Mauritius, 09 August 2017: – In a major innovation in Africa’s capital markets, supranational trade finance bank African Export-Import Bank (Afreximbank), an investment grade rated multilateral financial institution, is opening its shareholding to the investing public through the issuance of Depositary Receipts. In a deal being arranged by SBM Group, a leader in the financial

Cairo, 27 July 2017: – The Egyptian construction conglomerate, The Arab Contractors (Osman Ahmed Osman & Company) Limited, yesterday entered into an agreement with the African Export-Import Bank (Afreximbank) to receive a $200-million multi-currency guarantee facility to enable it meet its obligations under construction contracts within Africa and the Middle East. The facility agreement signed

Abuja, 19 July 2017: – The African Export-Import Bank (Afreximbank), Kings College Hospital (KCH), London, and the Nigerian Ministry of Health have entered into a memorandum of understanding (MOU) to collaborate in developing a centre of excellence for healthcare in Nigeria. Following a strategic alliance formed in 2014 between Afreximbank and KCH to establish a

Cairo, 13 July 2017: – The African Export-Import Bank (Afreximbank) has announced the appointment of Ibrahim Sagna as Director of its Advisory and Capital Markets (ACMA) Department. Mr. Sagna, a Senegalese national, joins the Bank from the Africa Finance Corporation where he was head of Financial Advisory Services. His professional experience, spanning more than 20

Libreville, 07 July 2017: – The African Export-Import Bank (Afreximbank) has provided a total of $200 million in financing to date to support the Gabonese economy, Rene Awambeng, the Bank’s Director of Client Relations, has announced. Speaking during the opening of a business forum organised by Afreximbank in Libreville on Wednesday, Mr. Awambeng said that

Kigali, 04 July 2017: – To build robust domestic and continental supply chains and facilitate seamless flow of goods and services across Africa’s borders, the African Export-Import Bank (Afreximbank) is introducing a programme to support companies with proven intra-African trade experience and operations and with value chains spanning across countries, Bank President Dr. Benedict Oramah,

Kigali, 03 July 2017: – The size of intra-African trade could be doubled from the current level of about $170 billion per year to almost $400 billion by addressing the issue of availability of market information on the continent, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said in Kigali. In an

Kigali, 02 July 2017: – The 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) ended in Kigali on Saturday with President Paul Kagame of Rwanda saying that the many economic challenges confronting Africa should drive African countries to urgently increase trade among themselves. “These factors should not just remain objects of reference,” he

Kigali, 02 July 2017: – The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a common currency, with countries that are ready being allowed to go ahead with implementation initially, former Nigerian President Olusegun Obasanjo has proposed. Speaking in Kigali on 29 June as a Special Guest

Kigali, 30 June 2017: – The African Export-Import Bank (Afreximbank) today in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited. The signing ceremonies, held as part of the ongoing activities marking the 24th Annual General

Kigali, 28 June 2017: – Activities marking the 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) opened today in Kigali with Claver Gatete, Minister of Finance and Economic Planning of Rwanda, calling for the building of regional value chains which have the potential to generate enormous benefits for African economies. “The creation of

Cairo, 26 June 2017: – Madagascar has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state, according to information released by the continental trade finance institution. Béatrice Jeanine Atallah, Minister of Foreign Affairs of Madagascar, formalized the country’s membership of the Bank on 24 June when she signed the