Kenya Airways today took delivery of its first Boeing 787-800 “Dreamliner” next generation aircraft in Seattle, United States, with the start of the execution of the second phase of a $1.9 billion aircraft purchase transaction arranged by the African Export-Import Bank (Afreximbank).
Afreximbank closes general syndication of multi-million dollar term-loan facility
The African Export–Import Bank is pleased to announce the successful closing of the general syndication stage of the Facility on 20 March, 2014.
To boost West and Central Africa regional trade, Afreximbank grants $20 million facility to Innoson Group
In a transaction aimed at giving a substantial boost to regional trade across West and Central Africa, the African Export-Import Bank (Afreximbank) has provided a credit facility worth $20 million to Nigeria-based industrial giant, Innoson Technical and Industrial Company (ITIC) Limited, for the purchase of inputs for production of plastic goods.
DRC readies Afreximbank membership
The Democratic Republic of Congo (DRC) is to become the next African country to join the African Export-Import Bank as a member and shareholder, according to indications from a high-powered government delegation that visited the Bank’s Cairo headquarters on 13 February.
Afreximbank tackles Zimbabwe’s financial sector liquidity challenges with new facility for trade finance banks
To boost access to trade finance, the African Export-Import Bank (Afreximbank) has entered into an agreement to introduce a facility
African businesses should be equipped to compete in new environment, says Afreximbank at factoring workshop
African businesses must equip themselves in order to compete effectively in the new environment resulting from the adoption of open account systems in many markets across the world, Dr. Benedict Oramah, Executive Vice-President of the African Export-Import Bank (Afreximbank) in charge of Business Development and Corporate Banking, has said.
Over 90 African bankers receive Afreximbank’s Structured Trade Finance Certification
Some 90 African bankers and senior representatives of financial institutions from more than 20 African countries, today received certification from the African Export-Import Bank (Afreximbank) after completing a three-day intensive training programme in advanced structured trade financing.
Deepened business relations helps Africa tackle financing challenges, Afreximbank President says at seminar
Deepened business relationships and partnerships among African banks and other trade financiers, resulting in credit information and risk sharing and in pooling of expertise to structure complex trade and project finance deals, is enabling Africa to address the trade and project finance challenges facing it, Jean-Louis Ekra, President of the African Export-Import Bank (Afreximbank) said today.
Afreximbank wins recognition for SME support
The African Export-Import Bank (Afreximbank) has won new recognition for its work in support of Africa’s small and medium enterprises (SMEs), with the Bank taking the top honours for the Best Initiative In Support of SMEs and the Millennium Development Goals at this year’s Africainvestor Investment and Business Leader Awards.
Afreximbank Plans Structured Trade Finance Training for African Bankers
In its continuing drive to build up trade finance capacity within Africa, the African Export-Import Bank (Afreximbank) will hold a three-day training seminar and workshop on advanced structured trade finance for African bankers and finance professionals, the Bank has announced in Cairo.
To address overreliance on imported packaging, Senegal’s GFM gets €18.2 million from Afreximbank
In a bid to address the growing reliance by Senegalese companies on imported packaging materials for their businesses, the African Export-Import Bank today extended a credit facility of 18.2 million Euros to Senegal-based Groupe Futurs Media (GFM) for the import and installation of equipment.
Afreximbank is ready to share risks with investors – President says
The African Export-Import Bank (Afreximbank) will support investors who come into Africa to contribute to the continent’s economic development by sharing the investment risks they face, Jean-Louis Ekra, President the Bank, has said.