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Afreximbank
Source: Afreximbank |

Government of Guyana and Afreximbank highlight opportunities under the US$1-billion oil financing facility

The policy is built on the pillars of local resource utilisation, capacity building, value retention, multi-stakeholder collaboration, and operational efficiency

The Cooperative Republic of Guyana and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have concluded a two-day roadshow to promote access to a US$1-billion oil services financing facility announced by the Bank in February this year during the Guyana Energy Conference. The roadshow which was held from 21 to 22 May in…

Afreximbank
Source: Afreximbank |

Afreximbank wins mandate as sole financial advisor for South Africa's $1.7-billion Suiso Project

As financial advisor, ACMA’s role will involve leveraging its network and expertise to structure and mobilise the capital required for the project’s execution

African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa. As financial advisor, ACMA’s role will involve…

Afreximbank

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    • Dr Benedict O. Oramah, president of Afreximbank
    • Foundations and Evolutions of Structured Trade Finance, Second Edition By Professor Benedict O. Oramah
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Source: Afreximbank |

Foundations and Evolutions of Structured Trade Finance, Second Edition By Professor Benedict O. Oramah

The new edition has been revised and updated, featuring brand new sections on reserve-based lending, supply chain finance, and new technologies for implementing structured trade finance

Structured Trade Finance (STF) is a highly specialised area of trade finance that has evolved directly from practice. As it grows and becomes more complex in an increasingly risk-based regulatory environment, there is a need for more detailed guidance on this subject. Now in its second edition, Foundations and Evolutions…

Afreximbank
Source: Afreximbank |

Afreximbank Announces 2025 AfriCaribbean Trade and Investment Forum to Accelerate Trade, Investment and Economic Growth

The ACTIF2025 is Afreximbank’s flagship initiative to drive commercial, economic and cultural ties between Africa and the Caribbean

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in partnership with the Government of Grenada, is pleased to announce that the fourth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2025) will be held in St. George’s, Grenada, from 28 to 29 July 2025 under the theme: “Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of…

Afreximbank
Source: Afreximbank |

Afreximbank reports strong performance for Q1 2025 in line with expectations

The Group posted strong Net Income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period

African Export-Import Bank (“Afreximbank” or the “Group”) (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2025. Financial Highlights Afreximbank Group delivered satisfactory financial performance for the first quarter of 2025, meeting expectations with solid profitability, strengthened liquidity and…

Afreximbank

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    • His Excellency Mahamat Idriss Déby Itno, President of the Republic of Chad confers on Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank the prestigious national honours award of ‘Commander of the National Order of Chad’ award
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Source: Afreximbank |

Professor Benedict Oramah honoured with Chad’s prestigious ‘Commander of the National Order of Chad’ award

Reflecting on Chad’s 2022 political transition, President Idriss Derby Itno, expressed profound gratitude to Prof. Oramah and Afreximbank for standing with the country

The President of the Republic of Chad, His Excellency Mahamat Idriss Déby Itno, has conferred on President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Professor Benedict Oramah, the prestigious national honours award of Commander by appointing him to the National Order of Chad, under…

Afreximbank
Source: Afreximbank |

Nigeria Unlocks Intra-African Trade with New Pan-African Payment & Settlement System (PAPSS) Policy Boost

The announcement also empowers commercial banks to source foreign exchange for PAPSS through Nigeria’s Foreign Exchange market

The Pan-African Payment & Settlement System (PAPSS) warmly welcomes the new circular from the Central Bank of Nigeria (CBN), announcing a significant streamlining of documentation requirements for PAPSS transactions in Nigeria. This progressive policy, announced on 28 April 2025, sets the stage for faster, more cost-effective, and more inclusive participation…

Afreximbank
Source: Afreximbank |

Ozwald Boateng OBE steals the spotlight at Met Gala 2025, celebrating 40 years of dazzling design

Cultural Icons Strut in Show-Stopping Looks for “Superfine: Tailoring Black Style”

The red carpet just got a seismic glow-up! British-Ghanaian fashion legend Ozwald Boateng OBE storms the 2025 Met Gala, marking his 40th year as a global style icon with a breathtaking showcase of bespoke looks for the Metropolitan Museum of Art’s exhibition, Superfine: Tailoring Black Style. With his signature blend of African authenticity, Savile Row…

Afreximbank

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    • Winners of CANEX Shorts 2024 — Winners of the 2024 CANEX Shorts (from left): Francis Y. Brown (Ghana) in the Best Animation category, Brian Obra (Kenya) in the Best Documentary category and Esenaga Mbwe (Botswana) in the Best Fiction category. The 2025 edition of the short film competition has been unveiled by Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank)
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Source: Afreximbank |

Afreximbank’s Creative Africa Nexus (CANEX) unveils third edition of short film competition

Filmmakers between the ages of 18 and 35 years can enter the competition for a chance to win a cash prize of $2,000 for outstanding work in each of the competition’s three categories: Best Fiction, Best Documentary, and Best Animation

Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) (www.Afreximbank.com) has announced the third edition of its vibrant short film competition, CANEX Shorts, that is designed to recognise and celebrate talents of young filmmakers from Africa and the Diaspora.   Filmmakers between the ages of 18 and 35 years…

Afreximbank

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    • Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank with Mr. Calixte Tabangoli, Chief Executive Officer of Banque Postale du Congo during the signing ceremony
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Source: Afreximbank |

Afreximbank extends EUR15-million factoring line of credit to Banque Postale du Congo

The facility builds on a strong and evolving partnership between Afreximbank and BPC, which began in 2018 with an initial EUR 5million facility

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a EUR 15 million Factoring line of credit agreement with Banque Postale du Congo (BPC) in Cairo. The facility will provide liquidity to BPC for factoring supplier invoices accepted by eligible buyers, as well as  for engaging in cross-border factoring. Speaking at the…