Cairo, 05 May 2017: – The African Export-Import Bank (Afreximbank) will hold its 24th Annual General Meeting of Shareholders (AGM) in Kigali from 28 June to 1 July with participation by some of Africa’s most high-profile political and business leaders, joined by leading international experts. The AGM and its related activities, which are scheduled to

Cairo, 29 April 2017: – The African Export-Import Bank (Afreximbank) has granted a $300-million financing facility to the National Bank of Egypt (NBE) to support Egypt’s industrialisation efforts. Dr. Benedict Oramah, President of Afreximbank, and Hesham Okasha, Chairman of NBE, signed the facility agreement for the Industrialization Support Facility on behalf of their respective institutions

Cairo, 20 April 2017: – The African Export-Import Bank (Afreximbank) has announced the appointment of Samallie Kiyingi as Director, Legal Services. Prior to her appointment, Ms. Kiyingi worked for three years as an independent consultant in London after serving variously as Associate Director on the Africa Desk at BACB, London; Director for Regulatory Policy and

Cairo, 20 April 2017 – The African Export-Import Bank (Afreximbank) has selected Nigeria as the preferred country to host the first of its Centres of Excellence for Healthcare Services in Africa. Following a strategic alliance they formed in 2014, Afreximbank and King’s College Hospital, London (KCH), are establishing a network of centres of excellence in

A delegation from the African Export-Import Bank (Afreximbank) visited Cape Verde from 1 to 5 April for discussions on how the continental trade finance bank could support the island nation in the development of the industries and infrastructure for its blue economy. The delegation, which was led by Amr Kamel, Executive Vice-President in charge of

Douala (Cameroon), 3 April 2017: – Factoring services can bridge the gap in the financing of small and medium-sized enterprises (SMEs) in Africa by addressing the challenges the SMEs face in accessing funding for business activities, Kanayo Awani, Managing Director of the Intra-African Trade Initiative of the African Export-Import Bank (Afreximbank), has said in Douala,

Abidjan, 31 March 2017: – The Board of Directors of the African Development Bank (AfDB) has approved a $450 million trade finance package for the African Export–Import Bank (Afreximbank). The facility, approved on 29 March, consists of a three-year $150 million unfunded risk participation agreement (guarantees) and a four-year $300 million trade finance line of

Cairo, 28 March 2017: – South Sudan, Africa’s youngest country, has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state of the. Stephen Dhieu Dau, Minister of Finance and Planning of South Sudan, formalized the country’s membership of the continental trade finance bank today in Juba by signing the

Geneva, 24 March 2017: –Africa should focus on developing labour-intensive industries and providing effective logistics and transport infrastructure from factories to ports in order  to become a globally competitive industrial player, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said in Geneva. Speaking during a panel discussion on “Will economic nationalism put

Cairo, 22 March 2017: – Burundi has acceded to the Agreement for the Establishment of the African Export-Import Bank (Afreximbank), making it a participating state of the continental trade finance bank. According to the Instrument of Accession, dated 15 March 2017 and signed by Domitien Ndihokubwayo, the Minister of Finance, Budget and Privatisation of Burundi,

Nairobi, 20 March 2017: – The Trade Development Bank (TDB), formerly known as PTA Bank, and the African Export-Import Bank (Afreximbank) today in Nairobi closed a $500 million dual-tranche syndicated loan facility for the Government of Kenya which acted through the country’s National Treasury. The facility, for which Afreximbank and TDB acted as joint mandated

Ouagadougou,  15 February 2017 – The African Export-Import Bank (Afreximbank) will arrange up to $1.5 billion in multi-sourced finance to support projects and initiatives under Burkina Faso’s five- year National Economic and Social Development Plan (PNDES), Bank President Dr. Benedict Oramah has announced in Ouagadougou. Speaking on Tuesday after a meeting with Roch Marc Christian