Dubai, 21 December 2017 – The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million agreement with the aim of facilitating and financing exports

Cairo, 18 December 2017: – Egypt can be a front runner in transforming intra-African trade and boosting innovation and industrialization on the African continent, Kanayo Awani, Managing Director of the Intra-African Trade Initiative at the African Export-Import Bank (Afreximbank), said today. Speaking in Cairo during the opening of a one-day workshop on intra-African trade, organized

Harare, 13 December 2017: – Zimbabwe will welcome the support of the African Export-Import Bank (Afreximbank) as it seeks to re-engage with the international and business communities, Emerson Mnangagwa, the country’s new President, has said in Harare. Speaking yesterday while receiving Bank President Dr. Benedict Oramah, who led an Afreximbank delegation on a courtesy visit

Sharm el Sheikh, Egypt, 09 December 2017: – African countries must move their economies away from commodity dependence in order to move their people out of poverty, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) said today in Sharm el Sheikh, Egypt. Speaking during a panel discussion at the Africa 2017 Forum organized

Sharm el Sheikh, Egypt, 11 December 2017: – Limited knowledge about trade opportunities in African countries was among the biggest impediments to intra-African trade, Amr Kamel, the Executive Vice President for Business Development and Corporate Banking at the African Export-Import Bank (Afreximbank), has said. Speaking on Saturday during a panel discussion at the Africa 2017

Sharm El Sheikh, Egypt, 09 December 2017: – The African Export-Import Bank (Afreximbank) and Attijariwafa bank today in Sharm El Sheikh, Egypt, entered into a memorandum of understanding (MoU) to collaborate in developing a large framework of cooperation in trade across Africa. Under the terms of the MOU signed by Dr. Benedict Oramah, President of

          Sharm El Sheikh, Egypt, 08 December 2017: – The African Export-Import Bank (Afreximbank), today in Sharm El Sheikh, Egypt, entered into an agreement with the Export Development Bank of Egypt (EBE) to collaborate on a $500 million scheme aimed at supporting exports and investments by Egyptian businesses to other African

Cairo, 08 December 2017: – Members of the Banking Committee of the Nigerian Senate and the Banking and Currency Committee of the House of Representatives have pledged to accelerate the enactment of the factoring bill currently in the Nigerian legislature to ensure that it was passed into law by  the first quarter of 2018. The

Cairo, 05 December 2017: – Africa is doing the right thing in creating the Continental Free Trade Area (CFTA) despite the current retreat from multilateralism, Albert Muchanga, the African Union’s Commissioner for Trade and Industry, said in Cairo today. Delivering the keynote lecture at the second edition of the African Export-Import Bank (Afreximbank) Trade and

Cairo, 01 December 2017: – The second edition of the African Export-Import Bank’s (Afreximbank) Trade and Development Seminar Series will take place in Cairo on 5 December with a keynote lecture delivered by Albert Muchanga, the African Union’s Commissioner for Trade and Industry. Mr. Muchanga will speak on the theme: “The Continental Free Trade Area

Abidjan, 29 November, 2017: The African Export-Import Bank (Afreximbank) and the European Investment Bank (EIB) today in Abidjan, on the margins of the African Union-European Union Summit, entered into a line of credit agreement amounting to EUR 100 million, granted by EIB to Afreximbank. This facility is aimed at financing trade-related long-term productive investments by

Cairo, 29 November 2017: – The number of African countries represented on the African Export-Import Bank (Afreximbank) as participating states and/or shareholders has risen to 49 with the presentation of an Instrument of Accession to the Bank by the Central African Republic in Bangui yesterday. The presentation of the instrument took place during a visit