News & Events
Industrialisation and African Diaspora Investment are Key to Boosting Africa’s Capital Stock, Says Afreximbank President
Cambridge, United States, 30 April 2018: Industrialization and African Diaspora investment are key to raising Africa’s capital stock which will trigger faster economic growth and development in the continent, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said.
Cairo, 29 April 2018: – The success of the African Continental Free Trade Area (AfCFTA) will rest significantly on the ability of the continent’s private sector to generate or create the goods that will enter the trade, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), said today.
Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank) has held discussions with Salvatore Garang Mabiordit, Minister of Finance and Planning of South Sudan, on ways of strengthening collaboration with the country in order to support its economic revival.
Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has met with José de Lima Massano, Governor of Banco National de Angola, Angola’s central bank, to discuss ways to support the Angolan banking sector, enhance trade, and facilitate broader access to trade finance.During the meeting, which took place on 20 April in Washington D.C. on the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank, Dr. Oramah expressed Afreximbank’s commitment to expanding its trade finance intervention in Angola, which is a founding shareholder of the Bank.
The African Export-Import Bank (Afreximbank) on Saturday in Washington D.C., on the sidelines of the IMF/World Bank Spring Meetings, hosted governors of central banks of the West African Monetary Zone (WAMZ) to a breakfast meeting to discuss areas of possible cooperation in the implementation of the Bank’s Pan-African Payment and Settlement Platform.
News & Events
Afreximbank, Kings College Hospital Enter Agreement with Health Ministry for Healthcare Centre of Excellence in Nigeria
Abuja, 19 July 2017: – The African Export-Import Bank (Afreximbank), Kings College Hospital (KCH), London, and the Nigerian Ministry of Health have entered into a memorandum of understanding (MOU) to collaborate in developing a centre of excellence for healthcare in Nigeria.
Cairo, 13 July 2017: – The African Export-Import Bank (Afreximbank) has announced the appointment of Ibrahim Sagna as Director of its Advisory and Capital Markets (ACMA) Department.
A delegation from the African Export-Import Bank (Afreximbank) was in Gabon for three days of discussions aimed at increasing the Bank’s financial and advisory support for the country’s economic transformation.
Libreville, 07 July 2017: – The African Export-Import Bank (Afreximbank) has provided a total of $200 million in financing to date to support the Gabonese economy, Rene Awambeng, the Bank’s Director of Client Relations, has announced.
Kigali, 04 July 2017: – To build robust domestic and continental supply chains and facilitate seamless flow of goods and services across Africa’s borders, the African Export-Import Bank (Afreximbank) is introducing a programme to support companies with proven intra-African trade experience and operations and with value chains spanning across countries, Bank President Dr. Benedict Oramah, has announced in Kigali
Kigali, 03 July 2017: – The size of intra-African trade could be doubled from the current level of about $170 billion per year to almost $400 billion by addressing the issue of availability of market information on the continent, Dr. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), has said in Kigali.
Kigali, 02 July 2017: – The 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) ended in Kigali on Saturday with President Paul Kagame of Rwanda saying that the many economic challenges confronting Africa should drive African countries to urgently increase trade among themselves.
Kigali, 02 July 2017: – The Economic Community of West African States (ECOWAS) should adopt a two-track approach to the introduction of a common currency, with countries that are ready being allowed to go ahead with implementation initially, former Nigerian President Olusegun Obasanjo has proposed.
Dangote Industries to get $1 Billion, and Heirs Holdings $100 Million, in Afreximbank Financing for Intra-African Trade
Kigali, 30 June 2017: – The African Export-Import Bank (Afreximbank) today in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited.