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Afreximbank

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    • African and Caribbean leaders pose with their commemorative PAPSSCARD after it was launched at the Afreximbank Annual Meetings in Abuja. the PAPSSCARD is the continent’s first Pan-African card scheme
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Source: Afreximbank |

Africa Launches First Pan-African Card Scheme – PAPSSCARD

The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems

Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings (www.Afreximbank.com) in Abuja, Nigeria, the new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building…

Afreximbank
Source: Afreximbank |

Afreximbank Appoints Dr. George Elombi as Next President

He becomes the fourth President to lead the Bank since its establishment in 1993

The shareholders of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its establishment in 1993. His appointment was one of the…

Afreximbank

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    • Afreximbank Launches 2025 Report on African Trade in a Shifting Global Financial Landscape
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Source: Afreximbank |

Afreximbank Launches 2025 Report on African Trade in a Shifting Global Financial Landscape

The report shows that Africa’s total merchandise trade recovered, surging by 13.9% in 2024, to US$1.5 trillion, following a 5.4% contraction in 2023

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today launched its flagship African Trade Report 2025, themed “African Trade in a Changing Global Financial Architecture”, during the Afreximbank Annual Meetings (AAM2025) in Abuja. Download Document: https://apo-opa.co/3FY7kKJ The report looks at the performance of Africa’s trade in a challenging global environment charaterised by rising geopolitical tensions, new trade…

Afreximbank
Source: Afreximbank |

African and Caribbean leaders to headline Afreximbank’s 32nd Annual Meetings in Abuja, Nigeria

Held under the theme “Building the Future on Decades of Resilience”, AAM2025 will focus on accelerating trade opportunities, driving investment and fostering innovation

The 32nd Annual Meetings (AAM2025) of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) will bring together an influential coalition of global, African and CARICOM leaders in Abuja, Nigeria from 25–27 June 2025. This high-level forum will focus on advancing trade, investment, and innovation across the continent, with Heads of State, Prime Ministers,…

Afreximbank

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    • Prof. Benedict Oramah, Afreximbank's President and Chairman of the Board of Directors and Dieudonné Evou Mekou, President of BDEAC display folders containing the signed agreements
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Source: Afreximbank |

Banque de Développement des États de l'Afrique Centrale (BDEAC) secures EUR 100-million trade finance facility from Afreximbank

Prof. Benedict Oramah, Afreximbank's President and Chairman of the Board of Directors, signed for the Bank, while Dieudonné Evou Mekou, President of BDEAC, signed for his organization

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to provide the Banque de Développement des États de l'Afrique Centrale (BDEAC) with EUR 100-million trade finance facility to support critical regional integration projects in the Central African Economic and Monetary Community (CEMAC). The facility would also support the upgrading of…

Afreximbank

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    • L-R: Hon. Wale Edun, Minister of Finance and Coordinating Minister of the Economy Nigeria, Dr. Kayode Fayemi, Former Governor of Ekiti State, H.E. Senator Kashim Shettima, Vice President of the Federal Republic of Nigeria representing H.E Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria, H.E Professor Benedict Oramah, CON, President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank) and his wife, Mrs. Chinelo Oramah, Matron of Afreximbank Spouse Network (ASNET) during the commissioning ceremony of the African Medical Centre of Excellence Abuja (AMCE) on 5th June 2025
    • African Medical Centre of Excellence (AMCE) Opens its Doors to the Public as it Seeks to Transform Healthcare in Africa
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Source: Afreximbank |

African Medical Centre of Excellence (AMCE) Opens its Doors to the Public as it Seeks to Transform Healthcare in Africa

World-class facility aims to reverse Nigeria’s $1bn+ annual medical tourism outflow while establishing Africa as global healthcare destination

The African Medical Centre of Excellence (AMCE) officially opened today, marking a historic milestone in Africa's journey towards healthcare sovereignty. The US$300 million tertiary medical facility, developed by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in partnership with King's College Hospital London, welcomed His Excellency President Bola Ahmed Tinubu as guest of…

Afreximbank
Source: Afreximbank |

Nigeria Unlocks Intra-African Trade with New Pan-African Payment & Settlement System (PAPSS) Policy Boost

The announcement also empowers commercial banks to source foreign exchange for PAPSS through Nigeria’s Foreign Exchange market

The Pan-African Payment & Settlement System (PAPSS) warmly welcomes the new circular from the Central Bank of Nigeria (CBN), announcing a significant streamlining of documentation requirements for PAPSS transactions in Nigeria. This progressive policy, announced on 28 April 2025, sets the stage for faster, more cost-effective, and more inclusive participation…

Afreximbank
Source: Afreximbank |

Afreximbank announces specialized African Continental Free Trade Area (AfCFTA) training to empower African businesses

Scheduled to take place in Abuja, Nigeria, from June 30 to July 2, 2025, the training program is designed to provide businesses with practical policy-relevant insights into the AfCFTA’s evolving regulatory and institutional landscape

To enable African businesses to fully capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a specialized training program designed to equip enterprises with a deep understanding of the agreement’s commercial implications and transformative potential. Scheduled to take place…

Afreximbank

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    • Representative of H. E. Bola Ahmed Tinubu GCFR, President and Commander-in-Chief of the Armed Forces, The Federal Republic of Nigeria, Senator Dr. George Akume, Secretary to the Government of the Federation (cutting ribbon in the middle) flanked on his immediate left by President and Chairman of Board of Directors, Afreximbank, Professor, Benedict Oramah, Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun on his right; representatives of governments of several African countries and Barbados; top government officials, captains of industry, members of the diplomatic corps, Afreximbank executives and other top dignitaries at the launch of the historic Afreximbank African Trade Centre in Abuja yesterday
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Source: Afreximbank |

Afreximbank commissions first-of-its-kind African Trade Centre in Abuja, Nigeria - marking a new era for Intra-African trade

With the opening of the Abuja AATC, Afreximbank continues its mission to promote intra-African trade and investment opportunities, laying the groundwork for a more prosperous and integrated African economy

Multilateral Bank African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has officially commissioned its first Afreximbank African Trade Centre (AATC) today in Abuja, Nigeria, ushering in a transformative era for trade and investment in Africa. During the grand commissioning ceremony, speakers, including Hon. Dr. George Akume, Secretary to the Government of Federation, Nigeria…

Afreximbank

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    • Prof. Benedict Oramah (4th right), President and Chairman of the Board of Directors of both AMCE and Afreximbank together with senior Nigerian government leaders, members of the Board of Directors of AMCE, Afreximbank executives and other dignitaries during the AMCE site tour
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Source: Afreximbank |

The African Medical Centre of Excellence (AMCE) Unveils Construction Milestones as June 2025 Launch Approaches

As of February 2025, all civil and structural works have been completed, with rigorous quality assurance and control measures ensuring the highest construction standards

The African Medical Centre of Excellence (AMCE), a groundbreaking tertiary medical institution spearheaded by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in partnership with King’s College Hospital, London, hosted a high-level stakeholder and media tour to showcase major construction milestones and reaffirm its commitment to revolutionising healthcare in Africa by building a…