Cairo, 23 July 2018: – Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India). The report, Deepening South-South Trade: An Analysis of Africa and
Telecom Egypt, Liquid Telecom Sign MoU that Completes Cape to Cairo Fibre Optic Network
Cairo, 23 July 2018: – The Econet Group and Telecom Egypt have signed a memorandum of understanding (MoU) that will enable Econet’s Liquid Telecom unit to complete a terrestrial fibre optic network stretching all the way from Cape Town in South Africa to Cairo. The MoU provides for Telecom Egypt and Liquid Telecom intend to
Nigeria Plans Country Pavilion at Intra-African Trade Fair
Abuja, 17 July 2018: – Nigeria yesterday in Abuja became the second country to announce plans to take a country pavilion at the Intra-African Trade Fair (IATF) being organised by the African Export-Import Bank (Afreximbank) in Cairo from 11 to 17 December. Prof. Yemi Osinbajo, Vice President of Nigeria, who made the announcement during an
Davido performs at Afreximbank’s 25th Anniversary Celebrations
Abuja, 15 July 2018: – Multiple awards winner Davido, the singer of some of today’s greatest Afrobeats hits, gave a live performance in Abuja on Thursday night to mark the 25th Anniversary of the African Export-import bank (Afreximbank). The performance, preceded by a show from Cabo Verde’s Mindelo Carnival, closed the second of the four
Afreximbank, ADB Sign Agreement for Grant to Support African Factoring Firms
Abuja, 15 July 2018: – The African Export-Import Bank (Afreximbank) has entered into an agreement under which the African Development Bank to provide it with a $500,000 grant from its African Private Sector Assistance (FAPA) programme to be used in supporting emerging factoring firms in Africa. The Agreement, signed at the Afreximbank Annual Meetings and
Afreximbank and Aenergy Join Efforts to Leverage Climate Finance for Africa’s Development
Abuja, 16 July 2018: – The African Export-Import Bank (Afreximbank) entered into a cooperation with Aenergy to develop a low carbon sustainable economy and a climate finance strategy to support projects and national initiatives in the sector across Africa. The cooperation agreement, signed on the sidelines of the Afreximbank Annual Meetings and 25th Anniversary celebrations
President Buhari Praises Afreximbank’s Dynamism and Tenacious Leadership as Annual Meetings End
Abuja, 15 July 2018: – The Annual Meetings and 25th Anniversary celebration of the African Export-Import Bank (Afreximbank) ended in Abuja yesterday with President Muhammadu Buhari of Nigeria saying that the Bank, through its dynamism and tenacious leadership, had proved that Africans could come together to build something meaningful. Delivering a keynote address at the
Afreximbank Africa Trade Report 2018 sees AfCFTA yielding substantial benefits to African trade and cross-border investments
Abuja, 13July 2018: –African economies will grow by 4.1 per cent in 2018, according to The Africa Trade Report 2018: Boosting Intra-African Trade: Implications of the African Continental Free Trade Area Agreement, a new report launched by the African Export-Import Bank (Afreximbank) on 11 July. The report was launched by South African President Cyril Ramaphosa,
Afreximbank launches Mansa, Africa’s Due Diligence Data Platform
Abuja, 13 July 2018: – The African Export-Import Bank (Afreximbank) yesterday in Abuja launched “Mansa” – a pan-African customer due diligence platform that will facilitate African trade by providing the single trusted source of primary data required to conduct due diligence checks on counterparties in Africa. The Mansa platform is being positioned as the centralised
Afreximbank, World Trade Center Miami sign MoU to Expand US-Africa Business Relationships
Abuja, 12 July 2018: – The African Export-Import Bank (Afreximbank) and the World Trade Center Miami Inc (WTCM) have signed a three-year memorandum of understanding (MoU) that will enable the two institutions benefit from each other’s knowledge, experience and capabilities in pursuing the expansion of US-Africa business relationships. Under the terms of the MoU, signed
President Ramaphosa, at Afreximbank Annual Meetings, says AfCFTA will Drive Intra-African trade and Investments
Abuja, 11 July 2018: South African President Cyril Ramaphosa today in Abuja addressed attendees at the Annual Meetings and 25th Anniversary Celebrations of the African Export-Import Bank (Afreximbank), telling them that the African Continental Free Trade Area (AfCFTA) would provide the integrated and diversified markets that will unlock Africa’s full productive capacity. In a keynote
Afreximbank, ECIC Announce $1 billion programme to promote South Africa-Africa Trade
Johannesburg, South Africa, 26 June 2018: – The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) today in Johannesburg, South Africa, are launched the South African-Africa Trade and Investment Promotion Programme (SATIPP), a $1 billion financing programme to promote and expand trade and investments between South Africa