Cairo, 07 Oct. 2024: – In its ongoing efforts to foster stronger trade links across the continent, African Export-Import Bank (Afreximbank) partnered with ARISE Gabon Special Economic Zone (GSEZ) to host the first African Buyer Tour Programme in Gabon under the African Buyers Programme initiative (ABP). The event brought together buyers from some of the
Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
Cairo, 04 October 2024: – African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the
African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week
Paris, 03 Oct. 2024: – Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, 18 exceptional fashion brands from across Africa and the diaspora exhibited their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa initiative.
African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week
Paris, 03 Oct. 2024: – Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, over 20 exceptional fashion brands from across Africa and the diaspora showcased their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa
Fund for Export Development in Africa and Africa Finance Corporation power ARISE IIP’s US$443 Million capital raise
Dubai, 02 October 2024 — ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million. The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in
Afreximbank Joins Africa Collective & AfCFTA as Host Partner at Davos 2025
Switzerland, Davos, September 30, 2024: Africa Collective and the African Continental Free Trade Area (AfCFTA) Secretariat are happy to announce African Export-Import Bank (Afreximbank) as their Host Partner at Davos 2025, on the margins of the World Economic Forum. The strategic partnership between Afreximbank, Africa Collective and the AfCFTA Secretariat was borne out of a
Haiti becomes 12th CARICOM member state to accede to the Afreximbank Partnership Agreement
New York, 30 September 2024: – Haiti has become the 12th Caribbean Community (CARICOM) member state to accede the partnership agreement between and among CARICOM countries and African Export-Import Bank (Afreximbank). During a ceremony on September 25 at the Haitian Investment Forum, held on the sidelines of the 79th United Nations General Assembly (UNGA) in
PAFTRAC urges increased efforts to raise awareness of AfCFTA’s operational mechanisms
L-R: Prof. Patrick Utomi, Chairman Pan African Private Sector Trade and Investment Committee (PAFTRAC), Mounira Smihi, Executive Director, Bank of Africa, Zurich, Ashish Shah, Di-rector, Division of Country Programmes, International Trade Center (ITC) Zelda Hunter, Partner, White & Case, Sergio Silva, IC Publications (moderator) Geneva, 25 September 2024: – African regulators and policymakers should take
National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance
Cairo, 25 September 2024: –In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in
Afreximbank reconstitutes its Creative Africa Advisory Group ahead of CANEX Weekend
Egypt, Cairo, 09 July 2024 – Ahead of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, African Export-Import Bank (Afreximbank) has announced the reconstitution of the Creative Africa Advisory Group (CAAG). This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme. The first meeting of the reconstituted