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Afreximbank
Source: Afreximbank |

Afreximbank’s Africa Research and Innovation Hub (ARIH) seeks to unlock US$70 billion annual economic gains for Africa

The hub is structured to address the low investment in research and development (R&D) in Africa and the continent’s underperformance in research output

The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is seeking to unlock up to US$70 billion annually in economic gains for Africa by boosting innovation-driven sustainable growth. ARIH is expected to catalyse technological sovereignty, intra-African trade, sustainable growth and structural transformation…

Afreximbank

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    • Representatives of Afreximbank, the Government of the Republic of South Africa, and Infrastructure South Africa after the signing of the Joint Project Preparation Facility Framework Agreement
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Source: Afreximbank |

Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development

By combining Afreximbank's financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure development in Africa with the signing of a landmark Joint Project Preparation Facility (JPPF) Facility Agreement with the Government of the Republic of South Africa. The agreement was formalised during a ceremony on the margins of the just…

Afreximbank

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    • L-R: Algeria’s Celebrity Chef, Presenter and Producer, Shérazade Laoudedj, with Fatma Zohra Bendjelida, crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition and Loubna Ali Cherif, who emerged first runners up in the competition that celebrates young aspiring chefs’ creativity and flair in African cuisine and culture
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Source: Afreximbank |

Winners of inaugural Creative Africa Nexus (CANEX) Junior Chef Competition unveiled

The CANEX Junior Chef Competition provided a platform to spotlight Algeria’s rich and vibrant culinary culture while highlighting local products, celebrating young rising talent, and promoting a dynamic cultural exchange

Fatma Zohra Bendjelida was crowned winner of the inaugural Creative Africa Nexus (CANEX) Junior Chef Competition which celebrates young aspiring chefs’ creativity and flair in African cuisine and culture.  Loubna Ali Cherif and Aouis Akkouch were named first and second runners up in the competition that was open to young…

Afreximbank

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    • Mrs Helen Brume, Director and Global Head – Project and Asset Based Finance at Afreximbank (second left) and Mr. Oluwole Adama, Executive Director of MDGIF (2nd right) exchange the signed agreement documents as Nigeria’s Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole (right) watches
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Source: Afreximbank |

Afreximbank and Midstream and Downstream Gas Infrastructure Fund (MDGIF) sign strategic Memorandum of Understanding (MoU) to accelerate development of gas infrastructure in Nigeria

Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria. It was signed on the sidelines of the just ended fourth Intra-African Trade…

Afreximbank
Source: Afreximbank |

Intra-African Trade Fair (IATF2025) ends on high note with record $48.3 billion in deals signed by participants

There were also enriching discussions by political, business and other leaders on key Intra-African trade issues during the conference segment of the trade fair, with some of the most sough-after African and international speakers participating

The fourth Intra-African Trade Fair (IATF2023), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from 132…

Afreximbank
Source: Afreximbank |

Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

The agreement aims to provide early-stage project preparation financing, propelling projects from concept to bankability efficiently and effectively

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and  set to significantly transform housing and urban development across the continent and boost trade and investment. Signed…

Afreximbank
Source: Afreximbank |

Afreximbank launches new entity to promote large scale trade in value-added goods

On the margins of the official launch ceremony, ATDC signed deals with several firms across the continent spanning logistics, minerals, agricultural produce, among others

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has today launched the African Trade and Distribution Company (ATDC) to catalyse large scale trade in raw materials, minerals and value-added products from across Africa.  Afreximbank, through the Fund for Export Development in Africa (FEDA), established ATDC in collaboration with Arise Integrated Industrial Platforms (Arise…

Afreximbank

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    • The 2025 CANEX Book Factory Prize is presented to Karavan Press
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Source: Afreximbank |

Karavan Press bags Creative Africa Nexus (CANEX) Book Factory Prize for Publishing in Africa 2025

Karavan Press was recognised for its book In Silence My Heart Speaks by Thobeka Yose, winning the $20,000 top prize

Karavan Press, an independent publisher based in Cape Town, South Africa is the winner of the 2025 edition of the CANEX Book Factory Prize for Publishing in Africa that celebrates and recognises outstanding contributions of African publishers and authors to the literary world. Karavan Press was recognised for its book…

Afreximbank

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    • Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference
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Source: Afreximbank |

Cross River State and Afreximbank sign Hosting Agreement for AfSNET 2026 Investment Conference

AfSNET, launched by Afreximbank in 2021 in collaboration with the AfCFTA Secretariat, serves as a platform to strengthen the role of Sub-Sovereign entities in driving intra-African trade and development

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Government of Cross River State have officially signed a Hosting Agreement for the 6th African Sub-Sovereign Governments Network Investment Conference 2026, marking a significant milestone in regional cooperation and investment promotion across Africa.  The agreement was signed during the Sub-Sovereign Business Engagement session…

Afreximbank

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    • Dr. Yemi Kale, Group Chief Economist & Managing Director, Research at Afreximbank
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Source: Afreximbank |

African economies urged to invest in research for industrial transformation

While Africa accounts for less than 3% of global research output, it bears a disproportionately higher share of global challenges

African economies have been challenged to boost their investment in research to power the continent’s industrial transformation by accelerating development of homegrown innovations that reinforce autonomy, sustainability, and technological sovereignty. Speaking during the official launch of the African Research and Innovation Hub (ARIH) on the sidelines of the ongoing Intra-African…