Cairo, 15 December 2015 – A financing programme by the African Export-Import Bank (Afreximbank) to provide more than $3.5 billion to its member countries to enable them adjust to current adverse economic shocks, especially commodity price and terrorism-induced ones, has received the blessings of the Bank’s Board of Directors. The Counter-Cyclical Trade Liquidity Programme, approved

Cairo, 7 December 2015: – Côte d’Ivoire today in Cairo presented the formal instrument of ratification to the African Export-Import Bank (Afreximbank) for the establishment of the Bank’s Branch Office in Abidjan, commending the strategic choice made by the Bank in selecting Abidjan as the site for the Branch Office which serves Francophone West Africa. Eugène

Cairo, 27 November 2015: – The African Export-Import Bank (Afreximbank) will arrange a facility of up to $1 billion , underwriting $500 of the amount, to complement the efforts of the central bank to  improve foreign currency liquidity, Afreximbank President Dr. Benedict Oramah has announced in Cairo. Presenting the proposal during a courtesy call on

Abidjan, 24 November 2015: – The Republic of Congo will take up shareholding in the African Export-Import Bank (Afreximbank) and ratify the Bank’s Establishment Agreement, Denis Sassou Nguesso, President of the Central African nation, has announced in Abidjan. President Nguesso, speaking on Sunday when he received an Afreximbank delegation led by Bank President Dr. Okey

Cairo, 24 October 2015: – The African Export-Import Bank (Afreximbank) today announced the closure of a $525-million five-year syndicated loan to the Egyptian Electricity Company (EEHC) aimed at supporting the company to contribute more effectively to the Egyptian energy and power pool. According to the Bank, which served as the mandated lead arranger and original

Cairo, 20 November 2015: – Egyptian firms seeking opportunities for increased trade within African markets should take advantage of the expertise and offerings of the African Export Import Bank (Afreximbank), Denys Denya, Afreximbank’s Executive Vice President in charge of Finance, Administration and Banking Services, has said. Mr. Denya told Tarek Kabil, Minister of Commerce and

Nairobi, 13 November 2015: – Africa can minimise how much it is affected by global shocks by taking advantage of the services and programmes available from strong African multilateral development finance institutions like the African Export-Import Bank (Afreximbank), Dr. Patrick Njoroge, Governor of the Central Bank of Kenya, said in Nairobi today. In a statement

Cairo, 12 November 2015: – Chad has announced its accession to the Agreement Establishing the African Export-Import Bank (Afreximbank), becoming the 38th African country to join the continental trade finance institution as a participating state. According to the official accession document deposited by the Chadian authorities with Afreximbank, Ngarlenan Docdjengar, Minister of Finance and Budget

Nairobi, 10 November 2015: – The African Export-Import Bank (Afreximbank) has trained more than 1,500 African bankers and trade finance practitioners in structured trade finance, equipping them with the knowledge and skills to improve economic conditions of the continent, Dr. Benedict Oramah, President of the Bank, has announced in Nairobi. Speaking during the opening of

Cairo, 4 November 2015: – Guinea-based printing and packaging company Complex Industriel Polygraphie Patrice Lumumba (CIPPL) is the beneficiary of a 15-million Euro credit facility from the African Export-Import Bank (Afreximbank) for the extension and modernisation of its printing and packaging plant. At a facility agreement signing ceremony at its Cairo Headquarters today, Afreximbank announced

Mahe (Seychelles), 30 October 2015 – Bankers, financial regulators, financial institutions, and corporate entities from some 30 African countries have called for the institution of strengthened customer due diligence and corporate governance practices across the continent in order to enhance access to capital and investment for economic development and growth. In a communique issued on

Cairo, 31 October 2015 – The African Export-Import Bank (Afreximbank) will partner with the Dangote Group, one of Africa’s leading indigenous multinational corporations, in promoting intra-African trade, Afreximbank President Dr. Benedict Oramah announced in Lagos today. Dr. Oramah, who was speaking during a visit with Aliko Dangote, President of the Dangote Group, said that his