Africa’s private sector raises concern over global trade, calls for WTO reform
President, African Export-Import Bank, Prof. Benedict Oramah, has stated that agricultural subsidies provided by developed economies have continued to confine Africa to the bottom of global value chains.
Afreximbank disburses $200 million to Zenith Bank Nigeria
African Export-Import Bank (Afreximbank), has disbursed $200 million to Nigeria’s Zenith Bank Plc under its Pandemic Trade Impact Mitigation Facility (PATIMFA).
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 ....
Nigeria’s Oramah re-elected Afreximbank president
Shareholders of the African Export-Import Bank (Afreximbank) yesterday re-elected a Nigerian, Prof. Benedict Oramah, as president of the Pan-African multilateral financial institution for a second term of five years.
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.
Afreximbank offers $500 million funding for region’s creative sector
The African Export-Import Bank (Afreximbank) has offered a $500-million envelope to support the production and trade of African cultural and creative products over the next two years.
Afreximbank disburses $15 billion for intra-African trade
The African Export-Import Bank (Afreximbank), said it has already disbursed $15 billion out of the $25 billion it committed in support of intra-African trade, under its current five-year strategic plan.
Afreximbank, UN chief task African leaders on manufacturing, trade
Amid efforts to get the African Continental Free Trade Agreement (AfCFTA) take off effectively, African Export-Import Bank (Afreximbank), has urged the continent’s leaders to create vehicles..
Pondering the AfCFTA effects on economy, jobs
Some of the fears regarding the African Continental Free Trade Area (AfCFTA) agreement stemmed from arguments about Nigeria becoming a dumping...
Afreximbank's $1b adjustment facility for AfCFTA debuts
Following the official take off of the African Continental Free Trade Area (AfCFTA) last weekend, the region's largest trade bank - African Export-Import Bank (Afreximbank), has unveiled a $1billion financing tagged: "AfCFTA Adjustment Facility".