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Afreximbank

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    • Fourth Africaribbean Trade and Investment Forum Communiqué
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Source: Afreximbank |

Fourth Africaribbean Trade and Investment Forum Communiqué

AFFIRMING the imperative of strengthening intra-African and intra-Caribbean markets, while simultaneously expanding African-Caribbean trade and investment to drive shared prosperity and transformation

We, the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Grenada, convened the Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) from 28 to 29 July 2025 in St. George’s, Grenada, under the theme, Resilience and Transformation – Enhancing the Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty. RECOGNIZING the…

Afreximbank

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    • Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank and Prime Minister, Hon. Dickon Mitchell pictured alongside distinguished African and Caribbean leaders—past and present—at the official opening of ACTIF2025 in St. George’s, Grenada
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Source: Afreximbank |

Global Africa Commission Proposed as the fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) Opens in Grenada

ACTIF2025 continues through 30 July, with panel discussions, business matchmaking sessions, cultural showcases, and deal signings that reflect the Forum’s commitment to moving from rhetoric to results

US $290M in deals signed, advancing infrastructure, tourism and trade across the Caribbean on Day 1 CARICOM leaders to recommend region’s highest honour for Oramah’s role in transforming ties US $250M Resilience Fund, CAPSS rollout, and feasibility of Caribbean EXIM Bank among key initiatives championed The fourth AfriCaribbean Trade and…

Afreximbank

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    • Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank (with folder, left) exchanges the signed agreement with Mr. Buah Saidy, Governor of Central Bank of The Gambia after the two organisations inked the deal at the 32nd Afreximbank's Annual Meetings in Abuja, Nigeria
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Source: Afreximbank |

Afreximbank to avail $75 million to Central Bank of The Gambia in a cross-currency swap

The cross-currency swap is expected to support the construction and rehabilitation of both rural and urban road networks, reinforcing the Gambia’s commitment to building a more connected, productive and inclusive economy

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG) for the financing of strategic projects undertaken in The Gambia by the Government, through the National Roads Authority (NRA). The agreement, signed in Abuja, Nigeria, as…

Afreximbank

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    • Outgoing Afreximbank President Prof. Benedict Oramah with incoming President Dr. George Elombi
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Source: Afreximbank |

Afreximbank Shareholders Approve Key Resolutions and Reaffirm Support for Preferred Creditor Status

Shareholders also approved the expansion of the Bank’s Concessional Finance Window, increasing its capital allocation from USD 1 billion to USD 5 billion

At the 32nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), held as part of the Bank’s 2025 Annual Meetings in Abuja, Nigeria, from 25 to 28 June 2025, shareholders approved a series of key resolutions aimed at strengthening the Bank’s strategic direction, financial resilience, and governance. Among…

Afreximbank

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    • Professor Benedict Oramah recognised for long service as Export Trading Group (ETG), TRACE, KCB and CBZ toast award success at 32nd Afreximbank Annual Meetings
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Source: Afreximbank |

Professor Benedict Oramah recognised for long service as Export Trading Group (ETG), TRACE, KCB and CBZ toast award success at 32nd Afreximbank Annual Meetings

The Pan-African Business and Development Awards, held annually during the Afreximbank Annual Meetings, are designed to celebrate and recognise transformative businesses and financial institutions within the African continent and in the diaspora

Key Highlights The third edition of the Pan-African Business and Development Awards has recognised and celebrated leading businesses on the continent and in the diaspora in alignment with Afreximbank’s push for a promotion of a Global Africa Marking his distinguished tenor, Professor Benedict Oramah, outgoing Afreximbank President, was honoured with…

Afreximbank

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    • President Benedict Oramah speaks during the launch of the second edition of his book ‘Foundations and Evolutions of Structured Trade Finance’ in Abuja, Nigeria on June 25, 2025
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Source: Afreximbank |

Afreximbank President Launches New Edition of Structured Trade Finance Book at 32nd Annual Meetings

Updated publication expands on real-world applications of structured trade finance, including supply chain finance, reserve-based lending, and fintech integration

