FORWARD-LOOKING STATEMENTS The Afreximbank Group (the “Bank” or “Group”) makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community.
News articles
Spiro Agrees to US$50 Million Debt Facility with Afreximbank to Accelerate Expansion
17 May 2024… Kigali, Rwanda — Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for US$50 million debt facility with the African Export-Import Bank (Afreximbank). This landmark agreement was signed in Kigali, Rwanda during the Africa CEO Forum, highlighting Spiro’s commitment to enhancing sustainable transportation
Leaders of African Multilateral and Private Sector Institutions pay a courtesy visit on President Mohamed Ould Cheikh Al-Ghazouani of The Islamic Republic of Mauritania and Chairperson of the African Union
Leaders of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) when they visited His Excellency, Mohamed Ould Cheikh Al-Ghazouani (5th from left), the President of the Islamic Republic of Mauritania, and Chairperson of the African Union Nouakchott: 17 May 2024: Today, a group of African multilateral institutions including members
Afreximbank Deepens Collaboration with the International Islamic Trade Finance Corporation and the Islamic Corporation for Development of Private Sector to Advance Africa Economic Cooperation
President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah (left) with Chief Executive Officer, International Islamic Trade Finance Corporation (ITFC) & Acting Chief Executive Officer of Islamic Corporation for Development of the Private Sector (ICD), Eng. Hani Salem Sonbol (right). Cairo, May 16, 2024: On the sidelines of the recently concluded
Afreximbank Backs the Expansion of Silversands Hotel in Grenada with a US$ 30 Million Facility
Cairo, May 15, 2024: African Export – Import Bank (Afreximbank) has approved a US$ 30 Million financing facility to Joyau Des Caraibes Limited (JDC); the Caribbean subsidiary of ORA Developers, for the expansion of Silversands Hotel in St. Georges, Grenada. Silversands Hotel is part of a luxury chain of hotels owned by ORA Developers, a
PAPSS Hosts its Inaugural Bank CEO Consultative Forum
Cairo, Monday 13, May 2024 – Promoters of the Pan-African Payment & Settlement System (PAPSS), namely African Export-Import Bank (Afreximbank or “the Bank”), African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, successfully organized the first Consultative Forum of CEOs of African Banks bringing together executives of African commercial banks, bankers’ associations,
Nigeria Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)
Kigali, 3 May 2024: The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank). Nigeria joins the ranks of countries acceding to the Establishment Agreement of FEDA, becoming the 16th nation to do so.
Afreximbank’s MANSA Engages its Stakeholders in Nigeria
Cairo, 1 May 2024: – In line with its drive to create greater awareness of the MANSA Digital platform and promote its adoption, the MANSA Digital Initiative team recently participated in a stakeholder engagement forum to discuss access to finance and cheaper funding for small and medium-sized enterprises (SMEs) in Nigeria. Co-organized by the Manufacturers
Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts over 200 participants
Harare, Zimbabwe, 26 April 2024: – In its ongoing commitment to establish factoring as a viable financing solution for Africa’s small and medium-sized enterprises (SMEs), thus bolstering their participation in intra-regional trade and industrialisation, the African Export-Import Bank (Afreximbank) and FCI recently held a two-day factoring conference in Harare. Centred on the overarching theme of
Afreximbank dominates Bonds, Loans & ESG Capital Markets Awards 2024
Afreximbank team L-R: Jaderio Fonseca, Babajide Harrison, Constantin Von Moltke, Youssef Beshay, Gwen Mwaba, ), Celine Stino, Sarah Attawia, Chandi Mwenebungu, Brian Onynio, Christina Zakher Cairo, 23 April 2024: – The African Export-Import Bank (Afreximbank) swept the stage at the recently concluded Bonds, Loans and ESG Capital Markets Africa Awards 2024 ceremony, taking home six
Afreximbank’s MANSA Digital Initiative holds Management Accounting training for SMEs
Cairo, 23 April 2024: – In a bid to accelerate the onboarding process of agents on the MANSA Digital Repository platform and encourage African small and medium-sized enterprises (SMEs) to embrace full audited financial reporting, the MANSA Digital Initiative recently hosted a training session on the importance of management accounting for SMEs. Conducted in collaboration
AFREXIMBANK SUPPORTS REHABILITATION OF SPORTING FACILITY IN BARBADOS AHEAD OF THE 2024 CRICKET WORLD CUP
Left – Right: Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank CARICOM Office, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, Honourable Mia Mottley, Prime Minister of Barbados and Mr. Damien Gaskin, Kensington Oval Management Inc. Barbados, April 19, 2024: African Export-Import Bank (Afreximbank or the Bank) announced today that
FEDA invests in Bloom Africa Holdings Limited to support its expansion in West Africa
Kigali, 17 April 2024: The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions
Algeria signs Hosting Agreement for Intra-African Trade Fair 2025
Seated from Left to right: Mr. Chiza Charles Chiumya, representing Ambassador Albert Muchanga, Commissioner for Trade and Industry African Union Commission, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade Bank – Afreximbank, H.E. Tayeb Zitouni, Minister of Trade and Export Promotion – Government of Algeria and Mr. Chawki Jaballi, Representing H.E. Wamkele Mene, Secretary General
The Bahamas to Host 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum
Afreximbank President and Chairman of Board of Directors, Prof. Benedict Oramah (standing second left) accompanied by The Honourable Philip Davis, K.C, Prime Minister of the Commonwealth of The Bahamas (standing right) watch as Anne Ezeh, Director Communications and Events, Afreximbank and Creswell Sturrup, Permanent Secretary in the Office of Prime Minister, Government of Commonwealth of
Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations.
FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other key members of the investment community. Statements regarding the Bank’s
Afreximbank launches Policy Research Working Paper Series
Cairo, 04 April 2024: – African Export-Import Bank (Afreximbank) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS) and is inviting authors to submit manuscripts for publication.The APRWPS will provide a platform for Afreximbank staff, academics, scholars, institutions and practitioners to share preliminary research findings on topics concerning African trade, trade finance and development.
Afreximbank takes financing roadshow to Liberia as it seeks to boost trade & Investment
Monrovia, 03 April 2024 – African Export-Import Bank (Afreximbank) has concluded a three-day roadshow in Liberia in collaboration with the Ministry of Commerce and Industry of Liberia, Oakwood Green Africa, Loita Capital Partners International and Havit Inc., aimed at bolstering Liberia’s efforts to grow trade. This follows a prior edition of the roadshow held in
Afreximbank to offer Supply Chain Finance in Nigeria in partnership with Sterling Bank
Haytham ElMaayergi, Executive Vice President Global Trade Bank, Afreximbank (2nd left), Olufunmilayo Lewis, Group Chief Risk Officer, Sterling Bank Holdings Company PLC, (left), Gwen Mwaba, Director & Global Head Trade Finance, Afreximbank and Eric Monchu Intong, Regional Chief Operating Officer (RCOO), Anglophone West Africa, Afreximbank at the launch of Payables Finance product in Nigeria Cairo,
Afreximbank closes $282 million “first-of-its-kind” India-focused club deal
Cairo, 28 March 2024: – The African Export-Import Bank (Afreximbank) has announced the successful completion of a “first-of-its-kind” India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders, and arranged by Bank of Africa UK PLC, the primary syndicated club deal saw participation from Indian lenders through their overseas branches and