In 9months Afreximbank Rakes In $546.6m   The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the nine months ended September 30, 2018, showing strong financial and operational performance. The Bank recorded gross income of $546.6 million, which was a 14.3 per cent increase...

Afreximbank, AfDB Propose $.5m To 20 Factoring Firms   Emerging factoring companies in the continent would have increased financing opportunities with a new $500,000 grant scheme pioneered by Africa’s two major multilateral lenders. The African Export-Import Bank (Afreximbank) would now tap into the African Private Sector Assistance...

Afreximbank Okays $17bn Loans For Nigeria The African Export-Import Bank has said it approved $17bn loans for Nigerian entities between its commencement of operations in 1994 and December last year. The President, Afreximbank, Dr. Benedict Oramah, was quoted in a statement to have said this during...

Infrastructure, Afreximbank Targets $1.5bn Financing For Trade The African Export-Import Bank (Afreximbank) will attract $1.5 billion to Mauritania to finance development of trade and related infrastructure under the terms of a memorandum of understanding signed with the country recently, the Bank’s President, Benedict Oramah has...

The sum of $400 million has been pledged by African Export-Import Bank (Afreximbank) to finance and promote trade between African countries and Belarus. A statement by Afreximbank quoted its President, Dr Benedict Oramah, as announcing the pledge when he met with Belarus officials and bankers...