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Afreximbank

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    • Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank
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Source: Afreximbank |

Afreximbank says Africa must raise factoring volumes to at least €240 billion to support Small and Medium Enterprises (SME)-led transformation

Africa’s factoring volumes have more than doubled in recent years, increasing from €21.6 billion in 2017 to €50 billion in 2024, and with nearly 200 factoring companies now operating across the continent

Afreximbank (www.Afreximbank.com) has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade…

Afreximbank

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    • L-R: Mr. Abdérahmane Berthé, AFRAA Secretary General, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank and Mr. Allan Kilavuka, Kenya Airways CEO
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Source: Afreximbank |

The African Airlines Association (AFRAA) Marks New Era of African Aviation as Free Route Airspace Takes Flight in West and Central Africa

The focus for 2026 will shift to the Eastern and Southern Africa (ESAF) airspace to conclude trials and achieve a similar FRA implementation

The African Airlines Association (AFRAA) heralds a transformative milestone in African aviation with the full operational deployment of Free Route Airspace (FRA) in the Western and Central Africa (WACAF) region, effective 30 October 2025. This landmark achievement, transitioning from successful trials initiated in November 2023, will allow any airline to plan…

Afreximbank

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    • Executives of the partnering institutions during the signing of the US$330 million Senior debt financing for Baomahun Gold Project
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Source: Afreximbank |

FG Gold, Africa Finance Corporation (AFC) and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

This milestone unlocks one of the most significant project financing deals in the country’s history and supports Sierra Leone’s ambition to responsibly harness its mineral resources

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship…

Afreximbank
Source: Afreximbank |

Afreximbank successfully closed its second Samurai Bond transactions, raising JPY 81.8 billion (approx. USD 527 million)

The 2025 Retail Samurai bond also marks the first Retail Samurai bond issued in Japan in 2025

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular and Retail Samurai Bonds offerings. The execution surpasses the Bank’s 2024 debut issuance size, attracting orders from more than 100 institutional and retail investors,…

Afreximbank

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    • L-R: Mr. Ian Saunders, Secretary General of the World Customs Organization (WCO), Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank, and Mr. Bashir Adewale Adeniyi, Comptroller-General of Nigeria Customs Service
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Source: Afreximbank |

Nigeria urged to champion regional transit guarantee scheme in Economic Community of West African States (ECOWAS)

Under the Afreximbank African Collaborative Transit Guarantee Scheme, a single transit bond is issued to secure customs duties, significantly reducing bureaucratic hurdles and facilitating smoother cross-border trade

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has urged Nigeria to champion the implementation of an effective regional transit guarantee scheme under the new transit regulation endorsed by the Economic Community of West African States (ECOWAS). Delivering a keynote address at the inaugural session of the Customs Partnership for African Cooperation in…

Afreximbank
Source: Afreximbank |

Afreximbank delivers solid, steady performance for the nine months ended 30 September 2025

During the period, the total assets and contingencies rose by 6.98% to US$42.9 billion, up from US$40.1 billion as at 31 December 2024 (FY’2024)

African Export-Import Bank (Afreximbank or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) delivered solid results for the nine months period ended 30 September 2025, underscoring its continued financial resilience. During the period, the total assets and contingencies rose by 6.98% to US$42.9 billion, up from US$40.1 billion as at…

Afreximbank

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    • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment
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Source: Afreximbank |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment

Through the cooperation, ICIEC and Afreximbank will align their strategic decision-support tools, developing synergies to better serve public- and private-sector actors across their respective networks

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and African Export‑Import Bank (Afreximbank) (www.Afreximbank.com) are pleased to announce the signing of a memorandum of understanding (MoU) to strengthen their cooperation in promoting trade and…

Afreximbank
Source: Afreximbank |

Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition

Founded in 2022, Spiro operates Africa’s most extensive and fastest growing battery-swapping network, with more than 60,000 electric motorcycles and 1,200 swapping stations

The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank’s broader…

Afreximbank

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    • Prof Benedict Oramah, Outgoing President and Chairman of the Board of Directors of Afreximbank
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Source: Afreximbank |

African Export-Import Bank (Afreximbank) Celebrates Outgoing President and Chairman

The legacy conference also featured tributes delivered by Afreximbank staff, members of the business community, political leaders, friends and other people from various walks of life who were impacted by the work of Prof. Oramah

African Export-import Bank (Afreximbank) (www.Afreximbank.com) in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board of Directors, with a legacy conference where the outgoing President announced that he made the promotion of intra-African trade and investment the arrowhead…

Afreximbank

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    • Afreximbank Academy (AFRACAD) wins European Foundation for Management Development (EFMD) Excellence in Practice Silver Award
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Source: Afreximbank |

Afreximbank Academy (AFRACAD) wins European Foundation for Management Development (EFMD) Excellence in Practice Silver Award

The award recognises AFRACAD’s Certificate of Trade Finance in Africa (COTFIA) programme — a pioneering initiative that has advanced trade finance capabilities and fostered professional excellence

The Afreximbank Academy (AFRACAD) has received the Silver Award in the Professional Development category at the 2025 European Foundation for Management Development (EFMD) Excellence in Practice (EiP) Awards, which celebrate impactful and high-quality learning and development (L&D) partnerships in the executive, professional, talent, and organizational development areas. Presented in Stockholm,…