Beijing, 18 March 2016: – The establishment of twinning arrangements between leading industrial parks in China and African cities with industrial aspirations would help to accelerate the industrialization of the continent, the African Export-Import Bank (Afreximbank) has proposed. Speaking on Friday when Qu Futian, Mayor of Suzhou, in Jiangsu Province, China, received an Afreximbank delegation

Windhoek, 15 March 2016: – The African Export-Import Bank (Afreximbank) will work to expand the involvement of local entrepreneurs in key sectors of the Namibian economy in order to increase the country’s intra-African trade linkages, especially within the southern-African region, Afreximbank said in Windhoek today. Speaking during the opening of a business forum organized by

Cairo, 10 March 2016 – The African Export-Import Bank (Afreximbank) and the Ecobank rose from a strategy meeting Cairo on Monday with a pledge to ensure deepened cooperation in the promotion of trade among African countries to support the economic development of the continent. Speaking during the opening of the strategy meeting held at the

Abidjan, 3 May 2016: – African development finance institutions must come together in partnership in order to more effectively tackle the challenges affecting the financing of intra-African trade, participants at the first ever continental conference on intra-African trade finance and payment systems have urged. In discussions during the closing session of the two day the

Sharm el Sheikh, Egypt, 22 February 2016: – The African Export-Import Bank (Afreximbank) originates and distributes more than $15 billion dollars to African businesses annually to support trade on the continent, Bank President Dr. Benedict Oramah said yesterday in Sharm el Sheikh, Egypt. Speaking when Egyptian Prime Minister Sherif Ismail received him on the sidelines

Sharm el Sheikh, Egypt, 21 February 2016: – The African Export-Import Bank (Afreximbank) has begun providing export diversification financing facilities to its member countries to help address challenges resulting from Africa’s overdependence on commodity exports, Bank President Dr. Benedict Oramah has said. Describing the Bank’s intervention in support of African economies during a panel discussion

Cairo, 18 February 2016: – The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) today in Cairo signed an agreement for a $500-million facility to help Egyptian importers alleviate temporary foreign currency availability constraints to the importation of strategic and key industrial products. Under the terms of the agreement, Afreximbank will provide

London, 11 February 2016 – Africans must increase their participation in the continent’s natural resource sectors in order to boost the amount of rent accruing to the continent from its abundant resources, create employment and heighten the developmental impact on national economies, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said in London

Cairo, 10 February 2016 – The African Export-Import Bank (Afreximbank) and the Nigerian Export-Import Bank (NEXIM) are to implement an intervention programme in the Nigerian cocoa sector to revive and help it reemerge as the country’s top non-oil export foreign exchange earner, the two institutions have announced in Cairo. Afreximbank and NEXIM said in a

Dar es Salaam, 03 February 2016 – African businesses should capitalise on the advantages offered by factoring as an alternative trade finance instrument in order to trade more competitively, participants heard on Monday as a factoring promotion conference co-organised by the African Export-Import Bank (Afreximbank) and Factors Chain International (FCI) opened in Dar es Salaam.

Addis Ababa, 21 December 2015: – The African Export-Import (Afreximbank) will support Ethiopian entrepreneurs seeking to engage in export manufacturing, especially to add value to coffee, cotton, textile, leather and other commodities, Bank President Dr. Benedict Oramah announced in Addis Ababa today. In a statement to the opening of a business forum organized by the

Cairo, 16 December 2015: – With the objective of expanding awareness of its trade finance facilities and engaging with the Ethiopian business community, the African Export-Import Bank (Afreximbank) is to hold a business forum in the Ethiopian capital city of Addis Ababa on 21 December. Afreximbank announced in Cairo today that it would also use