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Afreximbank
Source: Afreximbank |

CARICOM Development Fund and Afreximbank Sign Grant Agreement to Establish Green, Resilience and Sustainability Facility

By offering flexible financial solutions, the fund empowers CARICOM member states to invest in critical infrastructure, climate adaptation projects, and sustainable development initiatives

The CARICOM Development Fund (CDF) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have signed a €708,000 Grant Agreement to support the development of a Green, Resilience, and Sustainability Facility (GRSF). The agreement was formalized during the plenary session of the 48th Regular Meeting of the Conference of Heads of Government of CARICOM,…

Afreximbank

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    • Afreximbank asserts Africa’s climate position at the Conference of the Parties (COP29); advocates for a just and equitable energy transition for economic development
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Source: Afreximbank |

Afreximbank asserts Africa’s climate position at the Conference of the Parties (COP29); advocates for a just and equitable energy transition for economic development

A primary objective of the Bank will be to advocate for the swift operationalization of the Loss and Damage Fund, which provides financial support to countries suffering from climate-related losses

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is participating at COP29 in Baku, Azerbaijan, where it is doubling-down on its commitment to facilitating a just energy transition for Africa that supports the continent’s critical development needs and unlocks its economic potential. The Bank’s participation will align with the African Union’s Nairobi Declaration…

Afreximbank

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    • L-R: Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank at Afreximbank, H.E. Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank, Professor Yemi Osinbajo, SAN, GCON, the Immediate Past Vice President of the Federal Republic of Nigeria, H.E. Monique Nsanzabaganwa, Ph.D. Deputy Chairperson, African Union Commission and Mr. Dennys Denya, Senior Executive Vice President, Afreximbank
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Source: Afreximbank |

Afreximbank Calls for Increased Collaboration to Accelerate the Green Energy Transition in Africa

The Keynote speaker at the eighth Babacar Ndiaye Lecture in Washington, D.C., Professor Yemi Osinbajo, spoke about the role of the AfCFTA in Addressing Africa’s climate Change and Development Challenges

The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., on 26 October 2024, under-scored the need for African nations to strike a balance between short-term development imperatives and long-term climate goals.  Under the theme “Saving Lives Today versus Saving the Planet for the Future: Can…

Afreximbank

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    • Afreximbank extends a hand of support to Caribbean countries impacted by Hurricane Beryl
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Source: Afreximbank |

Afreximbank extends a hand of support to Caribbean countries impacted by Hurricane Beryl

Hurricane Beryl severely devastated the Grenadian islands of Carriacou and Petite Martinique as well as several islands in Saint Vincent and the Grenadines, including Union Island and Mayreau

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has responded to the devastation caused by Hurricane Beryl, donating over half a million US dollars to aid disaster relief and rebuilding efforts across Caribbean countries that were hard-hit.  Hurricane Beryl severely devastated the Grenadian islands of Carriacou and Petite Martinique as well as several…

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 advocates for inclusive and just energy actions at Conference of the Parties (COP28)

At COP28, Afreximbank’s position aligned with the broader agenda of the African Union on Climate Change and Africa’s development as outlined in the Nairobi 2023 declaration during the Africa Climate Summit 2023

African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) recently concluded its participation at COP28 in Dubai, the United Arab Emirates, where the Bank reiterated its commitment to advancing the continent's climate goals and sustainable development agenda. Against the backdrop of the official COP28 theme "Transforming climate finance, by delivering on old promises and…

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    • Afreximbank participates in inaugural Africa Climate Summit
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Source: Afreximbank |

Afreximbank participates in inaugural Africa Climate Summit

Afreximbank’s participation reflects the institution’s recognition of the centrality of climate change amongst Africa’s various challenges

African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) is participating in the inaugural Africa Climate Summit, at which leading decision makers – from Africa and the wider international community – are gathering to discuss Africa’s exposure to climate change and its associated costs, with solutions and commitments for action to be formalized in the…

Afreximbank
Source: Afreximbank |

Afreximbank and Development Reimagined Support Access of High-End, Sustainable Made-in-Africa Brands to China

The collaboration with Afreximbank is expected to include follow-up activities over the next six months to cement the sales and partnerships made at CAETE

In continuation of its strategy to assist African businesses in increasing their international presence, the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and international consultants Development Reimagined (DR) have entered into a partnership to promote the entry and sale of high-end sustainable African brands in China. The partnership which includes a grant from…