Prosper Africa and Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the U.S. and Africa

Washington, DC, January 17, 2024 – Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment capital, with

State of Libya joins Afreximbank membership agreement to boost African trade and development cooperation

Cairo, Egypt, 24 December 2024: The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement, becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed by

Afreximbank hosts factoring workshop to support SME-led economic transformation

Cairo, Egypt, 19 December 2024: – In pursuit of the growth and transformation of Small and Medium Enterprises (SME) across Africa, African Export-Import Bank (Afreximbank), in partnership with FCI, the largest global network of factoring companies, and the Egyptian Factoring Federation (EFF), recently played host to a two-day Workshop on International Factoring for Nothern Africa.

Afreximbank Signs landmark hydropower project in DRC

Cairo, Egypt, 18 December 2024: – African Export-Import Bank (Afreximbank) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical

Afreximbank and Egyptian Exporters Association empower 150 African SMEs with export readiness training

Cairo, Egypt, 16 December 2024: – One hundred and fifty small and medium-sized enterprises (SMEs) from 10 African countries are set to become Africa’s latest businesses positioned for the global export market with participation in the Export Readiness Programme (RERP) implemented by African Export-Import Bank (Afreximbank) and the Egyptian Exporters Association (Expolink) in Cairo, Egypt.

Afreximbank and Arise IIP commence the construction of the African Quality Assurance Center in GDIZ Benin to boost Intra-African trade: A landmark collaboration between Afreximbank and ARISE IIP

Glo-Djigbé, Benin… 4th December 2024 – African Export-Import Bank (Afreximbank) and ARISE Integrated Industrial Platforms (ARISE IIP) are proud to announce the commencement of construction works for the African Quality Assurance Centre (AQAC) in Glo-Djigbé Industrial Zone (GDIZ) in Benin on Tuesday, 27th November 2024. This landmark project is a collaboration between Afreximbank and ARISE

Afreximbank and OPAIA Group partner in historic deal to build fertilizer plant in Angola

Seated L-R: Mr. Wang Jia Yi, Vice President Wuhan Engineering Company , Mr. Agostinho Kapaia, Chairman OPAIA Group, and Mr. Pedro Santos Chief Executive Officer Omatapalo Luanda, Angola, December 3, 2024: — African Export-Import Bank (Afreximbank) is the Lead Financier of Angola’s historic ammonia and urea fertilizer plant promoted by the OPAIA Group. As the

Afreximbank signs a US$10 Million Trade Finance Facility with Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading

Cape Town, South Africa, 2 December 2024: –African Export-Import Bank (Afreximbank) in Cape Town, South Africa, has agreed to provide a US$10 million-dollar revolving trade finance facility to Dorman Long Engineering Limited to facilitate the importation of steel pipes for threading. Under the terms of the agreement signed during the African Energy Week, Dorman Long