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African Social Security Association Partners Africa Finance Corporation (AFC) to Unlock $1.17tn in National Savings for Infrastructure

ABIDJAN, Ivory Coast, September 23, 2025/ — The African Development Bank Group (AfDB) (www.AfDB.org) has concluded a four-day workshop in Kinshasa to strengthen project management and improve the performance of Bank-financed operations in the Democratic Republic of Congo (DRC). Organised from 8 to 11 September 2025 by the African Development Institute and the Bank’s fiduciary […]

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Afreximbank Appoints Dr. George Elombi as Next President

Abuja, Nigeria, 28 June 2025 – The shareholders of the African Export-Import Bank (Afreximbank) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its establishment in 1993. His appointment was one of the key […]

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Kagame Urges African Leaders to Accelerate Self-Reliance

President Paul Kagame has urged African nations to prioritize self-reliance and resilience in the face of diminishing external aid. He emphasized the critical need for Africa to become economically independent, particularly in light of recent reductions in international assistance. Speaking at the Presidential Panel during the Africa CEO Forum, Kagame highlighted that Africa cannot continually […]

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Oakwood Green Africa, Afreximbank, and Liberia’s Ministry of Commerce & Industry to Host 2025 IATF Roadshow to Strengthen Intra-Africa Trade

Monrovia, Liberia – February 20, 2025 Oakwood Green Africa, in collaboration with the Intra-Africa Trade Fair (IATF) Secretariat of the African Export-Import Bank (Afreximbank) and in partnership with the Ministry of Commerce & Industry, Ministry of Finance & Development Planning, and the National Investment Commission, announce the 2025 IATF Stakeholder & Business Engagement Session, scheduled […]

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Afreximbank Academy to Host Training Programme on AfCFTA Benefits

Afreximbank Academy to Host Training Programme on AfCFTA Benefits Date: 10 July 2024 The African Export-Import Bank (Afreximbank) is set to launch a capacity development program to empower African corporates to leverage the African Continental Free Trade Area (AfCFTA). The initiative, led by the Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, will equip […]

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Building a Future: The Role of Education in African Trade Development – Highlights from the African Trade Report 2024

The African Trade Report 2024, published by the African Export-Import Bank (Afreximbank), highlights the integral role of education in the continent’s trade development. The report provides a comprehensive analysis of how educational improvements can drive economic growth, enhance trade efficiency, and support the implementation of the African Continental Free Trade Area (AfCFTA). It underscores the […]

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Ethiopia Ranks as Africa’s Fifth Largest Economy in 2024

In the ever-evolving world, the art of forging genuine connections remains timeless. Whether it’s with colleagues, clients, or partners, establishing a genuine rapport paves the way for collaborative success.

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Afreximbank Disburses USD 40 Million to Support Fidelity Bank’s Acquisition of Union Bank UK

Afreximbank has announced the disbursement of USD 40 million to support Fidelity Bank’s acquisition of Union Bank UK. This strategic investment underscores Afreximbank’s commitment to strengthening the African banking sector by facilitating significant cross-border transactions. Overview of the Acquisition Fidelity Bank’s acquisition of Union Bank UK represents a major milestone in the bank’s expansion strategy. […]

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USD 94 Million Syndicated Senior Debt Facility Agreement Signed for Takoradi Floating Dock Project

The African Export-Import Bank (Afreximbank) has successfully signed a USD 94 million syndicated senior debt facility agreement to finance the Takoradi Floating Dock project in Ghana. This landmark agreement marks a significant step in enhancing Ghana’s maritime infrastructure, ensuring the country can meet the growing demands of its shipping industry. Project Overview The Takoradi Floating […]

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