Afreximbank, Uganda Development Bank sign financing agreement
African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework…
Afreximbank
Afreximbank to double intra-African trade financing to $40 billion
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) plans to double its financing of intra-African trade from US$20 billion in 2021…
Afreximbank announces short film competition
African Export Import Bank (Afreximbank), through its Creative Africa Nexus (CANEX) program is excited to announce the second…
Annual Africa-Caribbean trade could reach $1.8 billion by 2028
Trade between Africa and the Caribbean could rise to $1.8 billion per year by 2028 if value addition,…
WTO, Afreximbank to leverage Africa’s unique resource endowment
Today, African Export-Import Bank signed a Memorandum of Understanding (MoU) with the World Trade Organization (WTO) to amplify…
Afreximbank, Africa CDC pledge $2 billion for Africa’s health
African Export-Import Bank (Afreximbank) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their…
Afreximbank invests in Bloom Africa Holdings Limited
The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom…
Intra-African Trade Fair secures $43.8 billion deals
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9…
Cairo to host Afreximbank African trade center
African Export-Import Bank has signed a formal agreement for the acquisition of land for the New Administrative Capital…
Afreximbank to host deal room at African Energy Week
As Africa’s mergers and acquisitions (M&A) continue to surge, pan-African supranational multilateral financial institution the African Export-Import Bank…
Afreximbank launches insurance subsidiary to support intra-African trade
The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today in Accra launched its wholly owned insurance management services subsidiary, AFREXInsure,…
Partners to deploy vaccines for 400 million Africans
The President of the World Bank, Mr David Malpass, and his senior management team comprised of Dr Axel…
UK-Africa Forum on Trade to examine policy
Invest Africa, a Pan-African business and investment platform, aims to build constructive dialogue between policy makers and business…
Exponential growth possible for Africa’s automotive industry
The development of regional value chains could see new vehicle sales increase from 1 million to 5 million…
Africa gets $32.6 billion deals for power, manufacturing, gas projects
Africa gets $32.6 billion deals for power, manufacturing, oil and gas, financial services, logistics projects at the Intra-African…
Gabon secures 30 million euros for special economic zone
The African Export-Import Bank (Afreximbank) in Cairo signed an agreement granting an EUR 30 million revolving trade financing…
Financial institutions advised to transform African trade
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue, says…
Kenya to deepen African trade
Building up to the Inaugural Intra-African Trade Fair (IATF) the Export Promotion Council of Kenya (EPC) and the…
Nordic Investment Bank provides 100 million Euros for Africa’s trade
The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of…
Casablanca to host Africa’s structured trade finance meeting
The city of Casablanca, Morocco, is set to host African Export-Import Bank (Afreximbank’s) annual meeting on ‘structured trade…
Chinese $850 million for Africa set to expand trade
The African Export-Import Bank (Afreximbank) says the $850 million in financing facilities being made available to the Bank…
Africa, India trade grows ten fold
Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national…
Agencies collaborate to boost intra-Africa trade
By Omer Redi – The United Nations Economic Commission for Africa (UNECA), the Africa Development Bank (AfDB) and…