Is the AfCFTA Delivering on its Promise?
04/02/2025The African Continental Free Trade Area (AfCFTA) was officially launched on 1 January 2021, with the ambitious goal of creating the world’s largest single market, integrating 55 countries with a.
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Afreximbank okays $200m for Ugandan Oil Pipeline
04/10/2022Afreximbank has approved $200 million for the financing of an oil pipeline to export Uganda’s crude saying, it is also willing to finance the construction of a refinery in the.
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Business & Economy
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Afreximbank to Double Support for Intra-African Trade
22/06/2022Afreximbank is to double its support to Intra-African trade and investments in the next five years, Mrs Kanayo Awani, Managing Director, Intra-African Trade Initiative, Afreximbank has said. She said over.
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Africa unveils new platform to cushion countries from Ukraine crisis shocks
12/05/2022African countries will be able to jointly procure essential commodities, whose supply has been affected by the Ukraine crisis, following the African Trade Exchange (ATEX) launch, a platform created to.
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Business & Economy
Nigeria signs $1b Intra-Africa trade deal with Afreximbank
14/12/2018Nigeria yesterday signed a $1billion Memorandum of Understanding (MoU) with the Africa Export-Import Bank (Afreximbank) to promote trade. The trade facilitation instrument will be managed by the Nigeria-Africa Trade and.
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Business & Economy
Afreximbank, Heirs Holdings sign $600 million financing agreement to scale energy investments
12/12/2018African Export-Import Bank, Afreximbank, has signed financing facilities totaling $600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company, further driving its mandate to facilitate the growth.
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Business & Economy
Central African Republic formalizes Afreximbank membership, deposits ratification document
05/12/2018Central African Republic has formalized its membership of the African Export-Import Bank, Afreximbank, with the deposit of the instrument of the country’s ratification of the Bank’s Establishment Agreement with the.
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Business & Economy
Trade minister, Afreximbank head prepare for first Intra-African Trade Fair
01/12/2018Minister of Trade and Industry Amr Nassar discussed on Saturday with members of a delegation from the African Export-Import Bank (Afreximbank) led by the bank’s head Benedict Orama, the final.
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Business & Economy
Afreximbank records $546.6m gross income
24/11/2018The African Export-Import Bank (Afreximbank) on Friday released its unaudited financial statements for the nine months ended Sept. 30, with a gross income of 546.6million dollars. The bank’s President, Dr.
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Business & Economy
European Investment Bank signs €200 million loan deal with Afreximbank to support job creation
23/11/2018The European Investment Bank has signed a new fifteen-year EUR 200 million loan agreement with the African Export-Import Bank (Afreximbank), aimed at supporting trade-related productive investments, including in renewable energy.
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