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Afreximbank
Source: Afreximbank |

Afreximbank announces specialized African Continental Free Trade Area (AfCFTA) training to empower African businesses

Scheduled to take place in Abuja, Nigeria, from June 30 to July 2, 2025, the training program is designed to provide businesses with practical policy-relevant insights into the AfCFTA’s evolving regulatory and institutional landscape

To enable African businesses to fully capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a specialized training program designed to equip enterprises with a deep understanding of the agreement’s commercial implications and transformative potential. Scheduled to take place…

Afreximbank
Source: Afreximbank |

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement

To address Africa's persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products…

Afreximbank
Source: Afreximbank |

CORRECTION: Afreximbank delivered exceptional 2024 financial performance, cementing its position as a systemic pan-African trade finance institution

Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate

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 year ended 31 December 2024. Financial Highlights Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting…

Afreximbank

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    • Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank (front row, seventh from left) H.E. Dr Mohamadou Labarang Dean of the African Ambassadors’ Group, Egypt (sixth from left), Mr. Tamer Taha, Adviser to the Minister of Planning, Economic Development and International Cooperation, Arab Republic of Egypt (eight from left), Mrs. Kanayo Awani, Executive Vice President of Intra-African Trade and Export Development at Afreximbank (fourth left) with Ambassadors from various African countries during the Focus Africa event
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Source: Afreximbank |

Afreximbank Hosts Inaugural FOCUS Africa Trade and Investment Forum to strengthen economic integration in Africa

FOCUS Africa will address key investment challenges and unlock high-impact opportunities across multiple sectors, including agribusiness, technology, infrastructure, logistics, energy, manufacturing, mining, tourism, and the blue economy

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the Ministry of Planning, Economic Development and International Cooperation (MoPEDIC) of Egypt and the Group of African Ambassadors in Cairo, is hosting the inaugural FOCUS Africa Trade and Investment Forum from 15 to 16 April 2025 at the Dusit Thani Hotel,…

Afreximbank
Source: Afreximbank |

Afreximbank delivered exceptional 2024 financial performance, cementing its position as a systemic pan-African trade finance institution

These impressive results highlight Afreximbank’s resilience, systemic relevance and its commitment to delivering on its mandate and the objectives set under its Sixth Strategic Plan

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 year ended 31 December 2024. Financial Highlights Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate,…

Afreximbank

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    • Representative of H. E. Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, The Federal Republic of Nigeria, Senator Dr. George Akume, Secretary to the Government of the Federation (cutting ribbon in the middle) flanked on his immediate left by President and Chairman of Board of Directors, Afreximbank, Professor, Benedict Oramah, Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun on his right; representatives of governments of several African countries and Barbados; top government officials, captains of industry, members of the diplomatic corps, Afreximbank executives and other top dignitaries at the launch of the historic Afreximbank African Trade Centre in Abuja yesterday
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Source: Afreximbank |

Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria - marking a new era for Intra-African trade

With the opening of the Abuja AATC, Afreximbank continues its mission to promote intra-African trade and investment opportunities, laying the groundwork for a more prosperous and integrated African economy

Multilateral Bank African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has officially commissioned its first Afreximbank African Trade Centre (AATC) today in Abuja, Nigeria, ushering in a transformative era for trade and investment in Africa. During the grand commissioning ceremony, speakers, including Hon. Dr. George Akume, Secretary to the Government of Federation, Nigeria…

Afreximbank
Source: Afreximbank |

Oando PLC Joins Afreximbank’s AfrexInsure Portfolio

The subsidiary provides comprehensive and tailored solutions that secure assets

AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com), has announced its onboarding of Oando PLC as one of its strategic clients, further strengthening the business relationship between Oando PLC and the Bank. With Oando on board its clientele portfolio, this new development aligns with…

Afreximbank

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    • Launch of the Trans-Africa Bond Alliance (TABA) in Nairobi on 28th March 2025
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Source: Afreximbank |

Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Zep-Re (PTA Reinsurance Company) today launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment…

Afreximbank

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    • At the Barbados AATC groundbreaking, from right to left: Hon. Mia Amor Mottley, Prime Minister of Barbados (6th), Dr. Carla Barnett, CARICOM Secretary-General (5th), Prof. Benedict Oramah, President & Chairman of Afreximbank (4th), and Hon. Dickon Mitchell, Prime Minister of Grenada (3rd), alongside Afreximbank’s executive leadership and Barbados government officials
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Source: Afreximbank |

Afreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

This groundbreaking event marks the official commencement of construction for this historic project and is a significant step in Barbados and CARICOM’s journey towards economic advancement and regional integration

African Export-Import Bank (Afreximbank) (www.Afreximbank.com/), Africa’s leading Multilateral Financial Institution, made history today when it broke ground on its first-ever state-of-the-art Afreximbank African Trade Centre (AATC) in the Caribbean, marking a pivotal moment for trade relations between Africa and the CARICOM region. The US$180 million Barbados AATC, the first to…

Afreximbank

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    • Afreximbank and Somalia government officials pose for a photo following an official visit by the Bank to the country
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Source: Afreximbank |

Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth

Somalia’s membership of Afreximbank is a significant milestone that places the country on a path of sustainable economic transformation, upgrading of the country’s trade and industrial infrastructure

Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), becoming the 53rd African member state of the African multilateral financial institution and bringing the Bank closer to its goal of broadening its product offerings to all parts of the continent.   In the instrument of accession…