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Afreximbank to support Africa’s export fund with $200 million

The African Export-Import Bank (Afreximbank) has disclosed plans to commit $200 million to support the Fund for Export Development in Africa (FEDA) which is...

BoI Gets $1 Billion Loan to Help Businesses

Nigeria’s Bank of Industry has concluded a $1 billion three-year syndicated loan to support businesses and revitalize the industrial sector in the country. “The deal...

Intra-Africa trade key to cushioning the blow of trade tensions and...

Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s Global trade expected to contract by 9.2% this year,...

Afreximbank, ITFC, BADEA launch $1.5bn Facility to Support African Recovery amid...

COPREFA will be accessed by eligible central banks, commercial banks and businesses to finance the import of medical supplies as well as agricultural equipment The...

Afreximbank and ITFC Partner ARSO to Facilitate Intra-African Trade in Pharmaceuticals...

The new initiative aims to harmonise African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade, reducing substandard counterfeit products, and building resilient...

Afreximbank Disburses US$200 Million to Zenith Bank for Critical Imports

The African Export-Import Bank (Afreximbank), has disbursed $200 million to Zenith Bank Plc Nigeria, in a bid to support critical imports under emergency conditions,...

European Investment Bank and Afreximbank direct EUR 300m of support to...

Accelerated EIB financing under Team Europe initiative; Over 25% of funds dedicated to women in business and climate action; Pan-African rapid response to alleviate...

ITFC, AfreximBank to boost Africa’s agric sector through $200m pact

To help African countries address some of the economic impacts of the COVID-19 pandemic, The International Islamic Trade Finance Corporation (ITFC), a member of...

Afreximbank collaborates with ITC to train Entrepreneurs and Small Business owners

African Export-Import Bank (Afreximbank) will be partnering with International Trade Centre (ITC) to organize a training that will give business owners the knowledge and...