…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…
The Afreximbank Academy (AFRA CAD), has announced the opening of registration for the 2023 cohort of the Certificate of Trade Finance in Africa (COTFIA). This is contained in a statement signed by Afreximbank’s Media Contact, Amadou Sall on Tuesday in Abuja.…
The African Export-Import Bank (Afreximbank) and U.S. Eximbank have signed $500m Memorandum of Understanding (MoU) to boost trade and investment, especially to help revive and strengthen African airlines through re-fleeting. President and Chairman of the Board of Directors of Afreximbank,…
African Export-Import Bank (Afreximbank), has pledged to support Africa to bridge the US$ 250 billion climate finance gap in collaboration with other African financial institutions. Denys Denya, Afreximbank’s Executive Vice-President, Finance, Administration and Banking Services, said this in a statement…
African Export-Import Bank (Afreximbank) has inaugurated the Afreximbank Trade Payment Services or “AfPAY.” AfPAY is an intervention designed to facilitate the settlement of international trade on open account terms on behalf of identified African financial institutions and their clients. A…
