Nassau, The Bahamas, 02 July 2024: –African Export-Import Bank (Afreximbank) has signed an agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. Once implemented, the Afro-Caribbean Marketplace will comprise 90 outlets dedicated to the sale of authentically African
The Afreximbank Spouse Network (ASNET) donates USD 100,000 to local charities in Nassau, Bahamas
Nassau, The Bahamas, 01 July 2024: At a charity event hosted by African Export-Import Bank Spouse Network (ASNET), in collaboration with the office of the First Lady of The Commonwealth of The Bahamas, ASNET donated USD 100,000 to two local charity groups – The Salvation Army and Bahamas Children’s Emergency Fund. The event took place
Afreximbank and the WTO Secretariat harmonize efforts to develop trade in Africa
Cairo, June 28, 2024: Today, African Export-Import Bank (Afreximbank or “the Bank”) signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify the impact of their strategically aligned joint efforts of promoting global trade leveraging Africa’s unique resource endowment. The MoU will allow the two organizations to pursue a collaborative framework
Afreximbank signs collaboration MoU with Caribbean Export Development Agency
Nassau, The Bahamas, 28 June 2024: – African Export-Import Bank (Afreximbank) has entered into a Memorandum of Understanding (MoU) with the Caribbean Export Development Agency (CEDA) to formalise collaboration between the two institutions and provide a platform for exploring joint activities to support trade and investment flows between Africa and the Caribbean, and other collaborations.
FDH Bank Malawi bags US$15-million Afreximbank loan facility
Nassau, The Bahamas, 27 June 2024: – African Export-Import Bank (Afreximbank) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing sector, exporters and importers in Malawi. Under the terms of the agreement, signed during the just-concluded Afreximbank Annual Meetings (AAM2024) in Nassau, capital
Afreximbank signs two deals totaling US$80 million for Zimbabwe’s CBZ Bank
Nassau, The Bahamas, 25 June 2024: – In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility to CBZ Bank Limited, Zimbabwe’s largest bank. The line of credit facility will strengthen financial
Afreximbank takes Factoring and Receivables Finance discussion to its Annual Meetings in Nassau, The Bahamas
Nassau, The Bahamas – 21 June 2024 – The second day of African Export-Import Bank’s (Afreximbank) Annual Meetings (AAM 2024) that took place in The Bahamas from June 12 – 15 featured a highly informative Roundtable focusing on Factoring and Receivables Finance. This Roundtable brought together industry leaders, experts and stakeholders from Africa, the Caribbean
Afreximbank and BDEAC sign MoU strengthening their cooperation
Nassau, The Bahamas…21 June 2024: – African Export-Import Bank (Afreximbank) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional development finance institution established to promote the development of the Economic and Monetary Community of Central Africa (CEMAC), have entered into a memorandum of understanding (MoU) formalising their cooperation and collaboration in promoting
Fitch reaffirms Long-Term Issuer Default Rating for Afreximbank at ‘BBB’, with Stable Outlook.
Cairo, 21 June 2024: – Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) for African Export-Import Bank (Afreximbank) at ‘BBB’, with a Stable Outlook. The agency also affirmed the Bank’s Short-Term IDR at ‘F2’ and the long-term ratings on the Bank’s Global Medium Term Note Programme and Debt Issuances at ‘BBB’. The ratings
Afreximbank signs term sheet to finance new terminal at Cameroon’s Douala Port
Nassau, Bahamas 20 June 2024: –African Export-Import Bank (Afreximbank) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million. According to the term sheet, the proposed facility will be in two tranches in Euro and Central
Afreximbank and Africa CDC pledge US$2 billion facility in support of Africa Health and Pharmaceutical Products Manufacturing
Paris, France – June 20, 2024: African Export-Import Bank (“Afreximbank” or “the Bank”) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced today on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Through this collaboration, Afreximbank has
AFREXIMBANK AND AFRICA CDC JOIN HANDS TO STRENGTHEN HEALTH SYSTEMS IN AFRICA
Cairo, Monday, 19 June, 2024: On June 4, 2024, African Export-Import Bank (Afreximbank or the Bank) entered into a Cooperation Agreement with the Africa Centres for Disease Control and Prevention (Africa CDC) to leverage their strengths in boosting health systems across Africa and improving the livelihoods of African citizens. This milestone agreement underscores the commitment of