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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

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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…

Afreximbank
Source: Afreximbank |

Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

The agreement aims to provide early-stage project preparation financing, propelling projects from concept to bankability efficiently and effectively

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and  set to significantly transform housing and urban development across the continent and boost trade and investment. Signed…

Afreximbank
Source: Afreximbank |

Afreximbank launches new entity to promote large scale trade in value-added goods

On the margins of the official launch ceremony, ATDC signed deals with several firms across the continent spanning logistics, minerals, agricultural produce, among others

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has today launched the African Trade and Distribution Company (ATDC) to catalyse large scale trade in raw materials, minerals and value-added products from across Africa.  Afreximbank, through the Fund for Export Development in Africa (FEDA), established ATDC in collaboration with Arise Integrated Industrial Platforms (Arise…

Afreximbank

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    • Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference
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Source: Afreximbank |

Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference

AfSNET, launched by Afreximbank in 2021 in collaboration with the AfCFTA Secretariat, serves as a platform to strengthen the role of Sub-Sovereign entities in driving intra-African trade and development

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Cross River State have officially signed a Hosting Agreement for the 6th African Sub-Sovereign Governments Network Investment Conference 2026, marking a significant milestone in regional cooperation and investment promotion across Africa.  The agreement was signed during the Sub-Sovereign Business Engagement session…

Afreximbank

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    • Dr. Yemi Kale, Group Chief Economist & Managing Director, Research at Afreximbank
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Source: Afreximbank |

African economies urged to invest in research for industrial transformation

While Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges

African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty. Speaking during the official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African…

Afreximbank
Source: Afreximbank |

Global Africa Diaspora Day at the Intra-African Trade Fair (IATF2025) reaffirms commitment towards unity and economic sovereignty for all Africans

Delivering the keynote address, Prof. Benedict Oramah, emphasised that Global Africa must evolve into a cohesive market of nearly two billion people

As the Intra-African Trade Fair (IATF2025) kicked off its second day, Global Africa Diaspora Day brought together Heads of State, senior government officials, business leaders, and cultural icons from across Africa, the Caribbean, and the Diaspora - with the renewed vision to bring unity and economic sovereignty. Held at the…

Afreximbank

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    • Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Aduwole after receiving the flag to host the fifth edition of the Intra-African Trade Fair in 2027 from the Chairman of the IATF Advisory Council, former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo
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Source: Afreximbank |

Nigeria to host the Intra-African Trade Fair in 2027

The last three editions of IATF have cumulatively generated over $118 billion in trade and investment deals and attracted more than 70,000 visitors and 4,500 exhibitors

After a rigorous bid and due diligence exercise, Nigeria has emerged as the successful host country of the fifth edition of the Intra-African Trade Fair (IATF), Africa’s premier trade and investment event that is set to be held in 2027.  This was announced by the Chairman of the IATF Advisory…