Kigali, 31 October 2024: The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank), has announced the Republic of Malawi’s accession to the FEDA Establishment Agreement. This key milestone reflects the Fund’s growing support across Africa, bringing the total number of participating countries in FEDA to eighteen.

Afreximbank Announces Investment Conference in Kisumu, Kenya to Strengthen Sub-Sovereign Participation in Intra-African Trade Cairo, 28 October 2024: – In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank), in collaboration with

L-R: Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank at Afreximbank, H.E. Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank, Professor Yemi Osinbajo, SAN, GCON, the Immediate Past Vice President of the Federal Republic of Nigeria, H.E. Monique Nsanzabaganwa, Ph.D. Deputy Chairperson, African Union Commission and Mr. Denys Denya, Senior

Algiers, 28 October 2024 – The second edition of the Creative Africa Nexus Weekend (CANEX WKND 2024) has drawn to a close in Algiers, Algeria. The vibrant, four-day event convened 108 Exhibitors, 11 Masterclasses and close to 4,000 attendees from across 81 countries in Africa, the Caribbean and the diaspora – featuring creatives, industry leaders,

Algiers, 25 October 2024: – African Export – Import Bank’s (Afreximbank) Angel investors participating in a pitch session at the just-concluded CANEX WKND 2024 in Algiers have committed a total of US$350,000 in investment into the three best pitches presented at the competition. The pitch session, dubbed “CANEX Presents the Angels”, featured 12 creative entrepreneurs

Algiers, 24 October 2024 – Afreximbank’s CANEX Prize for Publishing in Africa, a partnership between the CANEX Book Factory and the Narrative Landscape Press Limited announced Cassava Republic Press, Nigeria as its inaugural winner for the 2024 CANEX Prize for Publishing in Africa. The award, which celebrates excellence in African publishing, recognised Cassava Republic Press for

Algiers, 23 October 2024: –  African Export-Import Bank (Afreximbank) and Mediwood Studios in Tunisia have signed a Term Sheet for a US$3 million facility aimed to Strengthen Mediwood’s position as a key contributor to the growth of the Tunisian film industry. As part of the agreement, signed on 19October 2024 on the sidelines of the

Algiers, 22 October 2024: – African Export-Import Bank (Afreximbank) has announced the signing of a EUR 245-million global facility with the New World Television (NWTV) network.  The funding will part finance the network’s acquisition of media licensing rights for selected broadcasting sport copyrights from global media rights holders to permit broadcast across Africa. The facility

Cairo, 21 October 2024 – African Export-Import Bank (“Afreximbank”) is pleased to announce that it has successfully acted as Joint Lead Manager and Bookrunner on a USD 400 million 10.125% Rule 144a/RegS senior unsecured note issuance by Ecobank Transnational Incorporated (“ETI”) due in October 2029. The proceeds of the note will fund general corporate purposes

Algiers, 18 October 2024 – President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah, has announced that Afreximbank will increase its funding to the Creative Africa Nexus (CANEX) programme from $1 billion to $2 billion for the next three years. The announcement was made during the CANEX WKND 2024 opening ceremony

Algiers, 16 October 2024 – The Creative Africa Nexus Weekend (CANEX WKND) 2024, a flagship initiative by African Export-Import Bank (Afreximbank) kicked off today, Wednesday 16 October 2024, marking a pivotal and significant moment for the cultural and creative industries in Global Africa. Ahead of the official opening, the President and Chairman of Board of

Cairo, Monday, 14 October 2024 Enterprise Singapore (EnterpriseSG) and African Export-Import Bank (Afreximbank) have signed an agreement to enhance access to financing for Singapore companies seeking to venture into Africa. This marks the first partnership between EnterpriseSG and a multilateral development bank[1], as part of the Enterprise Financing Scheme – Multilateral Development Banks (EFS-MDB). This