Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt

This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining and trading hubs

The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) (www.Afreximbank.com) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining…

Ministry of Finance Ghana and Afreximbank announce successful resolution of US$750 million facility

The Government of the Republic of Ghana, acting through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) (https://Afreximbank.com/) are pleased to announce successful resolution of the issues surrounding the US$750 million facility signed in 2022, to the satisfaction of both parties, enabling both parties to continue to partner…

Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity

Heirs Energies plays a pivotal role in Nigeria’s oil and gas industry, where crude oil remains a resource of critical national and international importance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy’s capital structure and unlock critical liquidity to support its working capital requirement as it pursues its ambitious field development programme. The investment is expected to significantly transform Nigeria’s domestic…

The African Medical Centre of Excellence (AMCE) achieves two landmark successes as it completes its first Open-Heart Surgery and delivers West Africa’s first Stereotactic Body Radiation Therapy (SBRT) for lung Cancer

Landmark procedure strengthens Africa’s capacity for complex cardiac care, reducing reliance on overseas medical travel

Only six months since its opening in June this year, the African Medical Centre of Excellence (AMCE) in Abuja is redefining top-class medical care in West Africa, achieving two ground-breaking clinical milestones. The world-class tertiary medical facility developed by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in partnership with King's College Hospital London,…

Hassan Allam Construction Awarded a landmark USD 250 million contract to build the iconic Afreximbank African Trade Centre in Egypt's New Capital

The project encompasses the full construction and finishing of a comprehensive development that will serve as Afreximbank's global headquarters

The complex will host a full suite of modern trade-supporting facilities, including a trade information centre, a world-class library and knowledge hub, an innovation and SME incubation centre, a business centre, a 110-room apartment hotel, a 750-seater modern conference centre and a corporate museum, among other facilities. Scope covers construction,…

Afreximbank Breaks Ground on its Iconic Trade Centre and New Headquarters in Egypt’s New Capital

The Afreximbank African Trade Centre will be located in a modern, strategically planned environment that brings together government ministries, foreign embassies, and international organisations

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters. Situated in the Diplomatic District of the New…

Afreximbank announces US$1.1-million donation to aid Hurricane Melissa recovery efforts in Jamaica and Haiti

Afreximbank will continue to work with Caribbean governments, through the Bank’s CARICOM Office based in Barbados, to explore long-term financing solutions that strengthen resilience, restore livelihoods, and reinforce critical infrastructure

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a donation of US$1.1 million to the governments of Jamaica and Haiti to support their recovery efforts following the devastation caused by Hurricane Melissa in October. Hurricane Melissa, which passed through the northern Caribbean, unleashed unprecedented devastation on a number of countries in…

Afreximbank Abuja African Trade Centre Achieves Leadership in Energy and Environmental Design (LEED) Platinum Certification, the highest level in green building certification

The Abuja AATC now stands as a living demonstration of Afreximbank’s vision to integrate commercial competitiveness, innovation, and sustainability into Africa’s trade infrastructure

The United States Green Building Council and Green Business Certification Inc has certified the African Export-Import Bank’s (Afreximbank) (https://Afreximbank.com/) Abuja African Trade Centre (AATC) the prestigious LEED Platinum certification, the highest global standard in sustainable building design and construction. This milestone establishes the Abuja AATC as the first building in…

Afreximbank says Africa must raise factoring volumes to at least €240 billion to support Small and Medium Enterprises (SME)-led transformation

Africa’s factoring volumes have more than doubled in recent years, increasing from €21.6 billion in 2017 to €50 billion in 2024, and with nearly 200 factoring companies now operating across the continent

Afreximbank (www.Afreximbank.com) has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade…

The African Airlines Association (AFRAA) Marks New Era of African Aviation as Free Route Airspace Takes Flight in West and Central Africa

The focus for 2026 will shift to the Eastern and Southern Africa (ESAF) airspace to conclude trials and achieve a similar FRA implementation

The African Airlines Association (AFRAA) heralds a transformative milestone in African aviation with the full operational deployment of Free Route Airspace (FRA) in the Western and Central Africa (WACAF) region, effective 30 October 2025. This landmark achievement, transitioning from successful trials initiated in November 2023, will allow any airline to plan…