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Afreximbank
Source: Afreximbank |

Afreximbank Acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa (BADEA)’s second EUR 750mn Senior Eurobond due 2028

Afreximbank, through its Advisory and Capital Markets (ACMA) department, acted as Joint Global Coordinator and Joint Lead Manager to BADEA on this bond transaction for the second consecutive time alongside international banking partners

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead Manager on second EUR 750 million RegS-only senior Eurobond issuance by the Arab Bank for Economic Development in Africa (“BADEA”) due March 2028 under its existing Euro Medium-Term Note (EMTN) programme listed on London Stock…

Afreximbank

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    • Afreximbank and Somalia government officials pose for a photo following an official visit by the Bank to the country
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Source: Afreximbank |

Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth

Somalia’s membership of Afreximbank is a significant milestone that places the country on a path of sustainable economic transformation, upgrading of the country’s trade and industrial infrastructure

Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), becoming the 53rd African member state of the African multilateral financial institution and bringing the Bank closer to its goal of broadening its product offerings to all parts of the continent.   In the instrument of accession…

Afreximbank

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    • Creative Africa Nexus (CANEX) announces 2nd Edition of The Prize for Publishing in Africa (1)
    • Creative Africa Nexus (CANEX) announces 2nd Edition of The Prize for Publishing in Africa (2)
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Source: Afreximbank |

Creative Africa Nexus (CANEX) announces 2nd Edition of The Prize for Publishing in Africa

The prize is open to trade books published by Africa-domiciled publishers in the year preceding the prize, in one or more of the official languages of the African Union: Arabic, English, French, Portuguese, Spanish, Swahili, and any other African language

Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) (www.Afreximbank.com) invites African publishers of trade books to apply for the second edition of the CANEX Book Factory Prize for Publishing in Africa. The initiative, developed in partnership with Narrative Landscape Press Limited, underscores the commitment of Afreximbank through…

Afreximbank

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    • Deputy Chairman of the IATF Advisory Council and former President of Afreximbank, Mr. Jean Louis-Ekra (in the middle), Algeria’s Minister of External Trade and Export Promotion, Hon. Mohammed Boukhari (second right), Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development at Afreximbank (second left) and Mr. Albert Kan-Dapaah, representing H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat (left) and Ms. Salma Mansouri, Secretary of State, for African matters, Republic of Algeria (right)
    • Algeria steps up preparations for the Intra-African Trade Fair 2025 (IATF2025) as six-month countdown starts
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Source: Afreximbank |

Algeria steps up preparations for the Intra-African Trade Fair 2025 (IATF2025) as six-month countdown starts

IATF is a platform for boosting trade and investment in Africa and aims to tap into opportunities from AfCFTA’s single market of over 1.4 billion people and a GDP of over US$3.5 trillion

Preparations are on course for the Intra-African Trade Fair 2025 (IATF2025), Africa’s premier trade and investment event that will be held in Algiers, Algeria from 4th to 10th September 2025. With only six months to go until IATF2025, the Government of the People’s Democratic Republic of Algeria in conjunction with…

Afreximbank

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    • FEDA Chief Executive Officer, Marlene Ngoyi with Ambassador Philip Rukikaire, Head of Regional Peace and Security Department at the Ministry of Foreign Affairs, Uganda
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Source: Afreximbank |

Uganda joins Afreximbank’s Fund for Export-Development in Africa (FEDA) as 21st Member State

Over the past four years, Afreximbank has approved over $813 million in financing for Uganda’s public and private sectors, with a pipeline in exceeding US$ 1 billion in pending approvals

The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) development impact investment arm, into all corners of the continent reached a major milestone today with the signing of the Fund’s Establishment Agreement by Uganda. With Uganda’s accession, FEDA…

Afreximbank

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    • Image on the left: Mr. Paul Russo, Group Managing Director of KCB; Mr. Mike Ogbalu, CEO of PAPSS; Hon. Lee Kinyanjui, Cabinet Secretary Ministry of Investments, Trade and Industry, during the KCB launch event of PAPSS in Nairobi on 27th of February. Image on the right: Mr. Mike Ogbalu, CEO of PAPSS and Dr. Diane Karusisi, CEO of Bank of Kigali, during the Bank of Kigali launch event of PAPSS in Kigali on the 26th of February
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Source: Afreximbank |

KCB Group and Bank of Kigali launch Pan-African Payment and Settlement System (PAPSS), enabling seamless and affordable cross-border payments across Africa

With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies

The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the…

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    • Afreximbank and Kenyan government ink milestone agreements to promote industralisation
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    • President William Ruto of Kenya and President Benedict Oramah of Afreximbank during the signing of multiple agreements on industrialisation in Mombasa, Kenya
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Source: Afreximbank |

Afreximbank and Kenyan government ink milestone agreements to promote industralisation

Afreximbank will finance the development and operationalisation of industrial parks (IPs) and special economic zones (SEZs) to bolster the country’s industrialisation and export manufacturing

Afreximbank to finance development and operationalisation of industrial parks and special economic zones to bolster industralisation and export manufacturing Afreximbank also commits to three-year US$3 billion Kenya country programme to support trade and trade-related investments African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s foremost trade development Bank, today in Mombasa, Kenya, ratified…

Afreximbank

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    • Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) exchanges pleasantries with H.E. Mohamed Irfaan Ali, President of Guyana (right) during the Guyana Energy Conference
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Source: Afreximbank |

Afreximbank to Set up $1 Billion Oil Service Financing Facility in Guyana

Afreximbank Advocates for Increased Local Participation in Guyana’s Oil Value Chain

In a significant announcement at the Guyana Energy Conference and Supply Chain Expo being held from, February 18 - 21, Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), declared the multilateral Bank's intention to establish a $1 billion oil service financing…

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    • Mr. Denys Denya, Senior Executive Vice President of the Afreximbank Group
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Source: Afreximbank |

Afreximbank challenges Africa’s miners to take bold steps to own the continent’s resources

Afreximbank was also leveraging digital platforms, such as the Africa Trade Gateway and the Pan-African Payment and Settlement System, to enable efficient transactions and market access

Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has told African leaders, policymakers, mining industry leaders and global partners at the African Mining Indaba 2025 in Cape Town, South Africa, on Sunday. In a…

Afreximbank
Source: Afreximbank |

The African Research and Innovation Hub @ Intra-African Trade Fair (IATF) launched to utilise academia in advancing understanding of intra-African trade

The platform aims to provide an opportunity for African, Caribbean and Diaspora lecturers, students, and researchers to showcase innovative research and prototypes that contribute towards intra-African trade and industrialisation

University lecturers, students, and researchers affiliated with National Research Institutions invited to participate and showcase their publications and prototypes at IATF2025.   Afreximbank (www.Afreximbank.com), in collaboration with African Union Commission and AfCFTA Secretariat, is excited to launch its new initiative the “African Research and Innovation Hub @IATF”, during the 4th…