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Afreximbank

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    • Mr. Paul Russo (from left), Group CEO KCB Group PLC; Ms. Oluranti Doherty, Managing Director Export Development, Afreximbank and Mr. George Olaka, CEO Arise IIP-Kenya during the signing of the US$800 million funding deal for Vipingo Special Economic Zone (SEZ) in Kilifi County. They are flanked by Mr. Gagan Gupta (left), Founder and CEO Arise IIP, H.E. William Ruto, President of the Republic of Kenya and Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank
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Source: Afreximbank |

KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone (SEZ)

Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million and US$ 300 million, respectively towards the initiative

KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have entered a Memorandum of Understanding (MOU) aimed at providing financial and trade facilitation support to investors operating in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank and KCB Group will provide initial…

Afreximbank

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    • Representatives of Afreximbank, the Government of the Republic of South Africa, and Infrastructure South Africa after the signing of the Joint Project Preparation Facility Framework Agreement
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Source: Afreximbank |

Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development

By combining Afreximbank's financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure development in Africa with the signing of a landmark Joint Project Preparation Facility (JPPF) Facility Agreement with the Government of the Republic of South Africa. The agreement was formalised during a ceremony on the margins of the just…

Afreximbank

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    • Mrs Helen Brume, Director and Global Head – Project and Asset Based Finance at Afreximbank (second left) and Mr. Oluwole Adama, Executive Director of MDGIF (2nd right) exchange the signed agreement documents as Nigeria’s Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole (right) watches
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Source: Afreximbank |

Afreximbank and Midstream and Downstream Gas Infrastructure Fund (MDGIF) sign strategic Memorandum of Understanding (MoU) to accelerate development of gas infrastructure in Nigeria

Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria. It was signed on the sidelines of the just ended fourth Intra-African Trade…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair (IATF2025) ends on high note with record $48.3 billion in deals signed by participants

There were also enriching discussions by political, business and other leaders on key Intra-African trade issues during the conference segment of the trade fair, with some of the most sough-after African and international speakers participating

The fourth Intra-African Trade Fair (IATF2023), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from 132…

Afreximbank
Source: Afreximbank |

Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

The agreement aims to provide early-stage project preparation financing, propelling projects from concept to bankability efficiently and effectively

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and  set to significantly transform housing and urban development across the continent and boost trade and investment. Signed…

Afreximbank

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    • Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference
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Source: Afreximbank |

Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference

AfSNET, launched by Afreximbank in 2021 in collaboration with the AfCFTA Secretariat, serves as a platform to strengthen the role of Sub-Sovereign entities in driving intra-African trade and development

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Cross River State have officially signed a Hosting Agreement for the 6th African Sub-Sovereign Governments Network Investment Conference 2026, marking a significant milestone in regional cooperation and investment promotion across Africa.  The agreement was signed during the Sub-Sovereign Business Engagement session…

Afreximbank

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    • Dr. Yemi Kale, Group Chief Economist & Managing Director, Research at Afreximbank
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Source: Afreximbank |

African economies urged to invest in research for industrial transformation

While Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges

African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty. Speaking during the official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African…

Afreximbank

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    • Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Aduwole after receiving the flag to host the fifth edition of the Intra-African Trade Fair in 2027 from the Chairman of the IATF Advisory Council, former President of the Federal Republic of Nigeria, H.E. Chief Olusegun Obasanjo
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Source: Afreximbank |

Nigeria to host the Intra-African Trade Fair in 2027

The last three editions of IATF have cumulatively generated over $118 billion in trade and investment deals and attracted more than 70,000 visitors and 4,500 exhibitors

After a rigorous bid and due diligence exercise, Nigeria has emerged as the successful host country of the fifth edition of the Intra-African Trade Fair (IATF), Africa’s premier trade and investment event that is set to be held in 2027.  This was announced by the Chairman of the IATF Advisory…

Afreximbank

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    • The Intra-African Trade Fair 2025 (IATF2025) kicks off in Algiers as leaders call for acceleration in Intra-African trade
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Source: Afreximbank |

The Intra-African Trade Fair 2025 (IATF2025) kicks off in Algiers as leaders call for acceleration in Intra-African trade

The event is co-convened by African Export-Import Bank (Afreximbank), the African Union Commission and the AfCFTA Secretariat, and is projected to facilitate trade and investment deals worth over US$44 billion

Africa’s premier trade and investment event, the Intra-African Trade Fair 2025 (IATF2025), officially opened in Algiers with calls for African countries to accelerate growth in Intra-African trade and boost economic integration. Addressing delegates including African and Caribbean leaders, and business executives who graced IATF2025’s official opening ceremony in Algiers, the…

Afreximbank
Source: Afreximbank |

Afreximbank delivers solid first half 2025 results, in line with expectations

Afreximbank’s on-balance sheet and contingent items closed H1’2025 at US$42.5 billion, representing a growth of 6.0% over the position as at 31 December 2025 (FY’2024)

African Export-Import Bank Group (Afreximbank/Group) (www.Afreximbank.com) has released its consolidated financial statements for the six months ended 30 June 2025 (H1’2025). Amid heightened geopolitical tensions, persistent inflationary pressures, currency volatility, and tighter global financing conditions, the Afreximbank Group delivered, once again, satisfactory results for the first half of the year…