Cairo, Egypt, 4 June 2024: – African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ceremony held at the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt. The event
Afreximbank, in partnership with Arise IIP and the Republic of Malawi, initiates construction of the “Magwero Industrial Park” in Lilongwe, an integrated industrial park set to accelerate the country’s industrialization.
Malawi, Lilongwe… 3rd June, 2024 – His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank, Prof. Benedict Okey Oramah and the President-Founder of ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class industrial ecosystems, Mr. Gagan Gupta, have unveiled the
Horizons Clinic (Gambia) Limited Secures US$16.8 Million Construction and Medical Tourism Relay Facility (“CONMED”) from Afreximbank
Cairo, 30 May 2024: – African Export-Import Bank (“Afreximbank”) has availed Horizons Clinic (Gambia) Limited a tailored US$16.8 million (Sixteen million, Eight Hundred Thousand United States Dollars) Construction and Medical Tourism Relay Facility (“CONMED”). The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the healthcare
Afreximbank Named African Bank of the Year for the Second Year Running, also Clinches Deal of the Year in Infrastructure
Nairobi, 30 May 2024 – For the second year in a row, African Export-Import Bank (Afreximbank) has emerged as a double winner at the African Banker Awards, winning both the ‘Bank of the Year’ and ‘Deal of the Year (Infrastructure)’ awards. This prestigious recognition was announced at the awards gala ceremony held in Nairobi and
Five Presidents and four Prime Ministers from African and CARICOM countries to headline the AfriCaribbean Trade and Investment Forum and Afreximbank’s 2024 Annual Meetings in Nassau, The Bahamas
Cairo, Nassau, 29 May 2024: – Ghanaian President H.E. Nana Addo Dankwa Akufo-Addo, Prime Minister of The Bahamas H.E. Hon. Philip Davis, Prime Minister of Barbados Hon. Mia Mottley, and Guyana President H.E. Mohamed Irfaan Ali, will be among the leading top headliners at the 31stAnnual Meetings (AAM) of the African Export-Import Bank (Afreximbank) and
Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, FEDA
Kigali, 24 May 2024 –The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank). With Benin’s accession to the FEDA Establishment Agreement, the total number of participating African countries has risen to 17, following Nigeria’s
AFREXIMBANK ANNOUNCES LAUNCH OF CANEX PRIZE FOR PUBLISHING IN AFRICA
21 May 2024 – Afreximbank has officially announced the launch of the CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited. The CANEX Book Factory, a key intervention under the CANEX programme, aims to promote a vibrant literary culture across Global Africa and encourage the
Afreximbank and MobiHealth Sign Project Preparation Facility to Drive Digital Healthcare Solutions Across Africa
Cairo, 21 May 2024: – The African Export-Import Bank (Afreximbank) and MobiHealthCare Limited (MobiHealth) have signed a project preparation facility agreement that is expected to bolster the expansion of Mobihealth’s telemedicine services in Nigeria, and also assess the feasibility of establishing similar services in Egypt, Ghana, Kenya and Cote d’ Ivoire. Under the terms of
Afreximbank delivers strong first quarter 2024 results, surpassing prior year’s performance and in line with expectations
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.
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