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Afreximbank

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    • Some of the Joint Project Preparation Facility facilitators and attendees pose for a photo during the workshop
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Source: Afreximbank |

Afreximbank and Lesotho National Development Corporation host the first joint project preparation workshop

The workshop is part of Afreximbank’s continued push for the development and implementation of high-quality projects across Africa

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Lesotho National Development Corporation (LNDC) co-hosted a Joint Project Preparation Facility (JPPF) workshop in Maseru, Lesotho, to help address investment gaps in project preparation and to highlight the critical role of project preparation. Organised under the theme “Leveraging Project Preparation to Boost Trade…

Afreximbank

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    • Mr. Reginald Saunders, Acting Permanent Secretary, Ministry for Grand Bahama (seated, left) and Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development Bank, Afreximbank (seated, right) sign the agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. The ceremony was witnessed by The Hon. Philip Edward Davis, K.C., Prime Minister and Minister of Finance, the Commonwealth of The Bahamas (3rd left), Hon. Ginger Moxey, Minister for Grand Bahama (centre) and Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank (3rd right)
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Source: Afreximbank |

Afreximbank Invests in Project to Rejuvenate AfriCaribbean Trade and Cultural Ties

The project preparation facility of US$ 1.86 million will fund essential pre-development activities that will advance the project to bankability

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. Once implemented, the Afro-Caribbean Marketplace will comprise 90 outlets dedicated to the sale of authentically African and…

Afreximbank

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    • Mrs. Kanayo Awani, Executive Vice President of Intra-African Trade and Export Development at Afreximbank, exchanges MoU documents with Mr. Jean Paterne Megne Ekoga, Vice-President of BDEAC, following the signing of a memorandum of understanding to formalize cooperation and collaboration in promoting trade and economic development between the two organisations
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Source: Afreximbank |

Afreximbank and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC) sign Memorandum of Understanding (MoU) strengthening their cooperation

The new cooperation framework will pave the way for a programme of structural transformation in the CEMAC region through a combination of infrastructure development, sustainability-linked interventions and trade finance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Banque De Dévelopement des Etats de L’Afrique Centrale (BDEAC), the regional development finance institution established to promote the development of the Economic and Monetary Community of Central Africa (CEMAC), have entered into a memorandum of understanding (MoU) formalising their cooperation and collaboration in promoting…

Afreximbank

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    • Dr. Jean Kaseya, Director General of Africa CDC exchanges the signed Cooperation Agreement documents with Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank
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Source: Afreximbank |

Afreximbank and Africa Centres for Disease Control and Prevention (CDC) join hands to strengthen health systems in Africa

They will develop and implement priority initiatives to advance Africa’s unique healthcare manufacturing sector and promote innovative financing mechanisms to support health research and development initiatives in African countries

On June 4, 2024, African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) entered into a Cooperation Agreement with the Africa Centres for Disease Control and Prevention (Africa CDC) to leverage their strengths in boosting health systems across Africa and improving the livelihoods of African citizens. This milestone agreement underscores the…

Afreximbank

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    • Mr. Denis Denya, Senior Executive Vice President - Finance, Administration and Banking Services, Afreximbank when he delivered the opening remarks
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Source: Afreximbank |

Afreximbank’s Annual Meetings 2024 Calls for Africans Across the Globe to Unite

The three-day event is taking place in The Bahamas jointly with the 3rd AfriCaribbean Trade and Investment Forum (ACTIF)

Heads of State, Ministers, government officials, and renowned captains of industry were among the over two thousand delegates attending day one of the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) (www.Afreximbank.com) being held in Nassau, The Bahamas from June 12-15. Themed “Owning our Destiny: Economic Prosperity on the Platform…

Afreximbank

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    • Afreximbank commences the project development activities for an African Quality Assurance Center (AQAC), in Imo State Nigeria
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Source: Afreximbank |

Afreximbank commences the project development activities for an African Quality Assurance Center (AQAC), in Imo State Nigeria

Extends the Bank’s initiative to boost Africa’s export potential through the development of much-needed conformity assessment and accreditation infrastructure, ensuring African-produced goods meet international standards and regulations

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the commencement of project development activities of its second African Quality Assurance Center (AQAC) in Ngor Okpala, Imo State, Nigeria, in collaboration with Bureau Veritas. Project development activities were launched at an event held on 3rd June 2024 in Imo State and attended…

Afreximbank

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    • H.E. Eng. Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources looks on as Prof. Benedict Oramah, President and Chairman of Board of Directors, Afreximbank (left) exchanges Establishment Agreement documents for the Africa Energy Bank with Dr. Omar Farouk Ibrahim, Secretary General of APPO (left)
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Source: Afreximbank |

The Africa Petroleum Producers’ Organisation (APPO) and Afreximbank Sign the Establishment Agreement of the Africa Energy Bank (AEB), Declaring it Open for Signature by Prospective Member States

The AEB has been structured as an independent and supranational pan-African energy development bank with an initial USD 5 Billion capital

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ceremony held at the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt. The event…

Afreximbank

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    • Left – Right: Prof. Benedict Okey Oramah, President and Chairman Board of Directors of Afreximbank, His Excellency Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, First Lady of Malawi, Madame Monica Chakwera and President-Founder of ARISE IIP, Mr. Gagan Gupta during the official commissioning of the groundbreaking of the Malawi “Magwero” Industrial Park.
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Source: Afreximbank |

Afreximbank, in partnership with Arise IIP and the Republic of Malawi, initiates construction of the "Magwero Industrial Park" in Lilongwe, an integrated industrial park set to accelerate the country's industrialization

Afreximbank, the leading financial partner of ARISE IIP, will finance the project to a tune of USD 300 million

His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank (www.Afreximbank.com), Prof. Benedict Okey Oramah and the President-Founder of ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class industrial ecosystems, Mr. Gagan Gupta, have unveiled the…

Afreximbank

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    • Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, Fund for Export Development in Africa (FEDA) (1)
    • Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, Fund for Export Development in Africa (FEDA) (2) (FR)
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Source: Afreximbank |

Benin Joins 16 other Countries to Accede to the Establishment Agreement for Afreximbank’s Impact Investment Subsidiary, Fund for Export Development in Africa (FEDA)

The onboarding of new Members expands the reach of FEDA’s interventions and reflects the Fund’s unwavering commitment to its mandate of providing long-term capital to African economies

The Republic of Benin has become the latest African nation to accede to the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/). With Benin's accession to the FEDA Establishment Agreement, the total number of participating African countries has risen to 17,…

Afreximbank

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    • Leaders of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) when they paid a courtesy visit on His Excellency, Mohamed Ould Cheikh Al-Ghazouani, the President of the Islamic Republic of Mauritania, and Chairperson of the African Union
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Source: Afreximbank |

Leaders of African Multilateral and Private Sector Institutions pay a courtesy visit on President Mohamed Ould Cheikh Al-Ghazouani of The Islamic Republic of Mauritania and Chairperson of the African Union

The meeting explored ways the continent can build the capacity of its growing youthful population

Today, a group of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) paid a courtesy visit on His Excellency, Mohamed Ould Cheikh Al-Ghazouani, the President of the Islamic Republic of Mauritania, and Chairperson of the African Union to convey their support and commitment to…