Mahe (Seychelles), 29 October 2015 – Africans have a collective responsibility to put in place frameworks that would foster economic growth on the continent, Danny Faure, Vice President of Seychelles, said today in Mahe in Seychelles. Declaring open the second Annual Customer Due Diligence and Corporate Governance Forum organised by the African Export-Import Bank (Afreximbank),
Factoring and forfaiting in Africa to gain new focus as Nairobi hosts Afreximbank’s Structured Trade Finance Seminar
Cairo, 16 October 2015 – Aiming to bolster Africa’s participation in global trade, the African Export-Import Bank (Afreximbank) has announced a new round of advanced training for African trade finance practitioners to take place in Nairobi from 10 to 13 November. Afreximbank said in Cairo today that the 2015 Advanced Trade Finance Seminars and Workshops
Afreximbank Forum to tackle corporate governance and due diligence challenges
Cairo, 08 October 2015 – The African Export-Import Bank (Afreximbank) is to host the second edition of its Annual Customer Due Diligence and Corporate Governance Forum in Seychelles from 29 to 30 October in bid to build momentum for a collaborative African approach to addressing the unique challenges confronting African financial institutions in the field
Afreximbank allocates $10 million to support trade growth in Rwanda
Cairo, 30 September 2015 – The African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a facility agreement for a $10 million Afreximbank line of credit to support BRD’s efforts to finance trade diversification and promote value-added exports in Rwanda’s productive sectors. At a signing ceremony held at the Afreximbank Headquarters
Afreximbank swears in new President
Cairo, 21 September 2015 – Nigerian banker Dr. Benedict Oramah today in Cairo took over the leadership of the African Export-Import Bank (Afreximbank) as the third President of the continental trade finance institution. At a colourful investiture ceremony presided over by Dr. Denny Kalyalya, Governor of the Bank of Zambia, on behalf of Alexander Chikwanda,
Afreximbank inaugurates Headquarters Building
Cairo, 20 September 2015 – The Egyptian Foreign Minister, Sameh Shoukry, today in Cairo inaugurated the Headquarters Building of the African Export-Import Bank (Afreximbank) with a reemphasis of the need for African countries to strengthen trade and economic links amongst them. Mr. Shoukry, who was represented by Mohamed Edrees, Assistant Foreign Minister for African Affairs,
French Development Agency (AFD) and African Export-Import Bank (Afreximbank) sign EUR 100M line of credit to promote African trade diversification and intra-African trade
Cairo, 18 September 2015 – The African Export-Import Bank (Afreximbank) and Agence Française de Développement (AFD) today in Cairo signed a 100 million-Euro line of credit facility agreement to support the African trade finance bank in its interventions to transform the structure of African trade. According to Afreximbank and AFD, the targeted transformations focus on
Afreximbank gears up for investiture of new President, Headquarters inauguration
Cairo, 15 September 2015 – The Egyptian capital of Cairo is to host high ranking African government officials, heads of international organizations, members of the diplomatic community, leaders of international financial institutions and the business community as the African Export-Import Bank (Afreximbank) inaugurates its Headquarters building and conducts the investiture of its new president on
Afreximbank business forum aims to unlock financing opportunities for Tanzanian businesses
Cairo, 04 September 2015 – To raise awareness and increase access to its financing services and products available to the Tanzanian market, the African Export-Import Bank (Afreximbank) is to hold a business forum in the Tanzanian capital of Dar-es-Salam on 10 September. Organised in collaboration with the Bank of Tanzania, the forum will also seek
Afreximbank picks Seychelles for take-off of Blue Economy Strategy
Cairo, 18 August 2015 – The African Export-Import Bank (Afreximbank) has selected Seychelles as the first beneficiary of a “Blue Economy” strategy that it is developing, Dr. Benedict Oramah, President Designate of the Bank, announced today in Victoria. Dr. Oramah, who was speaking during a courtesy call on President James Michel of Seychelles, said that
Afreximbank plans initiative to help Ghana address foreign exchange liquidity challenge
Accra, 10 August 2015 – The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap arrangements aimed at advancing the availability of foreign exchange to the Bank of Ghana as part of a foreign exchange liquidity support for imports into Ghana. Dr. Benedict Oramah, President Designate of the Bank, who made
Negative perceptions blamed for impeding investment into Africa
Dubai, 08 August 2015 – Negative perceptions about the economic environment in Africa is a key factor militating against the flow of external investment into the continent, Denys Denya, Executive Vice President of the African Export-Import Bank (Afreximbank) in charge of Finance, Administration and Banking Services, has said. Mr. Denya, who was speaking in Dubai