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Afreximbank

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    • Seated: Mrs Kanayo Awani, Executive Vice President, Intra African Trade & Export Development, Afreximbank and Mr. Dominic Sturrup - Executive Chairman, Bahamas Striping Group of Companies Ltd (BSGC) during the signing of the financing agreement. Standing L-R: Alex B Epale, Senior Manager, Banking Legal Services, Afreximbank, Hon. Ginger M. Moxey, M.P. Minister for Grand Bahama, The Bahamas, Hon. Frederick A. Mitchell, M.P. Minister of Foreign Affairs, The Bahamas , Mr. Atario Mitchell - President, (BSGC), Prof. Benedict Oramah, Former President of Afreximbank, Mr. Eric Intong Ag. Group Managing Director, Client Relations, Afreximbank and Mr. Okechukwu Ihejirika, Ag. Chief Operating Officer, Caribbean Office, Afreximbank
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Source: Afreximbank |

Afreximbank accelerates Bahamas infrastructure modernization with US$100-million facility to Bahamas Striping Group

BSGC is an indigenous Bahamian-owned entity founded in 2010 and has completed over 200 projects across Nassau, Exuma and Eleuthera regions, employing over 300 persons, including subcontractors

In a transformative boost to the Caribbean’s transport network, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles…

Afreximbank

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    • A US$8 billion commitment: H.E. Cyril Ramaphosa, President of South Africa and Dr. George Elombi, President and Chairman of Afreximbank at the Country’s accession signing ceremony, marking the launch of a major Country Programme engineered to bolster the South African economy
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Source: Afreximbank |

South Africa Joins Afreximbank, Announces US$8bn Country Programme

South Africa becomes the 54th state to accede to the Bank’s Establishment Agreement, which constitutes a historic milestone as the two partners seek to unlock trade opportunities within a global financial architecture

The Republic of South Africa has today officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading Multilateral Financial Institution, marking the formal entry of one of Africa’s largest economies into the Bank’s membership, heralding deeper financial sovereignty.  The accession follows the South African Parliament’s…

Afreximbank

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    • Afreximbank announces top 8 finalists for its flagship Accelerator Program
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Source: Afreximbank |

Afreximbank announces top 8 finalists for its flagship Accelerator Program

The selected finalists embody Afreximbank’s mission to drive measurable progress in intra-African and global African trade

Eight visionary startups selected to advance Africa’s intra-continental trade and industrialisation goals Finalists are eligible subject to selection criteria to receive up to US$250,000 in equity investment, expert mentorship, and exclusive market access African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is excited to announce the selection of the top 8 finalists of…

Afreximbank

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    • L-R: Mr Osvaldo Inácio, Board Member of Sonangol, Mr Haytham Elmaayergi, Executive Vice President of Global Trade Bank at Afreximbank and Mr Gaspar Martins, Chairman of the Board of Directors and President of Sonangol
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Source: Afreximbank |

Afreximbank bolsters Angola’s Energy Sector with a $1.75-billion facility for Sonangol

The strategic financing will support Sonangol’s projected operating and capital expenditure requirements

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support…

Afreximbank

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    • Afreximbank announces termination of its credit rating relationship with Fitch
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Source: Afreximbank |

Afreximbank announces termination of its credit rating relationship with Fitch

This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has today officially terminated its credit rating relationship with Fitch Ratings. This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission and its mandate. Afreximbank’s…

Afreximbank
Source: Afreximbank |

Afreximbank’s Risk Framework Assessed and Registered as Complying with ISO 31000:2018, Reinforcing its Mandate as the Continent’s Leading Trade Finance Institution

Issued in November 2025, this registration follows rigorous independent assessments of Afreximbank's enterprise risk management framework by external auditors, with zero non-conformities

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been registered with the ISO 31000:2018 Risk Management Standard by Certification Partner Global (CPG), marking a significant milestone in the Bank's institutional evolution and commitment to world-class operational excellence. Issued in November 2025, this registration follows rigorous independent assessments of Afreximbank's enterprise risk management…

Afreximbank
Source: Afreximbank |

Levene Energy Secures $64M Facility from Afreximbank to Acquire Strategic Stake in Axxela Limited

This landmark transaction provides Levene Energy with direct entry into Nigeria’s regulated midstream and downstream gas sectors

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco Limited (the “Acquirer”) enabling the acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas…

Afreximbank

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    • Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt
    • Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, and H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE)
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Source: Afreximbank |

Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt

This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining and trading hubs

The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) (www.Afreximbank.com) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining…

Afreximbank

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    • Ministry of Finance Ghana and Afreximbank announce successful resolution of US$750 million facility
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Source: Afreximbank |

Ministry of Finance Ghana and Afreximbank announce successful resolution of US$750 million facility

The Government of the Republic of Ghana, acting through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) (https://Afreximbank.com/) are pleased to announce successful resolution of the issues surrounding the US$750 million facility signed in 2022, to the satisfaction of both parties, enabling both parties to continue to partner…

Afreximbank

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    • Dr. George Elombi, President of Afreximbank and Mr. Tony Elumelu, Chairman, Heirs Energies Limited display the signed agreement (1)
    • Dr. George Elombi, President of Afreximbank and Mr. Tony Elumelu, Chairman, Heirs Energies Limited display the signed agreement (2)
    • Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity
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Source: Afreximbank |

Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity

Heirs Energies plays a pivotal role in Nigeria’s oil and gas industry, where crude oil remains a resource of critical national and international importance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy’s capital structure and unlock critical liquidity to support its working capital requirement as it pursues its ambitious field development programme. The investment is expected to significantly transform Nigeria’s domestic…