Afrexim Bank Okays $2bn For COVID-19 Vaccines For Nigeria, Others       The Board of Directors of the African Export-Import Bank (Afrexim) has approved $2 billion to support the purchase of 270 million doses of COVID-19 vaccines for African countries, including Nigeria. President of the bank, Prof. Benedict...

Afreximbank Unveils $3m COVID-19 Grant For African Countries   The African Export-Import Bank (Afreximbank) has announced a $3 million grant to complement efforts to combat the COVID-19 pandemic across African countries. Afreximbank President, Prof. Benedict Oramah, who made the announcement in Cairo, recently, said the fund was...

Afreximbank Shareholders Invest $500m In New Equity   The African Export-Import Bank (Afreximbank) has announced that existing shareholders have invested $500 in new equity to strengthen it. A statement released by the bank yesterday indicated that the shareholders, including the Federal Republic of Nigeria and the Arab...

Afrexim Bank To Establish Quality Centre In Imo   The Imo State Governor, Emeka Ihedioha, has presented a Certificate of Occupancy to the African Export-Import Bank for it to build a business hub, the Africa Quality Assurance Centre in the state. A statement issued by the Chief...

Afreximbank: Russia-Africa Trade His $20bn   Trade between Africa and Russia has doubled to about $20bn as against $10bn in the past three years, the Africa Export Import Bank (Afreximbank), has said. Afreximbank’s Director and Global Head of Communications and Events Management, Obi Emekekwu, quoted the bank’s...

Afreximbank Introduces Cotton Initiative     The African Export-Import Bank (Afreximbank) is developing an African Cotton Initiative (AFRICOTIN) to help to catalyse the cotton sector in the continent. The Managing Director of the Bank’s Intra-African Trade Initiative, Kanayo Awani, announced this recently. Speaking during the launch of the...