We use cookies to improve your experience. By your continued use of this site you accept such use.
Afreximbank

  • Multimedia content

  • Images (1)
    • Image on the left: Mr. Paul Russo, Group Managing Director of KCB; Mr. Mike Ogbalu, CEO of PAPSS; Hon. Lee Kinyanjui, Cabinet Secretary Ministry of Investments, Trade and Industry, during the KCB launch event of PAPSS in Nairobi on 27th of February. Image on the right: Mr. Mike Ogbalu, CEO of PAPSS and Dr. Diane Karusisi, CEO of Bank of Kigali, during the Bank of Kigali launch event of PAPSS in Kigali on the 26th of February
  • All (1)
Source: Afreximbank |

KCB Group and Bank of Kigali launch Pan-African Payment and Settlement System (PAPSS), enabling seamless and affordable cross-border payments across Africa

With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies

The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the…

Afreximbank
Source: Afreximbank |

ARISE IIP secures $450 million Afreximbank facility for industrial parks, Special Economic Zones development

ARISE IIP will deploy the remaining US$ 150 million to develop an industrial park in Lilongwe, Malawi, and as trade finance for the activities of its export trading company in Malawi under Afreximbank’s Export Agriculture for Food Security initiative

In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) signed a US$450 million global credit facility with ARISE IIP, the leading pan-African developer and operator of world-class industrial parks. This financing will support the development of industrial parks and Special Economic Zones (SEZ),…

Afreximbank

  • Multimedia content

  • Videos (1)
    • Afreximbank and Kenyan government ink milestone agreements to promote industralisation
  • Images (1)
    • President William Ruto of Kenya and President Benedict Oramah of Afreximbank during the signing of multiple agreements on industrialisation in Mombasa, Kenya
  • All (2)
Source: Afreximbank |

Afreximbank and Kenyan government ink milestone agreements to promote industralisation

Afreximbank will finance the development and operationalisation of industrial parks (IPs) and special economic zones (SEZs) to bolster the country’s industrialisation and export manufacturing

Afreximbank to finance development and operationalisation of industrial parks and special economic zones to bolster industralisation and export manufacturing Afreximbank also commits to three-year US$3 billion Kenya country programme to support trade and trade-related investments African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s foremost trade development Bank, today in Mombasa, Kenya, ratified…

Afreximbank

  • Multimedia content

  • Images (1)
    • Beyond Finance, Afreximbank's Impact Stories series spotlights Africa's growth and economic potential
  • All (1)
Source: Afreximbank |

Beyond Finance, Afreximbank's Impact Stories series spotlights Africa's growth and economic potential

Filmed across six countries and sectors, the inaugural season consists of six episodes that showcase some of Afreximbank’s development impact through inspiring short documentary-style films

Afreximbank (www.Afreximbank.com) is pleased to announce the launch of its new documentary series titled – Impact Stories, which aims to showcase the development impact of the Bank’s interventions across various sectors and countries on the continent and in the diaspora. Season One of the series consists of six episodes which went…

Afreximbank
Source: Afreximbank |

CARICOM Development Fund and Afreximbank Sign Grant Agreement to Establish Green, Resilience and Sustainability Facility

By offering flexible financial solutions, the fund empowers CARICOM member states to invest in critical infrastructure, climate adaptation projects, and sustainable development initiatives

The CARICOM Development Fund (CDF) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have signed a €708,000 Grant Agreement to support the development of a Green, Resilience, and Sustainability Facility (GRSF). The agreement was formalized during the plenary session of the 48th Regular Meeting of the Conference of Heads of Government of CARICOM,…

Afreximbank

  • Multimedia content

  • Images (1)
    • African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063
  • All (1)
Source: Afreximbank |

African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors

On the sidelines of the 38th Ordinary Session of the Assembly of the African Union Summit in Addis Ababa, Ethiopia, African Heads of State, Government and Business Leaders convened for a Presidential Breakfast Dialogue to address the continent’s financing and investment gaps. The event was held under the theme “Africa…

Afreximbank

  • Multimedia content

  • Images (1)
    • Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) exchanges pleasantries with H.E. Mohamed Irfaan Ali, President of Guyana (right) during the Guyana Energy Conference
  • All (1)
Source: Afreximbank |

Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain

In a significant announcement at the Guyana Energy Conference and Supply Chain Expo being held from, February 18 - 21, Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), declared the multilateral Bank's intention to establish a $1 billion oil service financing…

Afreximbank

  • Multimedia content

  • Images (1)
    • H.E. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy for the Federal Republic of Nigeria with Professor Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank and other leaders during the signing ceremony
  • All (1)
Source: Afreximbank |

Nigeria to Host 32nd Afreximbank Annual Meetings from 23 to 28 June 2025

The 32nd Afreximbank Annual Meetings in June 2025 is expected to be the largest gathering of Global Africa in the Bank’s Annual Meetings history, bringing together over 6,000 delegates including Heads of State, government officials, captains of industry, businesspeople, decision-makers, academics, respected experts and advisors from Africa, the CARICOM region and globally

The Federal Government of Nigeria and Afreximbank (www.Afreximbank.com) have signed the Host Country Agreement for the 32nd Afreximbank Annual Meetings (AAM) in Abuja, Nigeria, from 23-28 June 2025. Afreximbank Annual Meetings is one of the most anticipated gatherings on the African continent, featuring high-level policy discussions, presentations, and side events on…

Afreximbank

  • Multimedia content

  • Images (1)
    • Prof. Benedict Oramah (4th right), President and Chairman of the Board of Directors of both AMCE and Afreximbank together with senior Nigerian government leaders, members of the Board of Directors of AMCE, Afreximbank executives and other dignitaries during the AMCE site tour
  • All (1)
Source: Afreximbank |

The African Medical Centre of Excellence (AMCE) Unveils Construction Milestones as June 2025 Launch Approaches

As of February 2025, all civil and structural works have been completed, with rigorous quality assurance and control measures ensuring the highest construction standards

The African Medical Centre of Excellence (AMCE), a groundbreaking tertiary medical institution spearheaded by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in partnership with King’s College Hospital, London, hosted a high-level stakeholder and media tour to showcase major construction milestones and reaffirm its commitment to revolutionising healthcare in Africa by building a…

Afreximbank

  • Multimedia content

  • Images (1)
    • Mr. Denys Denya, Senior Executive Vice President of the Afreximbank Group
  • All (1)
Source: Afreximbank |

Afreximbank challenges Africa’s miners to take bold steps to own the continent’s resources

Afreximbank was also leveraging digital platforms, such as the Africa Trade Gateway and the Pan-African Payment and Settlement System, to enable efficient transactions and market access

Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has told African leaders, policymakers, mining industry leaders and global partners at the African Mining Indaba 2025 in Cape Town, South Africa, on Sunday. In a…