Afreximbank, others unveil $1.5b facility to support food production
The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa...
Bank gets recognition for promoting intra-Africa trade
The Africa-America Institute (AAI), has awarded its 2020 International Institution of Excellence Award to the African Export-Import Bank (Afreximbank), for its commitment to the creation and implementation of the African Continental Free Trade Agreement (AfCFTA), and its ongoing dedication to investing in education. The Bank received the award during the Institute’s 36th Awards Gala,…
Reposition Afreximbank for post-COVID-19 prospects, economist tasks Oramah
President of African Export-Import Bank (Afrexim), Prof. Benedict Oramah, has been challenged to reposition the bank for post-COVID-19 economy. Political economist, Dr. Obiora Okonkwo, who gave the charge, said the COVID-19 global pandemic has deepened the need ....
ITFC, Afreximbank sign $200m pact to boost sub-Saharan Africa’s agric sector
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a $200 million syndicated financing agreement with the African Export-Import Bank (Afreximbank)
Africa’s economic recovery beyond rhetoric
At the second UBA Africa Day Conversations the other day, some African leaders in government, business, and multilateral institution spoke exhaustively about what Africa needs to do to recover quickly from the economic effects of COVID-19.
Global leaders chart path to Africa’s economic recovery post-COVID-19
With over 60 per cent of the African population living below the poverty line, and the Coronavirus (COVID-19) pandemic posing an existential threat to Africa’s economic growth, global leaders have convened to chart path to Africa’s economic recovery post-COVID-19.
Nigeria, others need domestic, continental value, supply chains
African leaders, including the African Union Commission, Afreximbank, AfroChampions and United Nations Economic Commission for Africa (UNECA), have called on Nigeria and other countries in the continent to address critical gaps in productive and manufacturing capacities...
AfCFTA could boost continental trade by $35b, says AFREXIMBank
The President/Chairman Board of Directors, African Export-Import Bank (AfrexinBank), Prof. Benedict Oramah, has argued that the African Continental Free...