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Afreximbank

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    • Fund for Export Development in Africa (FEDA) and Africa Finance Corporation (AFC) power ARISE Integrated Industrial Platforms' (ARISE IIP) US$443 Million capital raise (1)
    • Fund for Export Development in Africa (FEDA) and Africa Finance Corporation (AFC) power ARISE Integrated Industrial Platforms' (ARISE IIP) US$443 Million capital raise (2) (FR)
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Source: Afreximbank |

Fund for Export Development in Africa (FEDA) and Africa Finance Corporation (AFC) power ARISE Integrated Industrial Platforms' (ARISE IIP) US$443 Million capital raise

The funds are intended to accelerate ARISE IIP's fast expansion and operational efficiency across its 12-country portfolio

ARISE IIP, a leading pan-African developer and operator of world-class industrial parks, has announced a significant capital raise of US$443 million. The funding includes a strategic US$300 million investment from Afreximbank’s development impact investment arm, The Fund for Export Development in Africa (FEDA), securing Afreximbank’s FEDA a significant stake in…

Afreximbank

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    • Mr. Harold Jiya, Chief Executive Officer, NBM Plc with Mr. Haytham ElMaayergi, Executive Vice President, Global Trade Bank Africa at Afreximbank
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Source: Afreximbank |

National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance

The collaboration is expected to boost intra- and extra-African trade across NBM’s expanding geographical footprint in the southern African region

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by…

Afreximbank
Source: Afreximbank |

Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Team Drogba, Competing in the E1 Series

This investment aligns with Afreximbank’s Creative Africa Nexus (CANEX) strategy, which includes sports as a key vertical for advancing Africa’s economic and cultural footprint

The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), is pleased to announce a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship. This investment aligns with Afreximbank’s Creative Africa Nexus…

Afreximbank
Source: Afreximbank |

Afreximbank and Government of São Tomé and Príncipe to host Investment Forum aimed at promoting investment and enhancing trade

The event will facilitate B2B engagements, present joint ventures, offer public-private-partnerships and allow for private sector business deals to be concluded

With an eye on promoting trade, investment and financing opportunities in São Tomé and Príncipe, African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in partnership with the Government and the Promotion, Commerce and Investment Agency (APCI) of São Tomé and Príncipe are hosting the “São Tomé and Príncipe Investment Forum.” The forum is…

Afreximbank

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    • Representatives of the Algerian government, Afreximbank, AfCFTA and AUC sign the Hosting Agreement for the Intra-African Trade Fair 2025 (IATF2025) on April 15, 2024 in Algiers, Algeria
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Source: Afreximbank |

Countdown begins to the fourth Intra-African Trade Fair (IATF2025) in Algiers

IATF2025 will build on past successful editions in promoting trade and investment across Africa

Over 35,000 visitors from more than 140 countries across the world are expected to converge in Algiers, Algeria from 4 – 10 September 2025 to attend the Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment event. During the week-long fair, more than 2,000 exhibitors, including businesses from the…

Afreximbank

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    • Afreximbank Facilitates US$650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited's (NAOC’s) 20% Interest in Nigerian Joint Venture
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Source: Afreximbank |

Afreximbank Facilitates US$650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited's (NAOC’s) 20% Interest in Nigerian Joint Venture

Also participating in the transaction were Indorama Eleme Petrochemicals Limited, with US$150 million, and Mercuria Energy Group, with US$150 million

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 per cent participating interest held by Nigerian Agip Oil Company Limited (NAOC) in…

Afreximbank

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    • Afreximbank’s Creative Africa Nexus (CANEX) Announces the Release of Groundbreaking Extended Play (EP)
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Source: Afreximbank |

Afreximbank’s Creative Africa Nexus (CANEX) Announces the Release of Groundbreaking Extended Play (EP) "One Drum"

"One Drum" is a celebration of the cultural ties that unite Africa and its diaspora, forged through the shared history of the Trans-Atlantic Slave Trade

The Marley family, Scorpion Kings, Sofiya Nzau, Flavour, and Olodum unite on Groundbreaking EP “One Drum”; This initiative is under the auspices of CANEX Creations Incorporated which seeks to support the commercialization of IP assets. African Export – Import Bank (Afreximbank) through its Creative Africa Nexus (CANEX) Programme is thrilled to…

Afreximbank

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    • Mr. Adebisi Abidemi Adebutu, Group President of R28 Holdings with Mrs. Kanayo Awani, Executive Vice President Intra Africa Trade and Export Development, Afreximbank
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Source: Afreximbank |

Afreximbank signs project preparation facility agreement to support development of Veenocks porcelain tiles plant in Nigeria

The project is expected to exploit and beneficiate Nigeria’s underutilised natural resources using clay to produce porcelain tiles for the domestic and international markets

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a project preparation facility agreement with Veenocks Limited for the financing of the development of Veenocks’ porcelain tile manufacturing plant located in Sagamu, Ogun State, Nigeria. The plant, to be operated as an indigenously owned state-of-the-art facility with an annual production capacity of…

Afreximbank
Source: Afreximbank |

Afreximbank and Uganda Development Bank sign project preparation financing agreement

The implementation of the agreement is expected to help accelerate economic growth in Uganda through increased private sector investments in the targeted sectors

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.   Under the…

Afreximbank

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    • Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank
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Source: Afreximbank |

Afreximbank to double intra-African trade financing to $40 billion by 2026

Afreximbank had been a champion in facilitating intra-African trade since its founding and that it had committed US$1 billion to support the funding of the AfCFTA Adjustment Fund

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in Abuja at the African Caucus Meeting of…