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African Export‑Import Bank (Afreximbank) has extended a USD 15 million SME Finance Facility to Ecobank Zimbabwe Limited under its Export SME Development Programme (ESDP).The facility will provide working capital and capital expenditure financing to Small and Medium Enterprises (SMEs) operating within export value chains across key sectors of the Zimbabwean economy, including agribusiness, manufacturing, healthcare, […]
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African Export-Import Bank (“Afreximbank” or the “Bank”) and its subsidiaries (the “Group”) has announced strong results for the year ended 31 December 2025, underscoring sustained financial resilience, increased market confidence and strategic execution. Total assets and contingencies rose by 21% to US$48.5 billion, up from US$40.1 billion as at 31 December 2024, underscoring the Bank’s […]
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To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impact of the ongoing Gulf crisis. The conflict, which […]
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African Export-Import Bank (Afreximbank) is pleased to launch the second season of its documentary series, Impact Stories. Building on the success of the inaugural season, the new collection of six films expands the series’ geographic scope to capture the Bank’s growing footprint across Global Africa, featuring stories from the Caribbean and Africa. Produced by Afreximbank […]
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The African Export-Import Bank (AfreximBank) has ended its relationship with Fitch Ratings, escalating a dispute over how the agency assesses the multilateral lender’s creditworthiness. The decision follows Fitch’s downgrade of the bank last year to just one notch above junk, a move Afreximbank argues fails to reflect the legal protections and governance framework outlined in […]
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The African Export-Import Bank (Afreximbank) and the International Trade Centre (ITC) have renewed and expanded their memorandum of understanding (MoU), underscoring their commitment to strengthening intra-African trade, small and medium-sized enterprise (SME) competitiveness, and South-South cooperation. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) by Prof. Benedict […]
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The Bank of Agriculture (BOA), represented by its Managing Director/Chief Executive Officer, Mr. Ayo Sotinrin, has signed a landmark deal with African Export-Import Bank (Afreximbank), represented by the Executive Vice President for Intra-African Trade and Export Development, Mrs. Kanayo Awani. The agreement was finalised during the recently concluded and highly successful Intra-African Trade Fair (IATF) […]
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In a landmark decision set to shape Africa’s financial future, Dr. George Elombi, a seasoned Cameroonian lawyer and long-serving executive, has been appointed as the next President and Chairman of the Board of the African Export-Import Bank (Afreximbank). His appointment was confirmed during the bank’s annual general meeting on June 28, 2025, in Abuja. Dr. […]
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Digital Public Infrastructure (DPI)—encompassing interoperable systems such as digital payments, identity frameworks, and data-sharing networks—is revolutionizing Africa’s economic and social spheres. This report identifies the primary leaders advancing DPI across the continent, detailing their roles, initiatives, and collaborative efforts. The African Union (AU), African Export-Import Bank (Afreximbank), national governments, private sector innovators, and international organizations […]
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African Export-Import Bank (Afreximbank) is participating at COP29 in Baku, Azerbaijan, where it is doubling-down on its commitment to facilitating a just energy transition for Africa that supports the continent’s critical development needs and unlocks its economic potential. The Bank’s participation will align with the African Union’s Nairobi Declaration from the 2023 Africa Climate Summit and […]
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