Afreximbank

African Export-Import Bank (Afrexim Bank) in Malabo on Tuesday received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank.…

Afreximbank, Nigerian Export Promotion Council (NEPC), and Nigerian Export-Import Bank (NEXIM) signed a memorandum of understanding (MOU) on $1billion facility for Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) at the…

THE African Export-Import Bank (Afreximbank) says Africa needs structured finance for effective financial trade to overcome uncertainty and economic difficulty to boost trade in the continent.The bank’s President, Mr Benedict Oramah,…

THE African Export-Import Bank (Afreximbank) says the 850 million dollars donated to it by two Chinese financial institutions will enable the bank to expand its support to African businesses.Mr Obi Emekekwue, head of Media, Afreximbank,…

THE African Export-Import Bank (Afreximbank) says it has set up a trade finance facilitation programme to mitigate the stringent compliance and regulatory requirements imposed by international banks on African banks for trade confirmation…

AT the groundbreaking ceremony of Regional Office of the African Export-Import Bank in Abuja on Tuesday, Minister of Finance, Mrs Kemi Adeosun disclosed that 40 per cent of the total loan portfolio of the bank are to Nigerians.…

THE Bank of Industry (BoI) says the 750 billion dollars loan facility by the African Export-Import Bank (Afreximbank) will be used to fill the funding gap in Nigeria’s industrial sector.The bank’s Managing Director/Chief Executive…

THE African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) have launched a 1 billion dollar financing programme to expand trade and investments between South Africa and the…

AFRICAN Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) Tuesday launched a $1 billion financing programme to promote and expand trade and investments between South Africa and…

THE African Export-Import Bank (Afreximbank) approved financing amounting to $17 billion for Nigerian entities between its commencement of operations in 1994 and last December, Bank President Dr Benedict Oramah has said.Oramah, who…