NNPC, Afrexim Bank Open Talks On Financing Refineries’ Repair   The Nigerian National Petroleum Corporation (NNPC) has commenced talks with the African Export and Import Bank (Afrexim Bank) on funding of the repair of the country’s refineries in Warri, Kaduna and Port Harcourt. This is just as...

Zamfara, Afrexim bank Sign $1bn Pact For Infrastructure Funding The Zamfara State Government and African Export Import Bank (Afreximbank) at the weekend in Abuja signed a $1bn Memorandum of Understanding (MoU) for mining, agriculture, water resources and other infrastructural development in the state. Zamfara Zamfara...

Afreximbank Targets $40bn Deals The organisers of the Second Intra-African Trade Fair (IATF2020) expect it to surpass the achievements of the inaugural trade fair held in Cairo in 2018 by attracting 10,000 participants and generating intra-African trade and investment deals worth more than $40 billion,...

15% Of Continent's $1trn Trade Comes From Africa Accounts   The African Export-Import Bank (Afrexim Bank) has said that Africa accounts for only 15 per cent of the continent’s $1trn total trade in the world per year. Speaking to journalists at the sideline of the 18th edition...

Afreximbank Pledges To Boost Africa’s Aviation Infrastructure   As part of efforts to improve the air transport infrastructure in Africa the African Export Import Bank (Afreximbank) and the Russian Export Center (REC), recently embarked on a series roadshow to raise the profile of cutting-edge Russian aircraft...

Intra-African Trade: Afreximbank Pledges $25bn   The African Export-Import Bank (Afreximbank) will disburse about $25 billion in support of intra-African trade for five years ending in 2021 under an Intra-African Trade Strategy, which it launched in 2016 in anticipation of the African Continental Free Trade Area...