Afreximbank

The African Export-Import Bank (Afreximbank) has signed a $250 million Murabaha agreement with International Islamic Trade Finance Corporation (ITFC) to support the African response to economic challenges posed by the ongoing geopolitical…

AFRICAN Export-Import Bank (Afreximbank) has announced the appointment of Ms Marlene Ngoyi as the Chief Executive Officer (CEO) of the Fund for Export-Development in Africa (FEDA), the bank’s development-oriented subsidiary. Mr Emmanuel…

African Export-Import Bank (Afreximbank) said it has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue to maintain foreign…

Professor Benedict Oramah, President of the African Export-Import Bank (Afreximbank), recently in Washington, D.C, received the 2019 2019 Man of the Year Award from Diaspora Today magazine and the African Diaspora Distinguished Leadership…

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.…