Cairo, 04 Sept. 2024: – African Export-Import Bank (Afreximbank) has responded to the devastation caused by Hurricane Beryl, donating over half a million US dollars to aid disaster relief and rebuilding efforts across Caribbean countries that were hard-hit.  Hurricane Beryl severely devastated the Grenadian islands of Carriacou and Petite Martinique as well as several islands

Cairo, 23 Aug. 2024: – African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 per cent participating interest held by Nigerian Agip Oil Company Limited (NAOC) in the

Moroni, August 23, 2024 – The Central Bank of Comoros (Banque Centrale des Comores-BCC) and the Pan-African Payment and Settlement System (PAPSS) announce the official commencement of activities for the implementation of PAPSS in Comoros. This initiative, supported by Afreximbank and the African Union, is part of efforts to make the African Continental Free Trade

FORWARD-LOOKING STATEMENTS African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and 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 members of the investment community. Statements regarding

The Marley family, Scorpion Kings, Sofiya Nzau, Flavour, and Olodum unite on Groundbreaking EP “One Drum” This initiative is under the auspices of CANEX Creations Incorporated which seeks to support the commercialization of IP assets Cairo, Egypt: 16 August 2024: – African Export – Import Bank (Afreximbank) through its Creative Africa Nexus (CANEX) Programme is thrilled

Cairo, Egypt… 15 August 2024: –African Export-Import Bank (Afreximbank) has signed a project preparation facility agreement with Veenocks Limited for the financing of the development of Veenocks’ porcelain tile manufacturing plant located in Sagamu, Ogun State, Nigeria. The plant, to be operated as an indigenously owned state-of-the-art facility with an annual production capacity of 6.6

Cairo, Egypt… 12 August 2024: – African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.   Under the

Abuja, 09 August 2024: – African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in Abuja at the African Caucus Meeting of the

ALGIERS, ALGERIA, 07 August 2024 – African Export-Import Bank (Afreximbank), in partnership with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat, and the Government of the People’s Democratic Republic of Algeria, proudly announces the return of the Creative Africa Nexus Weekend (CANEX WKND) 2024. This groundbreaking event is scheduled to

Luanda, Angola, 02 August, 2024: African Export-Import Bank (Afreximbank or “The Bank”) and Amufert SA announced that they have signed terms for a USD 1.4 Billion facility to support the establishment of a fertilizer plant in Angola.  Afreximbank is arranging the required debt funding in its capacity as Mandated Lead Arranger and is also supporting

Cairo, 02 August 2024:– African Export-Import Bank’s (Afreximbank) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has been awarded the ISO/IEC 17025:2017 accreditation by the South African National Accreditation System (SANAS), one of the key accreditation bodies in Africa responsible for carrying out conformity assessments as

Accra, Ghana 01 August 2024, The Alliance of African Multilateral Financial Institutions (AAMFI) held the third meeting of its Governing Council on the margins of the African Union Mid-Year Coordination Meeting, held in Accra, Ghana, during which it welcomed the endorsement of the Alliance by the African Union (AU) Ministers of Finance and Central Bank