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For Development Of Private Sector To Advance Africa Economic Cooperation On the sidelines of the recently concluded 2024 Islamic Development Bank (IsDB) Group Annual Meetings and Golden Jubilee Celebrations, African Export-Import Bank (Afreximbank or “the Bank”) concluded arrangements for a facility of USD 250 million with the International Islamic Trade Finance Corporation (ITFC) and USD […]
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The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) have signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in Nassau, The Bahamas, from 12 – 14 June 2024. Professor […]
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Sponsored By The Nigerian National Petroleum Company Limited African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facilitysponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial disbursement of US$2.25 billion has been made. A second tranche of US$1.05 billion is expected to be disbursed subsequently. This landmark financing is […]
...The two sides agreed to take the signing of this agreement as an opportunity to strengthen cooperation in various areas On October 17, in the presence of Shengjun Ren, President of CEXIM and Prof. Benedict Oramah, Afreximbank President and Chairman of the Board of Directors (https://www.Afreximbank.com/) at the CEXIM Headquarters in Beijing, Mr. Wencai Zhang, […]
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Speaking after the signing, Prof. Oramah pointed out that African SMEs continue to struggle to access adequate and affordable financing for growing their businesses The China Development Bank (CDB) today in Cairo signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) with a US$400-million term loan facility to support the financing of […]
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At African Energy Week 2023, Afreximbank will host a deal room, providing a crucial space for key stakeholders to collaborate and advance discussions, negotiations, and partnerships that will shape Africa’s energy sector As Africa’s mergers and acquisitions (M&A) continue to surge, pan-African supranational multilateral financial institution the African Export-Import Bank (Afreximbank) will host a deal […]
...(AfCFTA) At 2nd Russia-africa Economic & Humanitarian Forum Afreximbank offers a portfolio of solutions to support investments in agriculture, industrial parks and critical infrastructure, in partnership with the Russian Export Centre With the prevalent dependency of African economies on external supply of fertilizers and grains and up to 30% of cereals imported from Russia, ensuring […]
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Gwen Mwaba, Director & Global Head of Trade Finance at Afreximbank has confirmed her participation at AOG 2023, where she will speak about financing opportunities within Angola’s energy sector Gwen Mwaba, Director & Global Head, Trade Finance at supranational multilateral financial institution, African Export-Import Bank (Afreximbank), will speak at this year’s edition of the Angola […]
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The three-year Country Programme of up to US$3 billion will support viable trade and trade-related investments in Kenya in both the private and public sectors African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) on 2 May 2023 in Nairobi signed a US$3 Billion Country Programme with the Government of Kenya. The official signing ceremony was […]
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The facility will enable BPC to expand its factoring activities by engaging in domestic and cross-border factoring African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC […]
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