Abuja, 10 June 2018: – The African Export-Import Bank (Afreximbank) approved financing amounting to $17 billion for Nigerian entities between its commencement of operations in 1994 and last December, Bank President Dr. Benedict Oramah has said. Dr. Oramah, who was speaking in Abuja on Thursday when he led an Afreximbank delegation on a visit to

Abuja, 9 June 2018: – The African Export-Import Bank (Afreximbank) has welcomed Equatorial Guinea as its 50th member state with the country’s signing of the Instrument of Accession to the Bank’s Establishment Agreement in Malabo on Wednesday. Lucas Abaga Nchama, Minister of Finance, Economy and Planning of Equatorial Guinea, signed the Instrument on behalf of the

Cairo, 01 June 2018: -The African Export-Import Bank (Afreximbank) yesterday in Cairo hosted a conference to announce arrangements for the inaugural Intra-African Trade Fair (IATF2018) to be held in the city from 11 to 17 December. Hosted by Egypt, through the Export Development Authority (EDA), and organised in collaboration with the African Union and several

Cairo, 29 May 2018: – The African Export-Import Bank (Afreximbank) is arranging up to $2 billion in financing support to Angola, Bank President Dr. Benedict Oramah has said. Dr. Oramah, who was speaking in Luanda on 24 May during an audience with President João Manuel Gonçalves Lourenço of Angola, said that the amount included various

Cairo, 29 May 2018: – The African Export-Import Bank (Afreximbank), the Finance Center for South-South Cooperation (FCSSC) and the Made-in-Africa Initiative (MIAI) have announced a joint effort to mobilise $1 billion in equity fund to channel foreign direct investment from developing (South) economies towards Africa’s industrialization and integration into global value chains. The framework agreement

Cairo, 25 May 2018: – Intra-regional trade can only be expected to expand economic growth and development if there is improved access to market information, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has yesterday. Dr. Oramah, who was speaking in Busan, South Korea, on Monday during a breakfast event organized by the

Cairo, 22 May 2018: – The African Export-Import Bank (Afreximbank) will commit up to $200 million to Telecom Egypt (TE) to enable the telecommunication company finance working capital and investments in its infrastructure under a deal coordinated by the Abu Dhabi Islamic Bank-Egypt. The agreement for the short-term dual tranche facility, signed in Cairo on

Cairo, 04 May 2018: – Africa must urgently upgrade its maritime and logistic infrastructure in order to successfully promote the continent’s trade, especially intra-African trade, the African Export-Import Bank (Afreximbank), has said. In an address at the Africa Ship-owners Summit in Seychelles on 23 April, Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative, speaking

Cambridge, United States, 30 April 2018: Industrialization and African Diaspora investment are key to raising Africa’s capital stock which will trigger faster economic growth and development in the continent, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said. Delivering an address at the “Africa Leaders Speak” Forum at Harvard University’s Kennedy School

Cairo, 29 April 2018: – The success of the African Continental Free Trade Area (AfCFTA) will rest significantly on the ability of the continent’s private sector to generate or create the goods that will enter the trade, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said today. Addressing Egyptian business leaders at a

New York, 20 April 2018: The President of the African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, yesterday in New York received the Leadership Award of New York University’s (NYU) Africa House as the institute celebrated its biennial gala. Presenting the award, Prof. Yaw Nyarko, Director of the Africa House, said that Dr. Oramah was chosen

Cairo, 15 April 2018: – Registration for the 2018 Annual Meetings of the African Export-Import Bank (Afreximbank), which will also feature the Bank’s 25th anniversary celebration, has opened, according to information released by the Bank today. Afreximbank announced in Cairo that intending participants for the meetings, dubbed AAM2018, could register by visiting the Annual Meetings