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Afreximbank

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    • L-R: Algeria’s Celebrity Chef, Presenter and Producer, Shérazade Laoudedj, with Fatma Zohra Bendjelida, crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition and Loubna Ali Cherif, who emerged first runners up in the competition that celebrates young aspiring chefs’ creativity and flair in African cuisine and culture
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Source: Afreximbank |

Winners of inaugural Creative Africa Nexus (CANEX) Junior Chef Competition unveiled

The CANEX Junior Chef Competition provided a platform to spotlight Algeria’s rich and vibrant culinary culture while highlighting local products, celebrating young rising talent, and promoting a dynamic cultural exchange

Fatma Zohra Bendjelida was crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition which celebrates young aspiring chefs’ creativity and flair in African cuisine and culture.  Loubna Ali Cherif and Aouis Akkouch were named first and second runners up in the competition that was open to young…

Afreximbank
Source: Afreximbank |

Afreximbank wins mandate as sole financial advisor for South Africa's $1.7-billion Suiso Project

As financial advisor, ACMA’s role will involve leveraging its network and expertise to structure and mobilise the capital required for the project’s execution

African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the US$1.7-billion Suiso Project, a transformative coal-to-fertiliser facility to be developed in Kriel, Mpumalanga Province, in South Africa. As financial advisor, ACMA’s role will involve…

Afreximbank

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    • L-R: Mr. Agostinho Kapaia, Chairman of Opaia Group and Mr. Humphrey Nwugo, Regional Chief Operating Officer, Afreximbank Southern African region
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Source: Afreximbank |

Afreximbank supports Angolan partners to drive industrialization & boost food security

Afreximbank is arranging the required debt funding in its capacity as Mandated Lead Arranger and is also supporting the equity raise as one of the Financial Advisers

African Export-Import Bank (Afreximbank or “The Bank”) (www.Afreximbank.com) and Amufert SA announced that they have signed terms for a USD 1.4 Billion facility to support the establishment of a fertilizer plant in Angola.  Afreximbank is arranging the required debt funding in its capacity as Mandated Lead Arranger and is also…

Afreximbank
Source: Afreximbank |

Afreximbank’s African Quality Assurance Centre receives international accreditation from South African National Accreditation System (SANAS)

The accreditation by SANAS amplifies AQAC’s ability to offer internationally accredited services for food and agri products and paves the way for a more reliable and robust testing environment in Africa

African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria, in partnership with Bureau Veritas (BV) has been awarded the ISO/IEC 17025:2017 accreditation by the South African National Accreditation System (SANAS), one of the key accreditation bodies in Africa responsible for carrying out conformity assessments…

Afreximbank

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    • The Arab Africa Trade Bridges (AATB) Concludes its 4th Board of Governors Meeting with Landmark Agreements to Enhance Arab African Trade and Cooperation
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Source: Afreximbank |

The Arab Africa Trade Bridges (AATB) Concludes its 4th Board of Governors Meeting with Landmark Agreements to Enhance Arab African Trade and Cooperation

Milestone Agreements Forge New Paths in African-Arab Trade Relations

The Arab Africa Trade Bridges (AATB) Program announces the successful conclusion of its 4th Board of Governors (BoG) Meetings, held alongside with the Tunisia Africa Business Meeting (TABM) from 2 July 2024, in Tunis, Tunisia. This event marks a milestone in advancing trade, economic cooperation, and regional integration between Africa…

Afreximbank
Source: Afreximbank |

Afreximbank, Cassa Depositi e Prestiti S.p.A (CDP) sign Memorandum of Understanding (MoU) for €200-million facility to support food security interventions across Africa

The new financing from CDP will be used to provide support, either directly to eligible African enterprises, or indirectly through local financial intermediaries

The financing will support the Bank’s interventions in food security and climate smart agriculture; The two also signed an MoU to enhance cooperation between Italian and African companies. Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have…

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

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    • Prof. Benedict Oramah (middle), President and Chairman of Afreximbank signing the agreement with strategic partners and member countries
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Source: Afreximbank |

Afreximbank commits $2 billion as partners sign agreement for Export Agriculture for Food Security Initiative

The initiative is intended to help address food insecurity in Africa, which includes a near 20 per cent hunger rate, by reducing dependence on other regions for much needed food commodities

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of Chad, Malawi, Zimbabwe and Egypt. The initiative seeks to initiative to improve food security in Africa.…

Afreximbank
Source: Afreximbank |

Afreximbank reiterates prioritization of food security, promoting trade & investment and advancing the African Continental Free Trade Agreement (AfCFTA) at 2nd Russia-Africa Economic & Humanitarian Forum

Afreximbank offers a portfolio of solutions to support investments in agriculture, industrial parks and critical infrastructure, in partnership with the Russian Export Centre

With the prevalent dependency of African economies on external supply of fertilizers and grains and up to 30% of cereals imported from Russia, ensuring that critical trade flows continue uninhibited, remains the priority of Afreximbank (www.Afreximbank.com) and its African member states. The lingering global food security challenges and the critical role trade…