Afreximbank, APPO Launch African Energy Bank in Angola

The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organization (APPO), who have had a long, mutually beneficial relationship, have signed an agreement for the joint establishment of an African Energy Bank (www.EnergyChamber.org) at the 8th African Petroleum Congress and Exhibition (CAPE VIII) in Luanda, Angola. All parties involved in the signing – Rene Awambeng,…

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PAPSS, BUNA sign MOU on payment gateway between Africa, Arab region

The Pan-African Payment and Settlement System (PAPSS) operated by African Export-Import Bank (Afreximbank) in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, announced today the signing of a Memorandum of Understanding (MoU) with BUNA, the cross-border and multi-currency payment system owned by the Arab Monetary Fund (AMF).   Interoperability among payment systems, as…

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Afreximbank Holds Trade Finance Training for Zimbabwean Banks

The African Export-Import Bank (Afreximbank) has delivered a training programme for Zimbabwean banks in an effort to enhance their technical skills in trade finance. The documentary trade finance training, held in Harare from 24 to 29 March, attracted 44 participants from 15 commercial banks, one non-bank financial institution and the Reserve Bank of Zimbabwe. The…

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Afreximbank Tops Bloomberg 2019 Book Running League Table

The African Export-Import Bank (Afreximbank) has emerged on top of the Bloomberg 2019 Africa Capital Markets League Tables as the leading Bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top Bookrunner for Africa Borrower Loans, ahead of Mitsubishi UFJ Financial Group Inc. and Standard…

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EU Bank extends EUR 100m credit to Afreximbank, on the margins of AU-EU Summit in Abidjan

Abidjan, 29 November, 2017: The African Export-Import Bank (Afreximbank) and the European Investment Bank (EIB) today in Abidjan, on the margins of the African Union-European Union Summit, entered into a line of credit agreement amounting to EUR 100 million, granted by EIB to Afreximbank. This facility is aimed at financing trade-related long-term productive investments by private…

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