News articles

Afreximbank delivered exceptional 2024 financial performance, cementing its position as a systemic pan-African trade finance institution

FORWARD-LOOKING STATEMENTS The Bank makes written and/or oral forward-looking statements, as shown in this presentation and in 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 key members of the investment community. Statements regarding the

Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria - marking a new era for Intra-African trade

Representative of H. E. Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, The Federal Republic of Nigeria, Senator George Akume,  Secretary to the Government of the Federation (cutting ribbon in the middle) flanked on his immediate left by President and Chairman of Board of Directors, Afreximbank, Professor, Benedict Oramah, Minister of Finance

Afreximbank issues first Panda bond in China Interbank Market with RMB 2.2 billion issuance

Cairo, Egypt, 08 April 2025: –African Export-Import Bank (Afreximbank) has successfully issued its first Panda bond in the China Interbank Market under the Bank’s 2025 Panda Bond Programme, printing a three-year RMB 2.2 billion (about US$ 303 million equivalent) bond with a final coupon rate of 2.99 per cent. The issuance, on 28 March, followed

Afreximbank receives three awards at the 2025 International Financial Law Review awards

Cape Town, South Africa, 04 April 2025: African Export-Import Bank (Afreximbank) has been recognised in three award categories by the International Financial Law Review (IFLR), a globally recognized authority on financial law and transactions. The 2025 IFLR awards, held annually, spotlight the most innovative cross-border deals in Africa and the legal teams and firms driving

Oando PLC Joins Afreximbank’s AfrexInsure Portfolio

Cairo, Egypt, 31 March 2025: – AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele portfolio, this new development aligns

AFREXIMBANK AND ZEP-RE LAUNCH THE TRANS-AFRICA BOND ALLIANCE (TABA)

Friday 28th March, Nairobi, Kenya  – African Export-Import Bank (Afreximbank) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment

Afreximbank breaks ground on historic state-of-the-art AATC in Barbados, first outside Africa

At the Barbados AATC groundbreaking, from right to left: Hon. Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and Hon. Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials. Bridgetown, Barbados, 24 March 2025:

Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth

Afreximbank and Somalia government officials pose for a photo during the Bank’s official visit to the country Cairo, Egypt, 24 March 2025: – Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank), becoming the 53rd African member state of the African multilateral financal institution and bringing the Bank closer to its

Creative Africa Nexus (CANEX) announces second edition of the Prize for Publishing in Africa

21 March 2025 – Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) invites African publishers of trade books to apply for the second edition of the CANEX Book Factory Prize for Publishing in Africa. The initiative, developed in partnership with Narrative Landscape Press Limited, underscores the commitment of Afreximbank through the CANEX

Algeria steps up preparations for IATF2025 as six-month countdown starts

Deputy Chairman of the IATF Advisory Council and former President of Afreximbank, Mr. Jean Louis-Ekra (in the middle), Algeria’s Minister of External Trade and Export Promotion, Hon. Mohammed Boukhari (second right), Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development at Afreximbank (second left) and Mr. Albert Kan-Dapaah, representing H.E. Wamkele Mene, Secretary-General

Uganda joins Afreximbank’s FEDA as 21st Member State

FEDA Chief Executive Officer, Marlene Ngoyi with Ambassador Philip Rukikaire, Head of Regional Peace and Security Department at the Ministry of Foreign Affairs, Uganda Kampala, Uganda, 06 March 2025: – The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) development impact investment arm, into

ARISE IIP secures $450 million Afreximbank facility for industrial parks, Special Economic Zones development

Cairo, Egypt… 06 March 2025: In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit facility with ARISE IIP, the leading pan-African developer and operator of world-class industrial parks. This financing will support the development of industrial parks and Special Economic Zones (SEZ), while

Afreximbank and Kenyan government ink milestone agreements to promote industralisation

H.E. Dr. William Ruto (fourth right), President of the Republic of Kenya together with Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank (third left) during the signing ceremony in Mombasa, Kenya Afreximbank to finance development and operationalisation of industrial parks and special economic zones to bolster industralisation and export manufacturingAfreximbank also

CARICOM Development Fund and Afreximbank Sign Grant Agreement to Establish Green, Resilience and Sustainability Facility

Bridgetown, Barbados. 24 February 2025  – The CARICOM Development Fund (CDF) and African Export-Import Bank (Afreximbank) have signed a €708,000 Grant Agreement to support the development of a Green, Resilience, and Sustainability Facility (GRSF). The agreement was formalized during the plenary session of the 48th Regular Meeting of the Conference of Heads of Government of

Afreximbank to Set Up $1 Billion Oil Service Financing Facility in Guyana

H.E. Mohamed Irfaan Ali, President of Guyana (right) welcomes Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) during the Guyana Energy Conference Georgetown, Guyana, February 21, 2025 – In a significant announcement at the Guyana Energy Conference and Supply Chain Expo being held from, February 18 –

EVP Awani sees Africa’s critical minerals as pathway to continent’s industrial development

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank speaking at Mining Indaba Cape Town, South Africa, 13 February 2025: – Africa’s critical minerals are a definite pathway to the continent’s industrial development, social upliftment and economic prosperity, Mrs. Kanayo Awani, Executive Vice President, Intra African Trade and Export Development Bank,