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Afreximbank

  • Multimedia content

  • Images (1)
    • Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank with Mr. Calixte Tabangoli, Chief Executive Officer of Banque Postale du Congo during the signing ceremony
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Source: Afreximbank |

Afreximbank extends EUR15-million factoring line of credit to Banque Postale du Congo

The facility builds on a strong and evolving partnership between Afreximbank and BPC, which began in 2018 with an initial EUR 5million facility

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a EUR 15 million Factoring line of credit agreement with Banque Postale du Congo (BPC) in Cairo. The facility will provide liquidity to BPC for factoring supplier invoices accepted by eligible buyers, as well as  for engaging in cross-border factoring. Speaking at the…

Afreximbank
Source: Afreximbank |

Congolese President Confers National Honors on Afreximbank President and Executive Vice President

President Nguesso told the audience that President Oramah and Dr. Elombi were being honoured for services rendered to the Congolese nation

H.E. President Denis Sassou Nguesso of the Republic of Congo conferred one of the country’s most prestigious national honours, the Officer of the Congolese Order of Merit, on Prof. Benedict Okey Oramah, President & Chairman of the Board of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), and Dr. George Elombi, the…

Afreximbank
Source: Afreximbank |

Trident OGX Congo secures US$300 million Afreximbank facility in deal to raise crude oil production growth in Congo

The transaction is expected to increase the Republic of Congo’s crude oil production level by up to 30 per cent and to add a considerable number of jobs to the country’s economy

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Brazzaville signed an agreement to provide a $300 million facility to Trident OGX Congo in a transaction expected to raise the Republic of Congo’s crude oil production by an estimated 30 per cent. Signed by Ibrahima Bagarama, Regional Chief Operating Officer - Central…

Afreximbank

  • Multimedia content

  • Images (1)
    • Kanayo Awani, Executive Vice President – Intra-African Trade Bank, Afreximbank (left) and Calixte Tabangoli, Chief Executive Officer, Banque Postale du Congo on 30 March 2023 in Cairo
  • All (1)
Source: Afreximbank |

Afreximbank provides EUR10 million to Banque Postale du Congo for small and medium-sized enterprise (SME) financing

The facility will enable BPC to expand its factoring activities by engaging in domestic and cross-border factoring

African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC region. Signed on behalf of the two institutions by Kanayo Awani, Executive…