Cairo, 16 Sept. 2019: – The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019. The seminar and workshop series, formerly known as the Structured Trade Finance Seminar and Workshop, is
Afreximbank Announces $500-Million Facility for Nigerian Manufacturers
Lagos, 04 Sept. 2019: – The African Export-Import Bank (Afreximbank) will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers to take advantage of the opportunities offered by the African Continental Free Trade Area (AFCFTA) agreement, Bank President Prof. Benedict Oramah, has announced in Lagos. Prof. Oramah, who was
“MUFG signs Memorandum of Understanding with African Export-Import Bank”
29 August 2019 – MUFG Bank today in Yokohama City, Japan, announced the signing of a Memorandum of Understanding (MOU) with the African Export-Import Bank (Afreximbank) to provide a broad framework for collaboration between the two organizations. Signed on Tuesday at the seventh TICAD event in Japan, the MOU will further strengthen the relationship between
Accompany Market Opening with Industrialization and Capacity Building, Afreximbank Rep. Urges
Chicago, U.S., 05 Aug. 2019: – Efforts to achieve market opening should be accompanied with industrialization and capacity building initiatives to help African countries produce value-added goods, Kanayo Awani, Managing Director of the Intra-African Trade Initiative at the African Export-Import (bank (Afreximbank), has said. In a keynote address during the opening of the Trade with
Afreximbank Appoints Idrissa Diop Compliance Director
Cairo, 18 July 2019: – The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr. Diop, who, until his appointment, was Ecobank’s Group Head of Compliance, replaces Maureen Mba, who retired from Afreximbank in May after a long meritorious service. The new Director comes
Over $40 billion in Trade Deals, Participants From 55 Countries Expected at IATF2020, Says Afreximbank President
Niamey, 09 July 2019: – The organisers of the Second Intra-African Trade Fair (IATF2020) expect it to surpass the achievements of the inaugural trade fair held in Cairo in 2018 by attracting 10,000 participants and generating intra-African trade and investment deals worth more than $40 billion, Prof. Benedict Oramah, President of the African Export-Import
Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support Measures as African Leaders Meet
Niamey, 8 July 2019: – Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed the 12th Extraordinary Summit of African Union (AU) Heads of State, announcing a series of initiatives to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). Prof. Oramah told the heads
Afreximbank Included in SEM-10 Index in Mauritius
Cairo, 4 July 2019: – The Stock Exchange of Mauritius (SEM) has announced the inclusion of the African Export-Import Bank (Afreximbank) in the SEM-10 index. An announcement posted on the SEM website on Wednesday listed Afreximbank among the SEM-10 Constituents for the third quarter starting 3 July 2019. Other companies on the list are: MCB
Russia and Africa Should Harness Resources for Greater Economic Growth, Medvedev Tells Afreximbank Shareholders
Moscow, 23 June 2019: – Africa and Russia must harness their immense resources to foster a greater economic future for their people, Dimitri Medvedev, Chairman of the Government of the Russian Federation, has said in Moscow. Mr. Medvedev, who was speaking on Friday while declaring open the Annual General Meeting of Shareholders of the African
Afreximbank Approves $69 million Dividend Pay-out as Annual Meetings Conclude in Moscow
Moscow, 22 June 2019: – The African Export-Import Bank (Afreximbank) will pay a total of $69 million to its shareholders as dividend from its 2018 earnings, according to decisions reached during the Annual General Meeting of Shareholders (AGM) of the Bank which ended in Moscow today. The shareholders also appointed one new member to its
Afreximbank Wins African Bank of the Year Award
Malabo, 12 June 2019: – The African Export-Import Bank (Afreximbank) yesterday in Malabo received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank. Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking
Afreximbank President Visits Eswatini, Signs Declaration for Credit Facility of Up To $140 Million
Mbabane, 5 June 2019: – The African Export-Import Bank (Afreximbank) will provide a credit facility valued at up to two billion Rands (about $140 million) to the Kingdom of Eswatini to enable the Kingdom achieve required funding to meet trade and strategic economic goals, Bank President Prof. Benedict Oramah, has announced in Mbabane. Prof. Oramah,