Cairo, 27 October 2021: – African Export-Import Bank (Afreximbank) is pleased to announce its partnership and support to the African Technology Policy Studies Network (ATPS), which will address gaps in operational costs as well as funding for ongoing activities over a three-year period concluding in 2023. Afreximbank’s US$500,000 financial support will facilitate the implementation
Africa must close its science and technology gap to take full advantage of the AfCFTA says Ameenah Gurib-Fakim at Afreximbank’s fifth annual Babacar Ndiaye Lecture
Cairo, 21 October 2021: – H.E. Professor Ameenah Gurib-Fakim, the former President of Mauritius and Laureate of the 2007 L’Oréal-UNESCO Prize for Women in Science, delivered a trenchant address at the African Export-Import Bank’s (Afreximbank) fifth annual Babacar Ndiaye Lecture on “the importance of science, technology and innovation in the transformation of African economies”.
FCI re-elects Afreximbank President to the Executive Committee
Cairo, 11 October 2021: – The President and Chairman of the Board of African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been re-elected to the Executive Committee (EXCOM) of FCI, the global representative body for the factoring, invoice financing and asset-based lending industry. Professor Oramah was unanimously elected at FCI’s 53rd Annual Meeting on 24
Angola’s government and business community show great interest in forthcoming IATF2021
Luanda, 11 October 2021: – The promotional tour of the second Intra-African Trade Fair (IATF2021) stopped on 7 October in Luanda, Angola, where the organisers met with the business community and government representatives to raise awareness and encourage participation to the trade fair. Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African
Afreximbank and Government of Barbados Enter Milestone Understanding for Africa Diaspora Trade Ties
Bridgetown, 9 October 2021: – African Export-Import Bank (Afreximbank) and the Government of Barbados have signed a Memorandum of Understanding (MoU) to expand trade and investment links between Africa and the Caribbean island state. Under the MoU, the two parties will explore opportunities for joint investment and trade finance aimed at expanding economic ties between
Credit Fund Joint Venture between Afreximbank’s Fund for Export Development in Africa (FEDA) and Gateway Partners
Cairo, 06 October 2021: – African Export-Import Bank (Afreximbank) today announced that the Fund for Export Development in Africa (FEDA), its development impact-oriented subsidiary, has entered into a Joint Venture arrangement with Gateway Partners (Gateway) to co-establish the Africa Credit Opportunities Fund (ACOF). This partnership, a first of its kind between an African Development Finance
Egyptian businesses set to grasp the benefits of the AfCFTA at forthcoming IATF2021
Cairo, 6 October 2021: – The organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Cairo, Egypt, on 5 October to raise awareness and encourage attendance to the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental
Afreximbank and AfCFTA announce the Operational Roll-out of the Pan-African Payment and Settlement System (PAPSS)
Cairo and Accra, 28 September 2021: – African Export-Import Bank (Afreximbank) and AfCFTA Secretariat announced today the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. By simplifying cross-border transactions and reducing the dependency on hard currencies for
Afreximbank Extends Footprint by Opening Central Africa Regional Office in Yaoundé, Cameroon
Yaoundé, 27 September 2021 – African Export-Import Bank (Afreximbank) on 24 September 2021 launched its Central Africa Regional Office in Yaoundé, Cameroon. The new office covers the Economic Community of Central African States (ECCAS), composed of Cameroon, the Central Africa Republic, Chad, Congo, the Democratic Republic of Congo, Equatorial Guinea and Gabon. The establishment of
Afreximbank President, Directors and Executives Visit Site of Future Afreximbank Africa Trade Centre (AATC) in Yaoundé
Yaounde, September 22, 2021: – A delegation of the top executives and directors of African Export-Import Bank (Afreximbank) visited the site of the future Afreximbank Trade Centre for Central Africa in Yaounde on Wednesday afternoon, September 22, 2021. Led by Professor Benedict Oramah, President and Chairman of Board of Directors of Afreximbank, the delegation was
Afreximbank hosts promotional event to boost the start of business of its new Central Africa Regional Office in Yaoundé
Yaoundé, 23 September 2021: – African Export-Import Bank (Afreximbank) today in Yaoundé held a promotional event to showcase the Bank’s programmes, products and services to the business community and government. As well as communicating the breadth of the Bank’s offering to businesses in the region, the event also enabled Afreximbank to gauge its particular requirements
Afreximbank commits US$500 Million to support Ethiopian Commercial Banks
Cairo, 15 September 2021: – The African Export-Import Bank (Afreximbank) has committed to provide US$500 Million to support Ethiopian commercial banks through the Afreximbank Trade Facilitation (AfTRAF) Programme, which incorporates various products devised to increase intra-extra African trade volumes, diversify the character of this trade, and assure the confidence of trade partners in the settlement