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Afreximbank

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    • Afreximbank dominates Bonds, Loans & Environmental, Social and Governance (ESG) Capital Markets Awards 2024
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Source: Afreximbank |

Afreximbank dominates Bonds, Loans & Environmental, Social and Governance (ESG) Capital Markets Awards 2024

Afreximbank was recognised with ‘Financial Institutions Bond Deal of the Year’ for acting as Joint Lead Manager on the debut USD 300 million senior Eurobond issuance by Mauritius Commercial Bank

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) swept the stage at the recently concluded Bonds, Loans and ESG Capital Markets Africa Awards 2024 ceremony, taking home six of the awards handed out at the event held in South Africa. Delivered on the sidelines of the conference on 6 March, the awards recognised…

Afreximbank

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    • Left – Right: Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank CARICOM Office, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, Honourable Mia Mottley, Prime Minister of Barbados and Mr. Dami
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Source: Afreximbank |

Afreximbank Supports Rehabilitation of Sporting Facility in Barbados Ahead of the 2024 Cricket World Cup

The facility will go towards renovation and refurbishing works; upgrading of the Garfield Sobers Players’ Pavilion; upgrading A/V and electrical systems as well as procurement of temporary stands

African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) announced today that it has extended a USD 25 Million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set to take place from June 4th…

Afreximbank
Source: Afreximbank |

Fund for Export Development in Africa (FEDA) invests in Bloom Africa Holdings Limited to support its expansion in West Africa

This investment will support BAHL's growth initiatives, enabling the company to enhance its platform and services across West Africa

The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary (www.Afreximbank.com), has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa.…

Afreximbank

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    • Algeria signs Hosting Agreement for Intra-African Trade Fair 2025
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Source: Afreximbank |

Algeria signs Hosting Agreement for Intra-African Trade Fair 2025

The IATF is now a foremost event in the African calendar of economic, social, trade and even policy events

The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on 15 April 2024. The Ceremony, which was hosted by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic…

Afreximbank

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    • Afreximbank President and Chairman of Board of Directors, Prof. Benedict Oramah (standing second left) together with the The Honourable Philip Davis, K.C, Prime Minister of the Commonwealth of The Bahamas (standing right) watch as Anne Ezeh, Director Communications and Events, Afreximbank and Creswell Sturrup, Permanent Secretary in the Office of Prime Minister, Government of Commonwealth of The Bahamas sign 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)
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Source: Afreximbank |

The Bahamas to Host 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum

The impact of the three-day event will be heightened by the Opening Ceremony, the Presidential Plenary and high-level panel sessions

The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/) have today 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,…

Afreximbank

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    • Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations
    • Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations (FR)
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Source: Afreximbank |

Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations

Net interest income reached US$1.4 billion at the end of the 2023 financial year, compared to US$910.3 million in 2022

African Export-Import Bank ("Afreximbank" or the "Group") (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the year ended 31 December 2023. Largely propelled by the Bank's and its subsidiaries' growth, the Group's results for the financial year ended 31 December 2023 demonstrate a strong and…

Afreximbank

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    • Afreximbank launches Policy Research Working Paper Series
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Source: Afreximbank |

Afreximbank launches Policy Research Working Paper Series

The launch of this policy research series aligns with Afreximbank's goal of becoming a leading authority in African trade and trade finance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has introduced the Afreximbank Policy Research Working Paper Series (APRWPS) and is inviting authors to submit manuscripts for publication. The APRWPS will provide a platform for Afreximbank staff, academics, scholars, institutions and practitioners to share preliminary research findings on topics concerning African trade, trade finance…

Afreximbank
Source: Afreximbank |

Afreximbank to offer Supply Chain Finance in Nigeria in partnership with Sterling Bank

The partnership with Sterling Bank is a unique and innovative arrangement which leverages the complementary strengths of both institutions to provide a comprehensive market-led solution to Nigerian corporates

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates and commercial banks with…

Afreximbank
Source: Afreximbank |

Afreximbank, Cassa Depositi e Prestiti S.p.A (CDP) sign Memorandum of Understanding (MoU) for €200-million facility to support food security interventions across Africa

The new financing from CDP will be used to provide support, either directly to eligible African enterprises, or indirectly through local financial intermediaries

The financing will support the Bank’s interventions in food security and climate smart agriculture; The two also signed an MoU to enhance cooperation between Italian and African companies. Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have…

Afreximbank

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    • Afreximbank's MANSA Digital Initiative Achieves Four ISO Standards Certifications for its Integrated Management System (IMS)
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Source: Afreximbank |

Afreximbank's MANSA Digital Initiative Achieves Four ISO Standards Certifications for its Integrated Management System (IMS)

MANSA Digital Initiative is the pioneering recipient of the PIMS certification among the four distinguished categories

The Africa Export-Import Bank (Afreximbank's) (www.Afreximbank.com) MANSA Digital Initiative, a Pan-African due diligence platform, has been awarded four ISO standards for the effective implementation of its Information Management Systems (IMS). MANSA Digital Initiative is a pan-African customer due diligence platform created by Afreximbank to promote, expand and support both intra…