AFREXIMBANK
South Africa has joined Afreximbank, unveiling a US$8bn Country Programme to drive industrial growth, boost intra-African trade, and strengthen economic integration.
AFREXIMBANK
Afreximbank reports solid performance for the nine months ended 30 September 2025, with total assets and contingencies rising 6.98% to US$42.9 billion. The Bank delivered strong liquidity, robust capital buffers, and growing net income amid improved early loan repayments and strategic capital mobilization.
AFREXIMBANK
The African Export-Import Bank (Afreximbank) honoured outgoing President Prof. Benedict Oramah with a legacy conference in Cairo, celebrating a decade of transformative leadership that expanded the Bank’s assets eightfold and deepened intra-African trade through landmark initiatives like PAPSS and the AfCFTA Adjustment Fund.
AFREXIMBANK
ALGIERS, Algeria, September 23, 2025 The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in […]
AFRICA
Algiers, Algeria, 11 September 2025: – The fourth Intra-African Trade Fair (IATF2023), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from 132 countries. […]
AFRICA
At IATF 2025, Oakwood Green CEO Gabriel Edgal calls for a Pan-African Currency Protocol to cut dollar dependence and boost intra-African trade.
AFRICA
Grenada — July 29, 2025 Prof. Benedict Oramah, President of Afreximbank, has called on African and Caribbean nations to urgently build direct sea and air transport links to unlock the immense trade potential between the two regions—estimated at over $1 billion annually. Speaking during a high-level infrastructure panel at the 4th AfriCaribbean Trade and Investment Forum […]
ECONOMY
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 […]
AFRICA
Africa’s economies are once again at the center of global trade discussions, but not for the reasons most would hope. According to the recently released African Trade Report 2025 by Afreximbank, the continent faces a staggering trade finance gap of over $100 billion annually—a persistent structural constraint that threatens to undermine Africa’s industrial ambitions, job creation efforts, and […]
AFRICA
Abuja, Nigeria — June 25, 2025 At the opening of the 32nd Annual Meetings of the African Export-Import Bank (Afreximbank), leaders and experts emphasized that the African Continental Free Trade Area (AfCFTA) is now the continent’s most ambitious and transformative economic reform. Delivering his keynote at the Transcorp Hilton in Abuja, AfCFTA Secretary General Wamkele […]