The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its US$30 billion funding of the energy sector in Africa. The Afreximbank said it has been able to make modest contributions…
The African Export-Import Bank and the United Bank for Africa have disbursed $2.25 billion of the $3.3 billion oil-for-cash loan facility arranged by the Nigerian National Petroleum Company Limited. In a statement from UBA over the weekend, an initial disbursement…
Oyo state has signed an agreement withAfreximBank and Access Bank to enable Oyo State and other states in Nigeria have access to a N500 billion facility for infrastructure development. This is as Governor assured Foreign and local investors desirous of investing in…
Ogun State is to benefit from a N500 billion financial support being packaged by the African Export-Import Bank (Afreximbank) in conjunction with Access Bank. The Gateway state is to benefit from the fund along with three other states in the…
The African Export-Import Bank (Afreximbank) says it is set to inaugurate the African Energy Bank in June 2024 to mitigate the crisis in the African energy sector. The bank disclosed this during a session on “Africa’s Energy Transition and Financing,”…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has received a trade finance facility worth $150million from the African Export-Import Bank The facility forms part of Afreximbank’s Ukraine Crisis Adjustment Trade Financing Programme for Africa (AKAFPA), and the signing…
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…
