Cairo, 24 February 2015 – The capital raising exercise embarked upon by the African Export-Import Bank (Afreximbank) in September 2014 generated a total of $107.5 million dollars for Afreximbank as at 31 December 2014, exceeding the $100 million year-end target, the Bank has revealed in Cairo. Afreximbank President Jean-Louis Ekra said that the new capital

Cairo, 20 February 2015 – Guinea Bissau has become the 37th country to join the African Export-Import bank (Afreximbank) as a Participating State, following the signing of the Bank’s Establishment Agreement by the Government, the Bank has announced in Cairo.  The instrument of accession, deposited at the Afreximbank Headquarters on 13 February 2015, showed that

Cairo, 19 February 2015 –To support Cote d’Ivoire’s goal to achieve full economic revival by 2020, the African Export-Import Bank (Afreximbank) has provided financing totalling 359 million euros to four Ivorian public enterprises, Bank President Jean-Louis Ekra has said in Cairo. Speaking at the Afreximbank Headquarters during a visit by the beneficiary enterprises for a

Cairo, 16 February 2015 –The African Export-Import Bank (Afreximbank), in collaboration with the Ministry of Industry, Trade and Small and Medium-sized Enterprises of Egypt, has announced plans to hold a one-day business forum in Cairo on 24 February 2015 aimed at promoting improved trade between Egypt and the rest of Africa. Organized under the theme

Cairo, 01 February 2015 –The African Export-Import Bank (Afreximbank) granted credit facilities totalling $577 million to the Egyptian trade sector between 2012 and 2014, Dr. Benedict Oramah, Executive Vice President of the Bank in charge of Business Development and Corporate Banking, has announced in Cairo. Speaking when he led a delegation of the Bank to

Cairo, 22 December 2014 –Dakar-based leasing company Locafrique Senegal is the beneficiary of a 25 million Euro dual tranche credit facility arranged by the African Export-Import Bank (Afreximbank) aimed at increasing support to the Senegalese agricultural sector. The first tranche of the facility, amounting to 20 million Euros, will enable Locafrique finance the purchase and

The African Export-Import Bank (Afreximbank) has provided about $350 million in financing to support cocoa processing activities in the four major cocoa producing countries in Africa, Jean-Louis Ekra, President of the Bank, has said.

The National Bank of Abu Dhabi PJSC (NBAD), as Sole Coordinator and Facility Agent, successfully closed a US$ 250,000,000 Term Loan Facility for the African Export-Import Bank (the “Facility”) on 13 November 2014 with Abu Dhabi Commercial Bank PJSC, Al Ahli Bank of Kuwait K.S.C.P, Al Khalij Commercial Bank (al khaliji) Q.S.C., Barclays Bank Mauritius Limited, International Banking, First Gulf Bank PJSC, along with NBAD, as Mandated Lead Arrangers.

The African Export-Import Bank (Afreximbank) has announced a contribution of one million dollars to the effort to combat the outbreak of the Ebola virus disease in Africa.

Legislators and regulators should assist African businesses to take advantage of the benefits of factoring as a trade finance instrument by creating enabling environments for the flourishing of the instrument, the African Export-Import Bank (Afreximbank) has urged.

The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support intra-African trade and payments, Jean-Louis Ekra, President of the Bank, announced today in Lusaka.

The African Export-Import Bank (Afreximbank) will hold its annual seminar and workshop on the fundamentals of structured trade finance in Lusaka, Zambia, from 04 to 06 November 2014.