Cairo, 10 October 2016: – Rwanda’s capital city, Kigali, will play host to the third edition of the African Export-Import Bank Annual Customer Due Diligence and Corporate Governance Forum scheduled to hold from 26 to 27 October, 2016, Afreximbank has announced in Cairo. According to information released by the Bank today, the Forum will bring

Lagos (Nigeria), 25 September 2016: – The third quarterly meetings of the Board of Directors of the African Export-Import Bank (Afreximbank) ended in Lagos, Nigeria, today with Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), telling the members that the country’s banks remained strong. In a special presentation to the Board Members, Mr.

Lagos (Nigeria), 25 September 2016: – The African Export-Import Bank (Afreximbank) has appointed of Amr Kamel, formerly Director of Banking Operations, as its new Executive Vice President in charge of Business Development and Corporate Banking, giving him the position occupied Dr. Benedict Oramah until his elevation to the post of President of the Bank in

Cairo, 23 September 2016: – The African Export-Import Bank (Afreximbank) has granted a $75-million medium-term loan to the Egyptian Ethylene and Derivatives Company (ETHYDCO) to support expansion of Egypt’s petrochemical industry, boost its exports and natural gas processing capacity and equip the sector with better environmentally-friendly infrastructure, the Bank announced today in Cairo. Afreximbank, which

Cairo, 16 September 2016: – The African Export-Import Bank (Afreximbank) has closed its first-ever China/Taiwan specific syndicated loan with a $300-million facility guaranteed by the Export-Import Bank of China (China Exim Bank). The five-year syndicated loan, which closed on 12 September, was only open to investors from China and Taiwan. The facility was two times

Djibouti, 7 September 2016: – The President of Djibouti, Ismaïl Omar Guelleh, has announced the country’s accession to the African Export-Import Bank (Afreximbank) Establishment Agreement, making it a participating state of the continental trade finance institution. President Guelleh, who announced the accession on Monday while receiving Dr. Benedict Oramah, President of Afreximbank, at the Presidential

Cairo, 06 September 2016: – The African Export-Import Bank (Afreximbank) has announced the appointment of Constantin von Moltke, formerly of the African development bank, to the position of Head of Syndicated Loans (Structuring and Distribution). Mr. von Moltke joins Afreximbank from the African Development Bank (AfDB), where, for the past four years, he served as

Abidjan, 25 Aug. 2016: – The African Export-Import Bank (Afreximbank) has approved $83 million for African businesses engaged in factoring since 2012, Kanayo Awani, Managing Director of Afreximbank’s Intra-African Trade Initiative, has announced in Abidjan. Speaking yesterday during a sensitization workshop organized by Afreximbank to promote the Model Law on Factoring, Ms. Awani, who is

Cairo, 05 August 2016: –The African Export-Import Bank (Afreximbank) has announced the appointment of Irfan Afzal as its Director for Syndications and Agency. Mr. Afzal, who has has more than 25 years of working experience, has spent close to 20 years in the origination, structuring, execution and distribution of syndicated loans. Prior to his Afreximbank

Mahe (Seychelles), 23 July 2016 – The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China have signed a cooperation agreement to create a $1 billion China-Africa Investment and Industrialization Programme to facilitate the construction and creation of industrial parks and special economic zones on the continent. The agreement, signed by Afreximbank President Dr.

Mahe (Seychelles), 23 July 2016 – The African Export-Import Bank (Afreximbank) achieved a record 25 per cent rise in its net income from 2014 to 2015, taking in $134 million in 2015 compared to $107 million in 2014, Bank President Dr. Benedict Oramah has announced in Mahe, Seychelles. In his report to the 23rd Annual

Mahe (Seychelles), 22 July 2016 – Speakers at activities marking the 23rd Annual General Meeting of Shareholders (AGM) of the African Export-Import Bank (Afreximbank’s) today in Mahe, Seychelles, said that the visa regime operating across Africa was one of the greatest impediments to the growth of intra-African trade. Wale Tinubu of Oando Group of Nigeria,