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Afreximbank
Source: Afreximbank |

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

African sub-sovereign governments are essential for realising the goals of the AfCFTA by promoting cross-border industrial clusters and trade partnerships that transcend national boundaries

WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the United Cities and Local Governments of Africa (UCLG Africa). HAVING deliberated on the theme…

Afreximbank

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    • H.E. Dr. William Samoei Ruto, President of Kenya (front row, centre) and Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank (4th right, front row) together with leaders of Sub-Sovereign governments from Kenya and other African countries during the 4th AfSNET conference, hosted in Kisumu City, Kenya
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Source: Afreximbank |

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Africa’s Sub-Sovereign governments, comprising states, counties, provinces, municipalities and regional authorities, play a critical role in economic development of African countries

Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how their…

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    • From One Life to a Journey of Many Lives: Afreximbank President Pays Tribute to Professor Ghulam Mufti, OBE
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Source: Afreximbank |

From One Life to a Journey of Many Lives: Afreximbank President Pays Tribute to Professor Ghulam Mufti, OBE

Oramah announced that the first AMCE facility, located in Abuja, Nigeria, is set to open in June 2025 with an investment of $300 million, expanding to $700 million in its second phase

At a Festschrift Conference held in honor of the distinguished Professor Ghulam Mufti, OBE, at the Fetal Medicine Research Institute in London, Professor Benedict O. Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), delivered a moving tribute titled “From One Life to a…

Afreximbank

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    • Mr. Okechukwu Ihejirika (centre) Areximbank's Acting Chief Operating Officer, Caribbean office, receives the Medal of Glory award on behalf of Prof. Benedict Oramah
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Source: Afreximbank |

Afreximbank President Prof. Benedict Oramah awarded 2024 Medal of Glory for visionary leadership

The Medal of Glory award, presented annually during the AfrICANDO Awards Gala Dinner, recognises exemplary leaders for important contributions

Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has received the 2024 Medal of Glory award presented by the AGOA Civil Society Organization Network in Miami, United States. Presented during the 25th Annual U.S.-Africa Trade and Investment Conference/Expo (AfriCANDO 2024),…

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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…

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    • Prof. Benedict Okey Oramah (right) receives the Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Week (AEW) 2024
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Source: Afreximbank |

Afreximbank President Professor Benedict Oramah receives prestigious Mohammed Barkindo Lifetime Achievement Award at African Energy Week 2024

In Nigeria, Afreximbank now acts as Adviser and Settlement Bank for NGN denominated crude sales to Nigerian refineries

Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) 2024: Invest in African Energy conference,…

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
Source: Afreximbank |

Afreximbank Announces Investment Conference in Kisumu, Kenya to Strengthen Sub-Sovereign Participation in Intra-African Trade

A key feature of the event will be an exhibition aimed at promoting trade at a local level, to be preceded by an investment promotion training on the first day

In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade and investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the County Government of Kisumu and the United Cities and Local Governments of…

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    • Left-Right: Mr. Temwa Gondwe, Senior Manager, Intra African Trade Bank, Afreximbank, Mr. Ismail Inezarene, Director of Cultural and Artistic Promotion, Algeria, Mrs Kanayo Awani, Executive Vice President for Intra African Trade and Export Development, Afreximbank, Mr. Nassim Mohan Amer, Director of International Cooperation, Algeria and Mrs. Anne Ezeh, Director Communications and Events, Afreximbank
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Source: Afreximbank |

CANEX WKND 2024 concludes in Algiers with over US $540 million in deals committed

The vibrant, four-day event convened 108 exhibitors, 11 masterclasses and close to 4,000 attendees from across 81 countries in Africa, the Caribbean and the diaspora - featuring creatives, industry leaders, and policymakers

The second edition of the Creative Africa Nexus Weekend (CANEX WKND 2024) has drawn to a close in Algiers, Algeria. The vibrant, four-day event convened 108 exhibitors, 11 masterclasses and close to 4,000 attendees from across 81 countries in Africa, the Caribbean and the diaspora - featuring creatives, industry leaders,…

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    • Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank (3rd right), Stephen Tio Kauma, Group MD Human Resources, Afreximbank (2nd left), Ody Akhanoba, Senior Manager Export Development, Afreximbank (left), together with the top three creative entrepreneurs who presented their pitches to the Angel Investors
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Source: Afreximbank |

Angel investors commit US$350,000 to creative entrepreneurs at Afreximbank’s CANEX pitch session

The pitch session, dubbed “CANEX Presents the Angels”, featured 12 creative entrepreneurs from 10 African countries who were selected to present their businesses for review with a view to raising capital for growth and expansion

African Export – Import Bank’s (Afreximbank) (www.Afreximbank.com) Angel investors participating in a pitch session at the just-concluded CANEX WKND 2024 in Algiers have committed a total of US$350,000 in investment into the three best pitches presented at the competition. The pitch session, dubbed “CANEX Presents the Angels”, featured 12 creative…