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 Disburses $15bn For Intra-African trade   The African Export-Import Bank (Afreximbank), said it has already disbursed $15 billion out of the $25 billion it committed in support of intra-African trade, under its current five-year strategic plan. The region’s multilateral financial institution devoted to financing and promoting...

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...

DFI’s Facilitation Drives Trade Volume Between Africa, Russia To $20bn   Trade between Africa and Russia has doubled in the years since the African Export-Import Bank (Afreximbank), started engaging with the Russian Export Centre, to promote trade between the two countries, Bank President Prof. Benedict Oramah,...