Tunis, 06 Feb. 2019: – The Fund for Export Development in Africa (FEDA), the equity investment fund created recently by the African Export-Import Bank (Afreximbank), will catalyse foreign direct investment (FDI) flows into Africa’s trade and export sectors, Prof. Benedict Oramah, President of the Bank, said yesterday. Speaking in Tunis during the opening of the Financing

Cairo, 17 Jan. 2019: – The African Export-Import Bank (Afreximbank) today in Cairo signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company expand its pan-African activities in pursuit of its short and medium-term expansion strategy. Speaking at the signing ceremony, Afreximbank President Prof. Benedict Oramah said

Cairo, 17 Jan. 2019: – The African Export-Import Bank (Afreximbank) today in Cairo signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company expand its pan-African activities in pursuit of its short and medium-term expansion strategy. Speaking at the signing ceremony, Afreximbank President Prof. Benedict Oramah said

Cairo, 24 Dec. 2018: – The African Export-Import Bank (Afreximbank) has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15-million term loan to finance the design, construction and commissioning of a civil aviation and immigration security system for the Juba International Airport in South Sudan. The facility, which was approved

Cairo, 18 Dec. 2018: – Deals valued at $32.6 billion dollars were recorded at the inaugural Intra-African Trade Fair (IATF) which ended in Cairo yesterday, according to preliminary figures released by the African Export-Import Bank (Afreximbank). Afreximbank, which organized the trade fair in collaboration with the African Union and had it hosted by the Government

Cairo, 17 December 2018: – The inaugural Intra-African Trade Fair (IATF 2018) ended in Cairo today with the Rwandese capital of Kigali being announced as the host of the 2020 event. Former Nigeria President Chief Olusegun Obasanjo, who is also Chairman of the IATF Advisory Council, made the announcement during the closing ceremony, saying that

Cairo,17 December 2018: Former Nigerian President Olusegun Obasanjo yesterday in Cairo urged all African countries to ensure the quick ratification of the African Continental Free Trade Agreement (AfCFTA) and to implement policies that facilitate and support intra-African trade. Chief Obasanjo, who is also the Chairman of the Advisory Council of the Intra-African Trade Fair (IATF

Cairo, 15 December 2018: Reaching its four-day mark yesterday, the Intra-African Trade Fair (IATF) welcomed Didier Drogba, a renowned footballer, entrepreneur and philanthropist, to a session where he told the audience that Africans had the capacity to bring development to the continent. Mr. Drogba who featured in a conversation session titled “From Football Ace to

Cairo, 13 Dec. 2018: – The inaugural Intra-African Trade Fair (IATF) taking place in Cairo celebrated the Nigeria Country Day today with participation of the Nigerian Vice President, Prof. Yemi Osinbajo, who visited exhibition booths at the trade fair before delivering an address at the IATF Conference. At the stand of the African-Export-Import Bank (Afreximbank),

Cairo, 13 Dec. 2018: – The African Export-Import Bank (Afreximbank) today in Cairo signed an agreement with the Nigerian Export Promotion Council and the Nigerian Export-Import Bank (NEXIM), launching a $1-billion Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) aimed at promoting and expanding trade and investments between Nigeria and the rest of Africa. In a

Cairo, 11 Dec. 2018: – Further driving its mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, the African Export-Import Bank (Afreximbank) yesterday, in Cairo signed financing facilities totalling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings, which has significant investments across

Cairo, 11 Dec. 2018: – The first-ever Intra-African Trade Fair (IATF) to be held on the continent opened today in Cairo with the President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, calling for the implementation of initiatives that will add meaning to that African Continental Free Trade Agreement (AfCFTA). “We need to implement