We use cookies to improve your experience. By your continued use of this site you accept such use.
Afreximbank

  • Multimedia content

  • Images (1)
    • 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
  • All (1)
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

  • Multimedia content

  • Images (1)
    • 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
  • All (1)
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

  • Multimedia content

  • Images (1)
    • Mr. Zitto Alfayo, Head of Project Preparation at Afreximbank (left), and Dr. Dhiren Thakker, CEO of Med Aditus (right), sign the agreement in Kisumu, Kenya. Looking on are Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, and Prof. Peter Anyang’ Nyong’o, Governor of Kisumu County
  • All (1)
Source: Afreximbank |

Afreximbank partners with Med Aditus to boost local pharmaceutical production of essential medicines in Kenya

Afreximbank’s intervention is part of its ‘Africa Health Security Investment Plan” to support the health product manufacturing ambition of the continent

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a project preparation facility heads of terms agreement at the margins of the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu City, Kenya. The project preparation facility will be deployed…

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…

Afreximbank

  • Multimedia content

  • Images (1)
    • H.E. Dr. William Samoei Ruto, President of Kenya (front row, centre) and Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank (4th right, front row) together with leaders of Sub-Sovereign governments from Kenya and other African countries during the 4th AfSNET conference, hosted in Kisumu City, Kenya
  • All (1)
Source: Afreximbank |

African Sub-Sovereign government leaders and businesses meet in Kisumu City, Kenya to discuss inclusive growth, trade decentralization and investment opportunities

Africa’s Sub-Sovereign governments, comprising states, counties, provinces, municipalities and regional authorities, play a critical role in economic development of African countries

Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25th and 27th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how their…

Afreximbank

  • Multimedia content

  • Images (1)
    • From One Life to a Journey of Many Lives: Afreximbank President Pays Tribute to Professor Ghulam Mufti, OBE
  • All (1)
Source: Afreximbank |

From One Life to a Journey of Many Lives: Afreximbank President Pays Tribute to Professor Ghulam Mufti, OBE

Oramah announced that the first AMCE facility, located in Abuja, Nigeria, is set to open in June 2025 with an investment of $300 million, expanding to $700 million in its second phase

At a Festschrift Conference held in honor of the distinguished Professor Ghulam Mufti, OBE, at the Fetal Medicine Research Institute in London, Professor Benedict O. Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), delivered a moving tribute titled “From One Life to a…

Afreximbank
Source: Afreximbank |

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels

African Export-Import Bank (“Afreximbank” or the “Group”) (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months ended 30 September 2024 (9M’2024). The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels,…

Afreximbank
Source: Afreximbank |

Afreximbank successfully prices its inaugural Samurai bonds, raising JPY81.3 billion (about USD 530 million equivalent) comprising JPY 67.2 billion 5 regular tranches and JPY 14.1 billion 3-year Retail Samurai (“The Transaction”)

Afreximbank successfully met its objective of achieving a benchmark transaction size of over JPY 30 billion and maximizing the size in longer tenors (up to 10 years)

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting of 2-year, 3-year, 5-year, 7-year and 10-year fixed rate tranches. Concurrently, the Bank launched its inaugural Retail Samurai bond with a 3-year fixed-rated tranche valued at JPY 14.1 billion.…

Afreximbank

  • Multimedia content

  • Images (1)
    • Mr. Okechukwu Ihejirika (centre) Areximbank's Acting Chief Operating Officer, Caribbean office, receives the Medal of Glory award on behalf of Prof. Benedict Oramah
  • All (1)
Source: Afreximbank |

Afreximbank President Prof. Benedict Oramah awarded 2024 Medal of Glory for visionary leadership

The Medal of Glory award, presented annually during the AfrICANDO Awards Gala Dinner, recognises exemplary leaders for important contributions

Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has received the 2024 Medal of Glory award presented by the AGOA Civil Society Organization Network in Miami, United States. Presented during the 25th Annual U.S.-Africa Trade and Investment Conference/Expo (AfriCANDO 2024),…

Afreximbank

  • Multimedia content

  • Images (1)
    • Over $370 million secured in Engineering, Procurement, and Construction deals at Afreximbank’s Lagos workshop
  • All (1)
Source: Afreximbank |

Over $370 million secured in Engineering, Procurement, and Construction deals at Afreximbank’s Lagos workshop

More than 180 participants, representing EPC companies, financial institutions, law firms and government agencies from West Africa as well as Egypt, Angola and Uganda, were in attendance

During the recently held African Export-Import Bank (Afreximbank) (www.Afreximbank.com) Intra-African Engineering, Procurement and Construction (EPC) workshop in Lagos participants formalised business deals totalling over US$370 million, a significant step towards empowering African contractors. The deals, signed during the workshop held in Lagos on 28 October, included a US$300-million Global facility…