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Afreximbank

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    • Marc Tabhcy, Founder and Chairman of APD Cameroon (left), exchanges documents with Helen Brume, Director of Project and Asset-Based Finance at Afreximbank, following the signing of an indicative term sheet for the EUR 210 million financing of a new port terminal in Douala, Cameroon
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Source: Afreximbank |

Afreximbank signs term sheet to finance new terminal at Cameroon’s Douala Port

The new terminal will be an extension of the existing Port of Douala and will consist of two berths to be numbered 53 and 54

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and…

Afreximbank

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    • Afreximbank Celebrates 8 Awards at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards and Project Finance Awards 2023 Charity Dinners (1)
    • Afreximbank Celebrates 8 Awards at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards and Project Finance Awards 2023 Charity Dinners (2)
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Source: Afreximbank |

Afreximbank Celebrates 8 Awards at Europe, Middle East, and Africa (EMEA) Finance Achievement Awards and Project Finance Awards 2023 Charity Dinners

Afreximbank received the Best Oil and Gas Deal award for its NNPCL Project Gazelle US$3.3-billion five-year pre-export finance syndicated loan

In a nod to its increasingly important contribution to Africa’s economic growth and development, Afreximbank (www.Afreximbank.com) has been recognised with a haul of 8 Awards at the EMEA Project Finance and EMEA Achievement Awards 2023 Charity dinners held in London on June 5 & 6 respectively. Hosted by EMEA Finance…

Afreximbank

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    • Left – Right: Prof. Benedict Okey Oramah, President and Chairman Board of Directors of Afreximbank, His Excellency Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, First Lady of Malawi, Madame Monica Chakwera and President-Founder of ARISE IIP, Mr. Gagan Gupta during the official commissioning of the groundbreaking of the Malawi “Magwero” Industrial Park.
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Source: Afreximbank |

Afreximbank, in partnership with Arise IIP and the Republic of Malawi, initiates construction of the "Magwero Industrial Park" in Lilongwe, an integrated industrial park set to accelerate the country's industrialization

Afreximbank, the leading financial partner of ARISE IIP, will finance the project to a tune of USD 300 million

His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, President and Chairman Board of Directors of Afreximbank (www.Afreximbank.com), Prof. Benedict Okey Oramah and the President-Founder of ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class industrial ecosystems, Mr. Gagan Gupta, have unveiled the…

Afreximbank
Source: Afreximbank |

CORRECTION: Horizons Clinic (Gambia) Limited Secures US$16.8 Million Construction and Medical Tourism Relay Facility (“CONMED”) from Afreximbank

The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the healthcare system in The Gambia

African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) has availed Horizons Clinic (Gambia) Limited a tailored US$16.8 million (Sixteen million, Eight Hundred Thousand United States Dollars) Construction and Medical Tourism Relay Facility (“CONMED”). The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the…

Afreximbank
Source: Afreximbank |

Horizons Clinic (Gambia) Limited Secures US$16.8 Million Construction and Medical Tourism Relay Facility (“CONMED”) from Afreximbank

The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the healthcare system in The Gambia

African Export-Import Bank (“Afreximbank”) (www.Afreximbank.com) has availed Horizons Clinic (Gambia) Limited a tailored US$16.8 million (Sixteen million, Eight Hundred Thousand United States Dollars) Construction and Medical Tourism Relay Facility (“CONMED”). The facility will support the construction of Horizons Clinic, a 60-bed, international standard, medical facility set to significantly improve the…

Afreximbank

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    • Prof. Benedict Oramah, President and Chairman of the Board of Directors at Afreximbank (in grey suit, holding an award), leads senior staff in receiving the two awards won by Afreximbank at the African Banker Awards ceremony held in Nairobi
    • Afreximbank Named African Bank of the Year for the Second Year Running, also Clinches Deal of the Year in Infrastructure (1)
    • Afreximbank Named African Bank of the Year for the Second Year Running, also Clinches Deal of the Year in Infrastructure (2)
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Source: Afreximbank |

Afreximbank Named African Bank of the Year for the Second Year Running, also Clinches Deal of the Year in Infrastructure

The Group's results for the financial year ending 31 December 2023 showed remarkable strength and resilience, surpassing the previous year's performance

For the second year in a row, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has emerged as a double winner at the African Banker Awards, winning both the ‘Bank of the Year’ and ‘Deal of the Year (Infrastructure)’ awards. This prestigious recognition was announced at the awards gala ceremony held in Nairobi…

Afreximbank

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    • Left – Right: Mr. Okechukwu Ihejirika, Ag. Regional Chief Operating Officer, Afreximbank CARICOM Office, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, Honourable Mia Mottley, Prime Minister of Barbados and Mr. Dami
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Source: Afreximbank |

Afreximbank Supports Rehabilitation of Sporting Facility in Barbados Ahead of the 2024 Cricket World Cup

The facility will go towards renovation and refurbishing works; upgrading of the Garfield Sobers Players’ Pavilion; upgrading A/V and electrical systems as well as procurement of temporary stands

African Export-Import Bank (Afreximbank or the Bank) (www.Afreximbank.com) announced today that it has extended a USD 25 Million term loan facility to Kensington Oval Management Inc. (KOMI), a major sports facility in Bridgetown, Barbados, ahead of the 2024 Cricket World Cup which is set to take place from June 4th…

Afreximbank
Source: Afreximbank |

St. Lucia Receives $6 Million as Afreximbank Makes Historic First Disbursement from Caribbean Office

The facility will help in the infrastructure rehabilitation of St. Lucia, including 25 schools damaged during tropical storm Bret which affected the country in June 2023

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is delighted to announce that it has successfully executed its first facility disbursement from its recently-established Caribbean Office in Bridgetown, Barbados. The disbursement is a US $6 million Education Rehabilitation Climate-linked Sovereign Term Loan Facility to the government of St. Lucia through its Ministry…

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 signs agreement to provide Cameroon with EUR 200-million facility to support National Development Strategy implementation

A milestone in the relationship between Afreximbank and the Government, the facility is the largest financing facility ever provided by the Bank in support of Cameroon’s economic development

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister…