Mahe (Seychelles), 21 July 2016 – Former Nigerian President Olusegun Obasanjo today in Mahe, Seychelles, said that African countries could achieve industrialisation by focusing their efforts on locally available commodities and by developing local entrepreneurs and industrialists. Chief Obasanjo was addressing participants during seminars of the African Export-Import Bank (Afreximbank’s) Advisory Group on Trade Finance

Mahe (Seychelles), 20 July 2016 – With the more than $15 billion provided annually to African businesses, the African Export-Import Bank (Afreximbank) is achieving its mandate of financing, promoting and expanding intra and extra-African trade, participants heard today in Mahe, Seychelles, at the opening of activities marking the 23rd Annual General Meeting of Shareholders of

Abuja, 05 July 2016: – With Africa’s factoring volume expected to reach 200 billion Euros in 2020, the continent must put in place facilitating legal and regulatory infrastructure to enable it take advantage of the many opportunities associated with factoring, Kanayo Awani, Managing Director of the Intra-African Trade Initiative at the African Export-Import Bank (Afreximbank),

Cairo, 30 June 2016: – Top African political and business leaders, joined by a Nobel laureate and leading international economic experts, will be among speakers addressing guests as the African Export-Import Bank (Afreximbank) holds its 23rd Annual General Meeting (AGM) and related activities in Seychelles from 18 to 24 July. Information released in Cairo today

Minsk, 22 June 2016: – The African Export-Import Bank (Afreximbank) and the Development Bank of the Republic of Belarus have entered into a memorandum of understanding (MOU) for the financing and promotion of trade between African countries and Belarus. Dr. Benedict Oramah, President of Afreximbank, and Sergei Roumas, Chairman of the Board of the Development

Minsk, 22 June 2016: – The African Export-Import Bank (Afreximbank) is ready to set aside $400 million as part of a programme to finance and promote trade between African countries and Belarus, the President,  Dr. Benedict Oramah, has announced in Minsk. Dr. Oramah was speaking on Monday during a series of meetings with officials and

Cairo, 08 June 2016: –The African Export-Import Bank (Afreximbank) has appointed Gwen Mwaba as its new Director of Trade Finance. She takes over the position from Kanayo Awani who was recently appointed Managing Director, Intra-African Trade Initiative. Until her appointment, Ms. Mwaba was the Regional Manager for Anglophone West Africa in charge of Afreximbank’s Abuja

Cairo, 08 June 2016: – Sao Tome and Principe has acceded to the Agreement for the Establishment of the African Export-Import Bank (Afreximbank), making it the 41st African country to join the Bank as a participating state. Information released by Afreximbank showed that the accession instrument was executed on behalf of the government by Américo

Cairo, 08 June 2016: –The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest entity to join the African Export-Import Bank (Afreximbank) as a shareholder. Information released by Afreximbank showed that the Dangote Group completed the process of acquiring equity in the Bank on 30 May 2016 with a “substantial investment”. “I consider Afreximbank

Abidjan, 01 June 2016: – Cote d’Ivoire will work with the African Export-Import Bank (Afreximbank) to achieve the implementation of the proposal by the Bank to develop new industrial parks in the country, Ivorian President Alassane Ouattara has said. Speaking on Tuesday when he received Afreximbank President Dr. Benedict Oramah, who led an Afreximbank delegation

Cairo, 22 May 2016: – The African Export-Import Bank (Afreximbank) has closed a $750 million bond after achieving an order book of $3.4 billion from 290 investors, the largest ever to be achieved by the Bank in the international debt capital market. The bond, which closed in London on 17 May, is a five-year Reg S