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) launched the second edition of Foundations and Evolution of Structured Trade Finance, a landmark publication on a specialised field of trade finance shaped by decades of real-world application. Authored by Professor Benedict O. Oramah, President and Chairman of the Board of Directors of Afreximbank and a…

Afreximbank

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    • Algeria’s Minister of Foreign Trade and Export Promotion, H.E. Prof. Kamal Rezig (third right) with other leaders during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow in Algiers. They are (from left), H.E Ms. Baleka Mbete (founder of NaLHISA and former Deputy President of the Republic of South Africa); Mr. Jean Louis-EKRA (former President of Afreximbank and Deputy Chair of the Intra-African Trade Fair Advisory Council); H.E Zitouny El-Tayeb (Minister of Internal Trade); H.E. Selma Mansouri (Secretary of State to the Minister of Foreign Affairs, in charge of African Affairs); H.E. Chief Olusegun Obasanjo (Chairman of IATF2025 Advisory Council and former President of the Federal Republic of Nigeria) and Mrs Kanayo Awani (Executive Vice-President, Intra-African Trade & Export Development, Afreximbank)
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Source: Afreximbank |

Algeria deepens trade ties with other African countries as it gears up for Africa’s biggest marketplace

IATF provides a platform for businesses to showcase goods and exchange trade and investment information within the continent’s single market

Algeria is working towards increasing its share of trade with other African countries by tapping into opportunities created by the African Continental Free Trade Area (AfCFTA). In a keynote address during the Algeria Intra-African Trade Fair (IATF) 2025 Business Roadshow, Algeria’s Minister of Foreign Trade and Export Promotion, H.E. Prof.…

Afreximbank

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    • Executive Vice President, Intra-African Trade and Export Development, Afreximbank, Mrs. Kanayo Awani (centre) poses with speakers at the Nigeria IATF2025 High-Level Business Roadshow in Lagos; Others are (left to right) Special Advisor to the CEO, Bank of Industry, Mr. Leonard Kange; Ambassador of Algeria to Nigeria, H.E. Hocine Mezoued; Executive Director/CEO, Nigeria Export Promotion Council, Ms. Nonye Ayeni; and Managing Director, Nigeria Export-Import Bank Mr. Abubakar Bello
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Source: Afreximbank |

Nigerian business leverage African Continental Free Trade Area (AfCFTA) to grow the country’s intra-African trade opportunities

The Nigeria IATF2025 roadshow is one of the five in a series of five high-level events in key cities including Nairobi, Accra, Johannesburg, and Algiers

Nigeria is working towards fast-tracking implementation of the African Continental Free Trade Area (AfCFTA) to unlock opportunities for businesses in the country across the continent. Nigeria’s Minister of the Federal Ministry of Industry, Trade and Investment, Hon. Jumoke Oduwole noted that intra-African trade has been improving. “Intra African trade exports…

Afreximbank

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    • Front row (L-R): Mrs Chinelo Oramah, Matron of Afreximbank Spouse Network (ASNET), Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, H.E Bola Ahmed Tinubu (GCFR), President of the Federal Republic of Nigeria, H.E Senator Mrs Oluremi Tinubu (CON), the First Lady of Nigeria, H.E. Olusegun Obasanjo, Former President of Nigeria, and H.E. Brice Oligui Nguema, President of the Republic of Gabon
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Source: Afreximbank |

President Benedict Oramah takes a bow at the Afreximbank Annual Meetings (AAM2025) after a decade of servant leadership

President Tinubu on behalf of the Federal Republic of Nigeria, awarded Prof. Oramah one of Nigeria’s highest state commendations: The Grand Commander of the Order of the Niger (GCON)

Professor Benedict Okechukwu Oramah, CON, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has taken a bow from serving at the helm of the institution for the last decade; a period that has been touted as transformational and exceptional. While giving his closing…

Afreximbank
Source: Afreximbank |

Afreximbank Appoints Dr. George Elombi as Next President

He becomes the fourth President to lead the Bank since its establishment in 1993

The shareholders of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its establishment in 1993. His appointment was one of the…