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Afreximbank

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    • L-R: Mr. Ian Saunders, Secretary General of the World Customs Organization (WCO), Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank, and Mr. Bashir Adewale Adeniyi, Comptroller-General of Nigeria Customs Service
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Source: Afreximbank |

Nigeria urged to champion regional transit guarantee scheme in Economic Community of West African States (ECOWAS)

Under the Afreximbank African Collaborative Transit Guarantee Scheme, a single transit bond is issued to secure customs duties, significantly reducing bureaucratic hurdles and facilitating smoother cross-border trade

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has urged Nigeria to champion the implementation of an effective regional transit guarantee scheme under the new transit regulation endorsed by the Economic Community of West African States (ECOWAS). Delivering a keynote address at the inaugural session of the Customs Partnership for African Cooperation in…

Afreximbank
Source: Afreximbank |

Afreximbank delivers solid, steady performance for the nine months ended 30 September 2025

During the period, the total assets and contingencies rose by 6.98% to US$42.9 billion, up from US$40.1 billion as at 31 December 2024 (FY’2024)

African Export-Import Bank (Afreximbank or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) delivered solid results for the nine months period ended 30 September 2025, underscoring its continued financial resilience. During the period, the total assets and contingencies rose by 6.98% to US$42.9 billion, up from US$40.1 billion as at…

Afreximbank

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    • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment
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Source: Afreximbank |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment

Through the cooperation, ICIEC and Afreximbank will align their strategic decision-support tools, developing synergies to better serve public- and private-sector actors across their respective networks

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and African Export‑Import Bank (Afreximbank) (www.Afreximbank.com) are pleased to announce the signing of a memorandum of understanding (MoU) to strengthen their cooperation in promoting trade and…

Afreximbank

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    • Afreximbank calls for Africa’s Sustainable Development and Industrialisation, Just Energy Transition at United Nations Climate Change Conference (COP30) (1)
    • Afreximbank calls for Africa’s Sustainable Development and Industrialisation, Just Energy Transition at United Nations Climate Change Conference (COP30) (2)
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Source: Afreximbank |

Afreximbank calls for Africa’s Sustainable Development and Industrialisation, Just Energy Transition at United Nations Climate Change Conference (COP30)

Afreximbank’s engagements are anchored on the core principles of the AU Agenda 2063: The Africa We Want, and emphasizes the critical role of the African Continental Free Trade Area (AfCFTA) in building climate-resilient economies

At the ongoing 2025 United Nations Climate Change Conference (COP30) in Belem, Brazil, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is strategically advocating for a climate agenda that aligns with Africa’s sustainable development and industrialisation ambitions as outlined by its President, Dr. George Elombi.   The Bank’s delegation is advocating for a pan-African…

Afreximbank
Source: Afreximbank |

The Fund for Export Development in Africa (FEDA) Announces Landmark Investment in Africa Minerals and Metals Processing Platform (A2MP) to Drive Africa’s Mining and Industrial Transformation

This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring the continent’s vast mineral wealth becomes a catalyst for sustainable economic growth rather than a source of continued resource dependency

The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), is pleased to announce a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP). This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring…

Afreximbank
Source: Afreximbank |

Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition

Founded in 2022, Spiro operates Africa’s most extensive and fastest growing battery-swapping network, with more than 60,000 electric motorcycles and 1,200 swapping stations

The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank’s broader…

Afreximbank

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    • L-R: Engineer Sameh Soliman, Chairman of SAMCO, with Mrs. Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade and Export Development after signing the financing agreement for the construction of Akii Bua Olympic Stadium (Uganda)
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Source: Afreximbank |

Afreximbank extends $36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for stadium project in Uganda

The project will help consolidate SAMCO’s position as a leading African contractor capable of executing large-scale, government-backed projects across the continent

African Export-import Bank (Afreximbank) (www.Afreximbank.com) has extended a US$ 36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Uganda. The Akii Bua Olympic Stadium, located in Lira, Uganda, is expected to host some of the 2027 Africa Cup of…

Afreximbank

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    • Ms Gwen Mwaba, Managing Director, Trade Finance and Correspondent Banking at Afreximbank
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Source: Afreximbank |

Afreximbank’s Calls for Stronger Trade Finance Capabilities to Accelerate Inclusive Growth across Africa

The Afreximbank Trade Finance Seminar will explore key themes shaping the future of trade finance in Africa, including the role of digitalisation, data, technology and transparency

Speaking at the opening of the 25th Afreximbank Trade Finance Seminar (ATFS) in Abidjan, Ms Gwen Mwaba, Managing Director for Trade Finance and Correspondent Banking at Afreximbank (www.Afreximbank.com), called for stronger trade finance capabilities and deeper collaboration among African financial institutions to accelerate inclusive and sustainable growth across the continent. …

Afreximbank

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    • Dr. George Elombi, New President and Chairman of Board of Directors, Afreximbank
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Source: Afreximbank |

Dr. George Elombi takes over as Afreximbank’s fourth President, pledges deeper impact

President Elombi announced that, over the next five to ten years, he would prioritise sectors he believed would have the most significant and sustained impact on Africa’s trade and wellbeing

African Export-import Bank (Afreximbank) (www.Afreximbank.com) on Saturday in Cairo, Egypt, swore in Dr. George Elombi as the Bank’s fourth President and Chairman of the Board of Directors, taking over from Prof. Benedict Oramah as head of the African Multilateral Finance Institution. Formalised with an oath administered by Mr. Wale Edun,…

Afreximbank

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    • Prof Benedict Oramah, Outgoing President and Chairman of the Board of Directors of Afreximbank
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Source: Afreximbank |

African Export-Import Bank (Afreximbank) Celebrates Outgoing President and Chairman

The legacy conference also featured tributes delivered by Afreximbank staff, members of the business community, political leaders, friends and other people from various walks of life who were impacted by the work of Prof. Oramah

African Export-import Bank (Afreximbank) (www.Afreximbank.com) in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board of Directors, with a legacy conference where the outgoing President announced that he made the promotion of intra-African trade and investment the arrowhead…