Afreximbank Names Seven Nigerian Banks As Trade Finance Intermediaries       Seven Nigerian banks have been named Trade Finance Intermediaries of the African Export-Import Bank to enable a smoother delivery of its initiatives and credit solutions in Nigeria. A statement issued by the bank on Tuesday said the...

Afreximbank Grows Assets To $19bn       African Export-Import Bank (Afreximbank) grew its total assets to $19.33 billion as at 30 September 2020, up 34% from $14.44 billion as at the end of last year. This was contained in the bank’s unaudited financial statements released on Monday with...

Afreximbank, Others Unveil $1.5bn Facility To Support Food Production         The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the Islamic Development Bank (IsDB) Group; and the Arab Bank For Economic Development in Africa (BADEA),...

Afreximbank Records $217.06m In 9 Months       African Export-Import Bank (Afreximbank), yesterday in Cairo, Egypt, released its unaudited financial statements for the nine months ended 30 September 2020. Notwithstanding the impact of the pandemic, the Bank recorded net income amounting to $217.06 million compared to the...

Afreximbank, others inaugurate $1.5 bn facility to tackle African COVID-19 Impact  The African Export-Import Bank (Afreximbank) has inaugurated a 1.5 billion dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African economies with rapid financial assistance to reduce the impact of COVID-19. Afreximbank and its collaborators in Cairo,...

Stanbic IBTC Establishes N300bn Bond Programme For Afreximbank   Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings Plc has established a N300 billion Domestic Bond Programme for the African Export-Import Bank (Afreximbank). The signing ceremony, which marked the official kick-off of the initiative...