African export-import bank News & Events - African export-import bank

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Jul 23 2016

Afreximbank announces 2015 performance, shows 25% income growth

Mahe (Seychelles), 23 July 2016 – The African Export-Import Bank (Afreximbank) achieved a record 25 per cent rise in its net income from 2014 to 2015, taking in $134 million in 2015 compared to $107 million in 2014, Bank President Dr. Benedict Oramah has announced in Mahe, Seychelles. In his report to the 23rd Annual …

News

Jul 22 2016

Speakers blame visa regime for impeding African trade

Mahe (Seychelles), 22 July 2016 – Speakers at activities marking the 23rd Annual General Meeting of Shareholders (AGM) of the African Export-Import Bank (Afreximbank’s) today in Mahe, Seychelles, said that the visa regime operating across Africa was one of the greatest impediments to the growth of intra-African trade. Wale Tinubu of Oando Group of Nigeria, …

News

Jul 21 2016

Obasanjo urges Africa to focus on locally available commodities for growth

Mahe (Seychelles), 21 July 2016 – Former Nigerian President Olusegun Obasanjo today in Mahe, Seychelles, said that African countries could achieve industrialisation by focusing their efforts on locally available commodities and by developing local entrepreneurs and industrialists. Chief Obasanjo was addressing participants during seminars of the African Export-Import Bank (Afreximbank’s) Advisory Group on Trade Finance …

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Jul 20 2016

Afreximbank supports African trade with over $15 billion of annual financing, AGM participants hear

Mahe (Seychelles), 20 July 2016 – With the more than $15 billion provided annually to African businesses, the African Export-Import Bank (Afreximbank) is achieving its mandate of financing, promoting and expanding intra and extra-African trade, participants heard today in Mahe, Seychelles, at the opening of activities marking the 23rd Annual General Meeting of Shareholders of …

News

Jul 05 2016

Africa needs facilitating infrastructure to tap €200-billion factoring growth – Seminar told

Abuja, 05 July 2016: – With Africa’s factoring volume expected to reach 200 billion Euros in 2020, the continent must put in place facilitating legal and regulatory infrastructure to enable it take advantage of the many opportunities associated with factoring, Kanayo Awani, Managing Director of the Intra-African Trade Initiative at the African Export-Import Bank (Afreximbank), …