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
Ghana’s Ministry of Finance and Afreximbank announce the successful resolution of a US$750 million facility signed in 2022, clearing the way for continued development cooperation.
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.
AFDB
ABIDJAN, Ivory Coast, September 27, 2025 — The African Development Bank Group (AfDB) has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited, aimed at unlocking and de-risking trade deals for small and medium-sized enterprises (SMEs) and corporates. The facility will provide up to 100% guarantees to international confirming banks against risks of […]
AFRICA
Abuja, Nigeria | 30 June 2025 – Africa has taken a historic leap toward financial sovereignty and payment independence with the official launch of PAPSSCARD, the continent’s first pan-African card scheme. The launch took place on 27 June 2025, during the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, and is seen as a transformational milestone in Africa’s long-standing quest for intra-African financial integration. […]
ECONOMY
In a move to reduce Africa’s reliance on imported refined petroleum products, which cost the continent an estimated US$30 billion annually due to insufficient refining capacity, the African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme. This initiative will finance the purchase of refined petroleum products by African and […]
BUSINESS
Cairo, Egypt, 29th April 2025 – The African Export-Import Bank (Afreximbank) has officially unveiled the Afreximbank Accelerator Program, a transformative three-month initiative designed to empower African entrepreneurs developing innovative solutions to enhance intra-African trade. The Accelerator Program is seeking visionary founders with scalable technologies addressing critical challenges in cross-border payments, trade finance, and digital commerce […]
BUSINESS
The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia operating as Bloom Bank Africa. These institutions function as full-service commercial […]