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Afreximbank

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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…

Afreximbank
Source: Afreximbank |

Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.

The rating puts Afreximbank on a stronger footing as it embarks on fundraising activities in a relatively new capital market as we continue to leverage optimal financial resources into Africa

China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank (Afreximbank) (www.Afreximbank.com), recognising the Bank as a leading Multilateral Financial Institution (MFI) on the continent.  Afreximbank is the first African Multilateral Financial Institution to receive AAA rating from CCXI. In its 2024 Credit…

Afreximbank
Source: Afreximbank |

Prosper Africa and Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the United States (U.S.) and Africa

The MoU outlines several key areas of collaboration, including, capital access facilitation, technical and transaction advisory support for creative deals, SME development for agribusiness and textiles, Creative Africa Nexus, and strategic event collaboration

Prosper Africa and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment capital, with…

Afreximbank
Source: Afreximbank |

State of Libya joins Afreximbank membership agreement to boost African trade and Development Cooperation

Joining the Bank’s membership paves the way for the ratification of the Establishment Agreement to complete the accession procedures

The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement (www.Afreximbank.com), becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed…

Afreximbank
Source: Afreximbank |

Afreximbank signs landmark hydropower project in Democratic Republic of Congo (DRC)

Aligning with Afreximbank’s climate finance strategy, the project marks Afreximbank’s first private-sector renewable energy initiative in the DRC

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical…

Afreximbank
Source: Afreximbank |

Afreximbank participates in Bank of Industry Nigeria’s syndicated facility of up to EUR 2-billion

The Bank disbursed its participation amount of EUR 175 million in September 2024 in two tranches of EUR 115 million in Tranche A and EUR 60 million under Tranche B

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) recently joined a consortium of financial institutions in London to sign a landmark syndicated term loan facility for Bank of Industry (BOI) Nigeria of up to EUR 2 billion. Afreximbank, acted as one of the Initial Mandated Lead Arrangers, Bookrunner and Facility Agent. The Bank…

Afreximbank

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    • Mr. Létondji Beheton, CEO, GDIZ (middle), symbolically laying the first block for AQAC. Looking on from left to right: Mr. Faki Adje, Deputy General Manager, Arise IIP; Ms. Emilie-Nono Ketcheuzeu, Manager-Client Relations (Francophone West & Central Africa), Afreximbank; Mr. Vijay Kumar Thota, Finance Manager, Arise IIP; and Mr. Amr Yawer, Manager-Export Development, Afreximbank
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Source: Afreximbank |

Afreximbank and Arise IIP commence the construction of the African Quality Assurance Center in Glo-Djigbé Industrial Zone (GDIZ) Benin to boost Intra-African trade: A landmark collaboration between Afreximbank and ARISE IIP

The AQAC laboratory in GDIZ will offer world-class testing, inspection, and certification services covering food and agricultural products, ensuring that products “Made in Africa” meet the required safety and quality standards

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and ARISE Integrated Industrial Platforms (ARISE IIP) are proud to announce the commencement of construction works for the African Quality Assurance Centre (AQAC) in Glo-Djigbé Industrial Zone (GDIZ) in Benin on Tuesday, 27th November 2024. This landmark project is a collaboration between Afreximbank and ARISE…

Afreximbank

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    • Mrs. Helen Brume, Director, Project & Asset Finance (right) and Mr. Joseph Ilebode, Group Managing Director, JE Energy Limited (left), signing the agreement, witnessed by colleagues from both institutions
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Source: Afreximbank |

Afreximbank signs a $100 million Trade Finance Facility with JE Energy for the execution of Guyana crude oil export contracts

The facility is expected to help ensure that Guyana is able to trade internationally and to benefit from its natural resources while earning much needed foreign currency

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on November 5 in Cape Town, South Africa, signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favour of oil trader JE Energy Limited to support its contract implementation in the Republic of Guyana. Under the terms of the agreement signed on…

Afreximbank
Source: Afreximbank |

Communiqué of the 4th African Sub-Sovereign Governments Network (AfSNET) Conference

African sub-sovereign governments are essential for realising the goals of the AfCFTA by promoting cross-border industrial clusters and trade partnerships that transcend national boundaries

WE, the Network of African Sub-Sovereign Governments, having convened at the 4th African Sub-Sovereign Governments Network (AfSNET) Conference, hosted by the County Government of Kisumu, and jointly organised by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the United Cities and Local Governments of Africa (UCLG Africa). HAVING deliberated on the theme…