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Tag: Afreximbank

Afreximbank

Opinion

Elombi: When Preparation Meets Opportunity at Afreximbank

Apart from these initiatives, the pivotal role of Afreximbank during the COVID-19 pandemic in providing emergency crisis financing stands out…
Lagos

Business

Lagos partners Afreximbank, ImpactHER to train SMEs for Export success

Ambrose highlighted that the training is designed to equip businesses with the skills to overcome export challenges such as inadequate…
Afreximbank

Business

Afreximbank hits US$826.2 million Net Interest Income first half of 2024

Net Interest Income for first half of 2024 grew by 24.5% to US$826.2 million, compared to US$663.6 million for the…
Afreximbank

Business

Nigeria gets $945m oil-backed lifeline from Afreximbank

Afreximbank, in a statement Thursday said the disbursement brings the total current funded facility size to $3.175bn. Arranged and coordinated…
Afreximbank

Business

$43.7bn trade, investment deals sealed at IATF2023 – Afreximbank

Afreximbank, working with the African Union and other strategic partners, inaugurated the Intra-African Trade Fair in 2018 as a key…
Sanwo-Olu

Business

Lagos seals $1.35bn investment deal with Afreximbank, Access Bank

Sanwo-Olu said the $1.35 billion investment would facilitate five major infrastructure projects in the state.
NNPCL secures $3bn emergency crude repayment loan from Afreximbank

Business

NNPCL secures $3bn emergency crude oil repayment loan from Afreximbank

The deal will cushion the effect of fuel price jump and scarcity of forex, associated with the free float of…
Mr. Umar Ajiya, NNPC Executive Director (left) and Mr. Amr Kamel, Executive Vice President, Afreximbank (Right) at the signing of the loan

Business

Afreximbank grants $1.04B loan to NNPC

Afrexim President Benedict Oramah said the loan represented a balanced approach to development and climate, noting that Africa contributes just…
President Bola Tinubu confers national honour of Commander of the Order of the Federal Republic Benedict Oramah, President Afreximbank

Business

Afreximbank records $217m net income in 9 months

The African Export-Import Bank (Afreximbank) recorded net income of $217.06 million for the nine months ended Sept. 30 despite COVID-19…

Business

Keystone Bank, Afreximbank, others partner to promote African Creative Industry

Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender…

News

Afreximbank disburses £100m facility towards Africa’s integration

The African Export-Import Bank (Afreximbank), has disbursed 100 million Euros revolving global credit facility to Mota-Engil Africa company to enable…
, investment deals worth 43.7 billion dollars were sealed at the Intra-African Trade Fair (IATF2023) held in Egypt.

News

Africa accounts for only 15% of continent’s $1trn global trade – Afreximbank

The African Export-Import Bank (Afrexim Bank), says Africa accounts for only 15 per cent of the continent’s one trillion dollars…
Afreximbank

News

$850m Chinese banks’ funds will enhance African trade – Afreximbank

The African Export-Import Bank (Afreximbank) says the 850 million dollars donated to it by two Chinese financial institutions will enable…
Afreximbank

News

Afreximbank unveils programme to aid African banks

The African Export-Import Bank (Afreximbank) says it has set up a trade finance facilitation programme to mitigate the stringent compliance…

News

Dangote signs $650 million loan facility with Afreximbank

Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his…

Entertainment

Afreximbank concert: Davido, Mindelo Carnival troupe thrill fans

Sensational Nigerian singer Davido and the legendary Mindelo Carnival troupe of Cape Verde, on Thursday night, thrilled fans at a…
Afreximbank

News

Afreximbank, ECIC launch $1 billion programme

The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC) have launched a…
Afreximbank

News

Afreximbank to support Kaduna State

The African Export-Import Bank (Afreximbank) says it will support Kaduna State in the export of textile products to quicken economic…
Afreximbank

News

Afreximbank urges private sector to manufacture goods for AfCFTA benefits

The African Export-Import Bank (Afreximbank) has urged the private sector in the continent to manufacture goods that would fit into…
, investment deals worth 43.7 billion dollars were sealed at the Intra-African Trade Fair (IATF2023) held in Egypt.

News

AU, Afreximbank maiden trade fair expected to generate $70b in trade deals

The African Export-Import Bank (Afreximbank) has signed a hosting agreement with the African Union (AU) and Egypt for Intra-African Trade…
Afreximbank

News

Afreximbank grants $200m financing facility to Arab Contractors

The African Export-Import Bank (Afreximbank) says it has granted Egyptian construction conglomerate, The Arab Contractors (Osman Ahmed Osman & Company)…

Business

Nigeria biggest beneficiary from Afreximbank’s loans, projects

Nigeria is the biggest beneficiary from Afrexiimexbank’s loans and projects, the bank’s President, Mr Jean-Louis Ekra, has said. Ekra disclosed…
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