa 2016-2019, organised
President Museveni Highlights Role of Trade as Afreximbank Signs East Africa Branch Office Agreements
Kampala, 20 Sept. 2019: – The African Export-Import Bank (Afreximbank) today in Kampala concluded the formalities for the take-off of its East Africa Branch Office in Kampala as it signed the two principal documents with the Government of Uganda at a ceremony witnessed by President Yoweri Museveni of Uganda and former Nigerian President Olusegun Obasanjo.
With $50 million Line, BFA Becomes First Angolan Bank to Sign on to Afreximbank’s Trade Facilitation Programme
Cairo, 17 Sept. 2019: – Banco de Fomento Angola (BFA) has signed on to the Afreximbank Trade Facilitation programme (AFTRAF) for an initial $50-million line of credit, becoming the first Angolan bank to sign on to the programme offered by the African Export-Import Bank (Afreximbank) with the aim of supporting African banks to bridge the