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Afreximbank
Source: Afreximbank |

Bank of Algeria joins Pan-African Payment and Settlement System (PAPSS) network, accelerating financial integration in Africa as Algeria prepares to host Intra-African Trade Fair 2025 (IATF2025)

This development is expected to further support cross-border payments and enhance the regulatory framework governing intra-African trade

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 officially welcomed the Bank of Algeria into its growing network. Algeria now becomes the 18th country of presence…

Afreximbank

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    • Heads of State, government representatives, business leaders and Afreximbank's leadership team during the opening ceremony of ACTIF2025 in Grenada
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Source: Afreximbank |

AfriCaribbean Trade and Investment Forum (ACTIF) 2025 closes with over USD 300 million in deals and bold commitments to integration, mobility and investment

A total of eight major deals and memoranda were announced over the course of the forum, spanning infrastructure, tourism, digital transformation, and trade finance

The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) has concluded with over US $300 million in investment and trade deals signed and a robust  communiqué affirming both regions’ commitment to deeper collaboration. The two-day event, co-hosted by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Grenada, brought together more than 2,100 delegates,…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair 2025 Welcomes Arise Integrated Industrial Platforms (Arise IIP) as Official Premier Partner

The biennial event aims to boost intra-African trade and spotlight investment opportunities across the continent, with projections of over US$44 billion in trade and investment deals

Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment forum, is delighted to announce Arise Integrated Industrial Platforms (Arise IIP), a pan-African infrastructure and industrial development enterprise that designs and operates large-scale industrial ecosystems across Africa, as an official Premier Partner. The Fair is scheduled to take place from…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair 2025 Welcomes Dangote Group as Official Premier Partner

The fourth edition will feature a wide participation of production and service companies, alongside an investment and trade forum highlighting Africa’s potential for economic integration

Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment forum, is excited to announce Dangote Group as an official Premier Partner. As one of Africa’s leading industrial conglomerates, with over 18 subsidiaries operating across a wide spectrum of sectors critical to the continent’s economic transformation - including cement, fertilisers,…

Afreximbank
Source: Afreximbank |

Afreximbank Signs US$1.35 Billion Financing as Lead Arranger in USD 4 Billion Syndicated Facility to Refinance Dangote Refinery Construction

The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately US$4 billion syndicated financing arrangement for Dangote Industries Limited (DIL), Africa’s largest industrial conglomerate. Afreximbank acted as the…

Afreximbank

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    • Fourth Africaribbean Trade and Investment Forum Communiqué
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Source: Afreximbank |

Fourth Africaribbean Trade and Investment Forum Communiqué

AFFIRMING the imperative of strengthening intra-African and intra-Caribbean markets, while simultaneously expanding African-Caribbean trade and investment to drive shared prosperity and transformation

We, the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Grenada, convened the Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) from 28 to 29 July 2025 in St. George’s, Grenada, under the theme, Resilience and Transformation – Enhancing the Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty. RECOGNIZING the…

Afreximbank

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    • Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank and the Prime Minister of Grenada, the Hon. Dickon Mitchell are joined by senior representatives of Afreximbank and Government of Grenada officials during a symbolic tree-planting ceremony at Camerhogne Park, St. George’s, Grenada
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Source: Afreximbank |

A Living Legacy: Flamboyant Tree Planted in Grenada to Honour Outgoing Afreximbank President Benedict Oramah

The Flamboyant tree, native to Madagascar but widely rooted across the Caribbean, was chosen for its beauty and symbolic resonance

On the second day of the AfriCaribbean Trade and Investment Forum (ACTIF2025), a symbolic tree-planting ceremony was held in Grenada to honour Professor Benedict Oramah, outgoing President of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), for his enduring contributions to Africa-Caribbean relations. The Flamboyant tree, native to Madagascar but widely rooted across…

Afreximbank

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    • Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank and Prime Minister, Hon. Dickon Mitchell pictured alongside distinguished African and Caribbean leaders—past and present—at the official opening of ACTIF2025 in St. George’s, Grenada
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Source: Afreximbank |

Global Africa Commission Proposed as the fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) Opens in Grenada

ACTIF2025 continues through 30 July, with panel discussions, business matchmaking sessions, cultural showcases, and deal signings that reflect the Forum’s commitment to moving from rhetoric to results

US $290M in deals signed, advancing infrastructure, tourism and trade across the Caribbean on Day 1 CARICOM leaders to recommend region’s highest honour for Oramah’s role in transforming ties US $250M Resilience Fund, CAPSS rollout, and feasibility of Caribbean EXIM Bank among key initiatives championed The fourth AfriCaribbean Trade and…

Afreximbank
Source: Afreximbank |

No more missed opportunities: Strengthening Africa-Caribbean trade and investment in an era of Global Trade Disruption (By Pamela Coke-Hamilton and Benedict Oramah)

With the longstanding sociocultural history shared by the two regions, the time is ripe to forge far deeper ties through mutually beneficial, trade-led economic growth and development

By Pamela Coke-Hamilton, Executive Director, International Trade Centre, and Benedict Oramah, President and Chairman, Afreximbank (www.Afreximbank.com).  The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up…

Afreximbank

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    • Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank (with folder, left) exchanges the signed agreement with Mr. Buah Saidy, Governor of Central Bank of The Gambia after the two organisations inked the deal at the 32nd Afreximbank's Annual Meetings in Abuja, Nigeria
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Source: Afreximbank |

Afreximbank to avail $75 million to Central Bank of The Gambia in a cross-currency swap

The cross-currency swap is expected to support the construction and rehabilitation of both rural and urban road networks, reinforcing the Gambia’s commitment to building a more connected, productive and inclusive economy

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG) for the financing of strategic projects undertaken in The Gambia by the Government, through the National Roads Authority (NRA). The agreement, signed in Abuja, Nigeria, as…