Nouakchott: 17 May 2024: Today, a group of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) paid a courtesy visit on His Excellency, Mohamed Ould Cheikh Al-Ghazouani, the President of the Islamic Republic of Mauritania, and Chairperson of the African Union to convey their support and commitment to the

Cairo, May 16, 2024: On the sidelines of the recently concluded 2024 Islamic Development Bank (IsDB) Group Annual Meetings and Golden Jubilee Celebrations, African Export-Import Bank (Afreximbank or “the Bank”) concluded arrangements for a facility of USD 250 million with the International Islamic Trade Finance Corporation (ITFC) and USD 100 million with the Islamic Corporation

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

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,

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. 

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

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

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 of the awards handed out at the event held in South Africa. Delivered on the sidelines of the conference on 6 March, the awards recognised

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

Barbados, April 19, 2024: African Export-Import Bank (Afreximbank or the Bank) announced today that it has extended a  USD 25 Million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set to take place from June 4th to 30th