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Afreximbank

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    • CAAG members with Afreximbank staff during the first meeting of the reconstituted Advisory Group on 9 July 2024 in Cairo, Egypt
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Source: Afreximbank |

Afreximbank reconstitutes its Creative Africa Advisory Group ahead of CANEX Weekend

This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme

Ahead of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the reconstitution of the Creative Africa Advisory Group (CAAG). This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme. The first meeting of the reconstituted…

Afreximbank
Source: Afreximbank |

Afreximbank Academy to host training programme to assist African Corporates to benefit from the African Continental Free Trade Area (AfCFTA)

Scheduled to run from 9 to 13 September 2024 in Cairo, Egypt, the training programme which will be delivered in collaboration with the American University in Cairo and the AfCFTA Secretariat will focus on the business implications of AfCFTA

African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) is pleased to announce the launch of an innovative capacity development program designed to empower African corporates to capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, aims…

Afreximbank
Source: Afreximbank |

The Arab Republic of Egypt Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

The signing of FEDA’s Establishment Agreement opens avenues for strengthening trade relations between Egypt and other African nations

The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) dedicated to fostering development impact, is pleased to announce the Arab Republic of Egypt's accession to its Establishment Agreement. With Egypt's longstanding position as a founding shareholder and the host country of Afreximbank's…

Afreximbank
Source: Afreximbank |

Afreximbank, International Finance Corporation (IFC), and White & Case Partner to Co-host Africa Energy Transition Seminar in Cairo, Egypt

The seminar featured two panel discussions and three workshops aimed at empowering participants with knowledge for dealing with issues around energy transition in Africa

As Africa continues to position itself to reap the full benefits of the drive for energy transition, the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), IFC, and the legal firm White & Case partnered to host a one-day seminar to discuss “Energy Transition and Infrastructure in Africa”. The seminar attracted about 150…

Afreximbank
Source: Afreximbank |

Afreximbank announces sad passing of erstwhile FCI (Africa Chapter) Executive member – Mr Gamal Moharam

Mr. Moharam played a pivotal role in the development and growth of factoring in Egypt notably advising and guiding prospective and new factoring companies and working with regulators to create a favourable climate for factoring to thrive in Egypt

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) regrets to announce the recent passing of Mr. Gamal “Jimmy” Moharam after a protracted illness.  Until his demise, Mr. Moharam was the former Chairman of the Egyptian Factoring Association, former Chairman & Managing Director of Cairo Factors (June 2013 – April 2022), leading executive member…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair (IATF2023) exceeds targets with recorded deals worth up to US$43.8 billion

130 countries participated in the trade fair, which attracted 1,939 exhibitors and 28,282 participants who attended physically and through the IATF virtual platform

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions valued at US$43.8 billion. In final tallies released in Cairo, the organisers of the continental event said that the amount represented…

Afreximbank
Source: Afreximbank |

Afreximbank launches African gastronomy and culinary arts programme

The introduction of the programme would help to refocus continental efforts towards local food production to ensure food security, reduce high food costs and imports and minimise the impact of external shocks on Africa’s food supply chain

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today in Cairo launched an African Gastronomy and Culinary Arts Programme under its Creative Africa Nexus Initiative (CANEX). Launched during the third Intra-African Trade Fair (IATF2023), the CANEX African Gastronomy and Culinary Arts Programme is the newest vertical within the CANEX programme and featured…

Afreximbank
Source: Afreximbank |

Afreximbank launches Intra-African Engineering, Procurement and Construction (EPC) Contract Promotion Programme as Intra-African Trade Fair 2023 (IATF2023) hosts Presidential Summit

Ms. Al-Mashat said that the launch of the programme would have a positive impact on Africa's agenda for sustainable development

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today in Cairo launched a new initiative that will open doors, allowing African contractors to capitalise on various infrastructure investments available across the continent.  Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, joined by Rania Al-Mashat, Minister of International…

Afreximbank
Source: Afreximbank |

Wide-ranging discussions on trade and investment dominate on day five of the Intra-African Trade Fair 2023 (IATF2023)

IATF2023 attendees were also treated to a panel discussion on ‘The role of the AfCFTA in Accelerating the Implementation of African Development Agenda 2063’

Attendees continued to hear wide-ranging discussions and comments on trade and investment issues on the fifth day of the third Intra-African Trade Fair 2023 (IATF2023) in Cairo yesterday. Egypt and Barbados celebrated Country Days by hosting investment forums. In a discussion at the Egypt investment forum, speakers highlighted opportunities for…

Afreximbank
Source: Afreximbank |

Egypt’s President urges consolidated effort to promote intra-African trade as he attends Intra-African Trade Fair (IATF2023)

The President expressed the hope that IATF2023 would contribute to the growth of local economies and help overcome existing challenges by fostering regional partnerships

President Abdel Fattah al Sisi of Egypt, participating in the third Intra-African Trade Fair (IATF2023) in Cairo, called on countries across the continent to consolidate their efforts and promote intra-African trade. In an address at the Presidential Summit of the trade fair, the President said that Africa’s huge natural resources…