Source: Afreximbank |

Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Team Drogba, Competing in the E1 Series

This investment aligns with Afreximbank’s Creative Africa Nexus (CANEX) strategy, which includes sports as a key vertical for advancing Africa’s economic and cultural footprint

The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), is pleased to announce a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship. This investment aligns with Afreximbank’s Creative Africa Nexus…

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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…

Source: Afreximbank |

Afreximbank, Confédération Africaine de Football (CAF) and Rebranding Africa Forum (RAF) join hands to position football as a lever for growth and promote gender inclusivity

Afreximbank would work with the CAF and RAF to commercialize and monetize Africa’s football value chain

On the sidelines of the semi-finals of the 2023 TotalEnergies Africa Cup of Nations (AFCON), African Export-Import Bank (Afreximbank or “the Bank”) (www.Afreximbank.com), the Confédération Africaine de Football (CAF) and the Rebranding Africa Forum (RAF) signed a charter that will allow them to collaborate in positioning football as a lever…

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    • Basketball Africa League is back! #BAL4 (Credit: Basketball Africa League)
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Source: Afreximbank |

Basketball Africa League and Afreximbank to Host BAL4HER Camp and Thought Leadership Discussions in Cairo

“BAL4HER” seeks to promote gender equality among fans and local stakeholders and develop pipelines and recruitment opportunities for women to fully participate and be visible across BAL operations

The Basketball Africa League (BAL) and Afreximbank (https://www.Afreximbank.com/), an official partner of the 2024 BAL season, will host an U23 “BAL4HER” basketball camp and a series of thought leadership discussions on the creative industries and sports business in Cairo, Egypt from Nov. 9-15 in conjunction with Creative Africa Nexus (CANEX),…