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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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    • 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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    • L-R: Eng. Mohamed El Dahshoury, CEO of Hassan Allam Construction, Eng. Hassan Allam, CEO of Hassan Allam Holding, Dr. George Elombi, President and Chairman of Board of Directors of Afreximbank, Eng. Suha Abou and Dr. Abdul Aziz of EHAF Consulting Engineering
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Source: Afreximbank |

Hassan Allam Construction Awarded a landmark USD 250 million contract to build the iconic Afreximbank African Trade Centre in Egypt's New Capital

The project encompasses the full construction and finishing of a comprehensive development that will serve as Afreximbank's global headquarters

The complex will host a full suite of modern trade-supporting facilities, including a trade information centre, a world-class library and knowledge hub, an innovation and SME incubation centre, a business centre, a 110-room apartment hotel, a 750-seater modern conference centre and a corporate museum, among other facilities. Scope covers construction,…

Afreximbank

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    • Afreximbank Breaks Ground on its Iconic Trade Centre and New Headquarters in Egypt’s New Capital
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    • Dignitaries at the groundbreaking of the new Afreximbank African Trade Centre (AATC), New Capital, Egypt
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Source: Afreximbank |

Afreximbank Breaks Ground on its Iconic Trade Centre and New Headquarters in Egypt’s New Capital

The Afreximbank African Trade Centre will be located in a modern, strategically planned environment that brings together government ministries, foreign embassies, and international organisations

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters. Situated in the Diplomatic District of the New…

Afreximbank
Source: Afreximbank |

Afreximbank Abuja African Trade Centre Achieves Leadership in Energy and Environmental Design (LEED) Platinum Certification, the highest level in green building certification

The Abuja AATC now stands as a living demonstration of Afreximbank’s vision to integrate commercial competitiveness, innovation, and sustainability into Africa’s trade infrastructure

The United States Green Building Council and Green Business Certification Inc has certified the African Export-Import Bank’s (Afreximbank) (https://Afreximbank.com/) Abuja African Trade Centre (AATC) the prestigious LEED Platinum certification, the highest global standard in sustainable building design and construction. This milestone establishes the Abuja AATC as the first building in…

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…