The Afreximbank has signed a 150 million dollar trade finance facility agreement with United Bank for Africa (UBA) PLC, under the Ukraine Crisis Adjustment Trade Financing Programme for Africa.The agreement was signed on the sidelines of the ongoing Intra-African Trade…
The Africa Export-Import Bank (Afreximbank) has signed financial advisory mandates worth two hundred million dollars ($200m), with the Anambra State Investment Promotion and Protection Agency. This was contained in a press statement issued by Mr Christian Aburime, the Press Secretary…
Lagos State Governor, Babajide Sanwo-Olu, has struck a partnership deal with the African Export-Import Bank and Access Bank to finance long-term infrastructure projects in the State. The collaboration inked at the Africaribbean Trade and Investment Forum 2023 in Guyana focuses…
Afreximbank and the Anambra State Government have inked a Memorandum of Understanding (MoU) to establish bankability for key projects, including the Ikenga Mixed-Use Industrial City, the Anambra Export Emporium and the Akwaihedi Unubi Uga Automotive Industrial Park. Under the terms…
…Loan aimed at strengthening naira, reducing fuel costs – NNPCL …Dubious tactic to make naira appreciate in parallel market – Atiku’s aide …De-institutionalize parallel market to stabilize Fx – NECA to FG Reactions have trailed the $3billion loan facility obtained…
The African Export-Import Bank’s (Afreximbank), 2023 edition of the African Trade Report (ATR2023) was launched at the Bank’s Annual Meeting – AAM2023 and 30th Anniversary celebrations in Accra, Ghana. Speaking during the launch, the President and Chairman of the Board…
The Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote has won the Afreximbank Founder of the Year Award at the Pan-African Business and Development Awards. A statement issued by Brandcomms Agency in Abuja on Tuesday said the inaugural award ceremony…
The African Export-Import Bank (Afreximbank) has launched its insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and commerce sector in…
President/Chairman, Board of Directors of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has proposed creation of a Domestic Financial System that would allow Africa develop, prosper and earn respect. He made the proposal at the Chartered Institute of Bankers of Nigeria…
Nigeria’s Parallex Bank Ltd. has received $10 million trade finance facility from the African Export-Import Bank (Afreximbank) for Small and Medium-sized Enterprises (SMEs). The Managing Director/Chief Executive Officer, Parallex Bank, Dr Femi Bakre said this in a statement on Wednesday…
