Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya

Kisumu, Kenya, 29 November 2024: –African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed to

Empowering African SMEs: Afreximbank Hosts Factoring Workshop in Namibia

Windhoek, Namibia: – Continuing its drive to transform Africa’s financing landscape to ensure the growth of small businesses, African Export-Import Bank (Afreximbank) hosted a one-day Factoring Workshop with FCI, on the side-lines of the Annual Trade Finance Seminar held in Windhoek, Namibia. The  Workshop was aimed at helping place Africa’s small and medium-sized enterprises (SMEs)

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

Kisumu, Kenya, 27 November 2024 WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) and the United Cities and Local Governments of Africa (UCLG Africa) HAVING deliberated on the theme “Leveraging

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Kisumu, Kenya, 26 November 2024: – Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how

Afreximbank takes lead at GTR’s Africa Conference

London, United Kingdom, 20 November 2024: – A team from African Export-Import Bank (Afreximbank) joined more than 400 delegates from Africa-focused corporates and financiers of the continent’s trade, export and infrastructure finance market for the 2024 GTR Africa Conference in London, United Kingdom, on 14 November 2024. The event, which focused on addressing the pressing

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

Cairo, Egypt, 18 November 2024: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M’2024). The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels,

Afreximbank President Prof. Benedict Oramah awarded 2024 Medal of Glory for visionary leadership

Miami (U.S.A), 14 November 2024: – Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) has received the 2024 Medal of Glory award presented by the AGOA Civil Society Organization Network in Miami, United States. Presented during the 25th Annual U.S.-Africa Trade and Investment Conference/Expo (AfriCANDO 2024),

Afreximbank successfully prices its inaugural Samurai bonds, raising JPY 81.3 billion (about USD 530 million equivalent) comprising JPY 67.2 billion 5 regular tranches and JPY 14.1 billion 3-year Retail Samurai (“The Transaction”)

Tokyo, Japan – 14 November 2024… African Export-Import Bank (Afreximbank) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting of 2-year, 3-year, 5-year, 7-year and 10-year fixed rate tranches. Concurrently, the Bank launched its inaugural Retail Samurai bond with a 3-year fixed-rated tranche valued at JPY 14.1 billion.