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Afreximbank

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    • Afreximbank’s Director of Trade Facilitation and Investment Promotion, Dr Gainmore Zanamwe during the signing of the MoU with President of AAAM, Ms. Martina Biene
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Source: Afreximbank |

Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector

The Africa Automotive Show held at IATF2025 brought together players in the automotive sector, including manufacturers, subcontractors and equipment manufacturers

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in…

Afreximbank

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    • The awards were presented to Afreximbank's President, Prof. Benedict Oramah and EVP, Dr. George Elombi in Libreville, Gabon during the groundbreaking ceremony for the construction of a 300 -MW, Euro 200 million thermal power station financed by the Bank (1)
    • The awards were presented to Afreximbank's President, Prof. Benedict Oramah and EVP, Dr. George Elombi in Libreville, Gabon during the groundbreaking ceremony for the construction of a 300 -MW, Euro 200 million thermal power station financed by the Bank (2)
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Source: Afreximbank |

Gabon confers top national honours on Afreximbank’s President and Executive Vice President

The awards were in recognition of Afreximbank’s pivotal roles in the ongoing transformation of Gabon's economy

President Brice Clotaire Oligui Nguema of Gabon, has conferred the honour of Commander of the National Order of Merit on Prof. Benedict Oramah, outgoing President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), and Dr. George Elombi, the Bank’s incoming President and current Executive Vice…

Afreximbank

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    • Hon. Soraya M. Hakuziyaremye, Governor of the National Bank of Rwanda
    • Dr George Elombi, Executive Vice-President, Governance, Legal and Corporate Services and Incoming President, Afreximbank
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Source: Afreximbank |

Artificial Intelligence to Take Centre Stage at the 2025 Afreximbank Compliance Forum in Kigali, Rwanda in November

ACF2025 builds on Afreximbank’s leadership in trade-related compliance and its investment in AI-powered platforms that streamline client onboarding, enable real-time risk monitoring, and ensure secure transaction processing

Artificial Intelligence (AI) is reshaping trade in Africa - curbing illicit financial flows, driving growth and boosting market opportunities. African Export-Import Bank (Afreximbank), in collaboration with the National Bank of Rwanda (BNR), will host the 2025 Afreximbank Compliance Forum (ACF2025) from 12 – 14 November 2025, in Kigali, Rwanda. Held…

Afreximbank

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    • Mr. Osahon Akpata, Chief Executive Officer, CANEX Creations Incorporated (CCInc)
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Source: Afreximbank |

Creative Africa Nexus (CANEX) Creations Inc. appoints Osahon Akpata as Chief Executive Officer

Until his appointment, Mr. Akpata was the Head of CANEX Creations within the Afreximbank Group, taking on a central role in CCInc’s journey since its inception

The Board of Directors of the CANEX Creations Incorporated (CCInc), a subsidiary of the Fund for Export Development in Africa (FEDA), has appointed Mr. Osahon Akpata as Chief Executive Officer to lead the company. The board confirmed the appointment during its meeting on the sidelines of the fourth Intra-African Trade…

Afreximbank

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    • Mr. Paul Russo (from left), Group CEO KCB Group PLC; Ms. Oluranti Doherty, Managing Director Export Development, Afreximbank and Mr. George Olaka, CEO Arise IIP-Kenya during the signing of the US$800 million funding deal for Vipingo Special Economic Zone (SEZ) in Kilifi County. They are flanked by Mr. Gagan Gupta (left), Founder and CEO Arise IIP, H.E. William Ruto, President of the Republic of Kenya and Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank
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Source: Afreximbank |

KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone (SEZ)

Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million and US$ 300 million, respectively towards the initiative

KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have entered a Memorandum of Understanding (MOU) aimed at providing financial and trade facilitation support to investors operating in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank and KCB Group will provide initial…

Afreximbank
Source: Afreximbank |

Afreximbank’s Africa Research and Innovation Hub (ARIH) seeks to unlock US$70 billion annual economic gains for Africa

The hub is structured to address the low investment in research and development (R&D) in Africa and the continent’s underperformance in research output

The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is seeking to unlock up to US$70 billion annually in economic gains for Africa by boosting innovation-driven sustainable growth. ARIH is expected to catalyse technological sovereignty, intra-African trade, sustainable growth and structural transformation…

Afreximbank

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    • Representatives of Afreximbank, the Government of the Republic of South Africa, and Infrastructure South Africa after the signing of the Joint Project Preparation Facility Framework Agreement
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Source: Afreximbank |

Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development

By combining Afreximbank's financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure development in Africa with the signing of a landmark Joint Project Preparation Facility (JPPF) Facility Agreement with the Government of the Republic of South Africa. The agreement was formalised during a ceremony on the margins of the just…

Afreximbank

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    • L-R: Algeria’s Celebrity Chef, Presenter and Producer, Shérazade Laoudedj, with Fatma Zohra Bendjelida, crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition and Loubna Ali Cherif, who emerged first runners up in the competition that celebrates young aspiring chefs’ creativity and flair in African cuisine and culture
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Source: Afreximbank |

Winners of inaugural Creative Africa Nexus (CANEX) Junior Chef Competition unveiled

The CANEX Junior Chef Competition provided a platform to spotlight Algeria’s rich and vibrant culinary culture while highlighting local products, celebrating young rising talent, and promoting a dynamic cultural exchange

Fatma Zohra Bendjelida was crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition which celebrates young aspiring chefs’ creativity and flair in African cuisine and culture.  Loubna Ali Cherif and Aouis Akkouch were named first and second runners up in the competition that was open to young…

Afreximbank

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    • Mrs Helen Brume, Director and Global Head – Project and Asset Based Finance at Afreximbank (second left) and Mr. Oluwole Adama, Executive Director of MDGIF (2nd right) exchange the signed agreement documents as Nigeria’s Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole (right) watches
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Source: Afreximbank |

Afreximbank and Midstream and Downstream Gas Infrastructure Fund (MDGIF) sign strategic Memorandum of Understanding (MoU) to accelerate development of gas infrastructure in Nigeria

Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria. It was signed on the sidelines of the just ended fourth Intra-African Trade…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair (IATF2025) ends on high note with record $48.3 billion in deals signed by participants

There were also enriching discussions by political, business and other leaders on key Intra-African trade issues during the conference segment of the trade fair, with some of the most sough-after African and international speakers participating

The fourth Intra-African Trade Fair (IATF2023), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from 132…