Lusaka, 13 June 2015 – The total assets of  the African Export-Import Bank (Afreximbank) grew more than ten-fold from about half a billion dollars in 2004 to over $5 billion in 2014, “despite challenges at the early part of my Presidency and episodic macroeconomic shocks thereafter”, Jean-Louis Ekra, outgoing President of the Bank, said today

Lusaka, 12 June 2015 – Africa should pursue economic integration on the basis of regional economic communities rather than trying to do so with the more than 54 countries on the continent, Olusegun Obasanjo, former President of Nigeria, has said in Lusaka. In a wide-ranging discussion held in the run-up to the 22nd Annual General

Lusaka, 11 June 2015 – The African Export-Import Bank (Afreximbank) is to introduce a special guarantee facility to enable African processing plants secure long-term export contracts with bank financing, Jean-Louis Ekra, President of the Bank, announced today in Lusaka. In a keynote address to the meeting of Afreximbank’s Advisory Group on Trade Finance and Export

Lusaka, 10 June 2015 – Africa faces an urgent need to develop mechanisms to mobilize domestic resources to support investment and development of export and trade-related infrastructure, Jean-Louis Ekra, President of the African Export-Import Bank (Afreximbank), said in Lusaka today. Mr. Ekra was speaking during the opening of three days of seminars and meeting of

Lusaka, 8 June 2015 – The African Export-Import Bank (Afreximbank) is negotiating to provide a financing facility to enable the Development Bank of Zambia boost its capacity for financing small enterprises and entrepreneurs in the country, Jean-Louis Ekra, President of the Bank, has said. Speaking today in Lusaka when he led a delegation of the

Abidjan, 28 May 2015 – The African Export-Import Bank (Afreximbank) today opened its Abidjan Branch Office, with the Ivorian Prime Minister Daniel Kablan Duncan saying that the Branch Office would accentuate the Bank’s effort at achieving economic integration in Africa.  At the official opening ceremony in Abidjan, Mr. Duncan said that economic integration remained a

Cairo, 20 May 2015 – To deepen the access of Seychellois businesses to financing for trade-related activities, the African Export-Import Bank (Afreximbank), with the support of the Central Bank of Seychelles, will hold a business forum in the Seychellois capital on Thursday, 21 May. Mrs. Caroline Abel, Governor of the Central Bank, will declare open

Cairo, 18 May 2015 – No less than three former African Presidents are expected at activities marking the 22nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank) scheduled to take place in Lusaka from 10 to 13 June, according to a programme of events released by the Bank. Afreximbank said in Cairo

Cairo, 12 March 2015 – The African Export-Import Bank (Afreximbank) has provided a $40 million term loan funding to the Kenya Power and Lighting Company (KPLC) to enable the company roll out upgrades and implement installations to enhance its transmission and distribution capacity. Afreximbank announced in Cairo today that the facility, part of a $190

Cairo, 11 March 2015 – The African Export-Import Bank (Afreximbank) provided lines of credit amounting to $48 million to African factoring companies in the last two years to give them liquidity and payment risk protection in their factoring activities, Dr Benedict Oramah, Executive Vice President of the Bank in charge of Business Development and Corporate

Manama (Bahrain), 2 March 2015: The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed an agreement with the African Export-Import Bank (Afreximbank) to cooperate in the development of the private sector in ICD member countries in Africa. Under the terms

Cairo, 24 February 2015 – With a focus on bringing additionality and having impact from a developmental perspective, the African Export-Import Bank (Afreximbank) is successfully supporting African exporters to compete effectively with global players in African markets, Afreximbank President Jean-Louis Ekra has said in Cairo. Speaking during a business forum organised by the Bank and