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Afreximbank
Source: Afreximbank |

Malawi Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

This key milestone reflects the Fund's growing support across Africa, bringing the total number of participating countries in FEDA to eighteen

The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the Republic of Malawi’s accession to the FEDA Establishment Agreement. This key milestone reflects the Fund's growing support across Africa, bringing the total number of participating countries in FEDA…

Afreximbank

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    • Mr. Harold Jiya, Chief Executive Officer, NBM Plc with Mr. Haytham ElMaayergi, Executive Vice President, Global Trade Bank Africa at Afreximbank
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Source: Afreximbank |

National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance

The collaboration is expected to boost intra- and extra-African trade across NBM’s expanding geographical footprint in the southern African region

In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by…

Afreximbank

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    • Mr. Haytham El Maayergi, Executive Vice President of Global Trade Bank with Mr George Chitera, the Deputy Managing Director for FDH Bank Plc
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Source: Afreximbank |

FDH Bank Malawi bags US$15-million Afreximbank loan facility

FDH Bank will deploy the proceeds of the facility to the financing of trade transactions of its clients involved in manufacturing, exports and imports

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to provide FDH Bank Plc. Malawi with a US$15-million amortizing term loan facility to support the manufacturing sector, exporters and importers in Malawi. Under the terms of the agreement, signed during the just-concluded Afreximbank Annual Meetings (AAM2024) in Nassau, capital city…

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…