Dr. Benedict Oramah
Developing economic zones to fast-track industrialisation
Major Development Finance Institutions (DFIs) locally and the continent’s largest trade bank- Africa Export-Import Bank, were recently spotted in Abuja, committing to funding the development of Nigeria’s special economic zones. Already, in Abia State, the Enyimba Economic City project has taken off. Indeed, the accelerated pre-development work had been carried out by a multi-disciplinary team…
U.S. varsity honours Afreximbank chief
The President of the African Export-Import Bank (Afreximbank), Dr. Benedict Oramah received the Leadership Award of New York University’s (NYU) Africa House. Prof. Yaw Nyarko, Director of the Africa House, presented the award to him during the institute’s biennial gala in New York. He said that Dr. Oramah was chosen because of his outstanding contributions…
$120b trade finance gap opens opportunities for banks
African banks must step up their acts to take opportunities that are now opened in the estimated $120 billion trade finance gap, African Export-Import Bank (Afreximbank) has said.
Afreximbank to lead $1b trade, infrastructure support in Togo
The African Export-Import Bank (Afreximbank) will attract up to $1 billion in financing and investments to support trade activities and infrastructure development- industrial parks and logistics facilities, in Togo.
AfreximBank grows loan to $6.1b, NPLs fall to 2.8%
Africa Export-Import Bank (AfreximBank), like regular lending institutions, has recorded a huge growth in its loan portfolio to $6.1 billion from what in the financial year ended December 2015.