The African Export-Import Bank (Afreximbank) has reaffirmed its dedication to supporting Africa’s development and energy needs while addressing climate change. The bank made this stance clear…
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BUA Industries Limited has announced that it obtained a $200 million corporate finance facility from the African Export-Import Bank (Afreximbank) to aid in its growth initiatives.…
The week-long Intra-African Trade Fair 2021 (IATF2021) ended on Sunday in South Africa’s Durban city with 36 billion U.S. dollars trade deals sealed. Managing Director of…
According to the report, the supply of trade finance was affected between the first quarter of 2020 due to the COVID-19 pandemic and the inherent tightening of financial conditions and the heightening balance of payment pressures and liquidity constraints.
This is coming as the continent seeks to eradicate COVID-19 by reaching at least, a minimum of 60 per cent immunisation of Africans.
Anatogu, who is also the Secretary of the National Action Committee on AfCFTA, spoke at an event recently saying Nigeria aims to use the continental trade agreement to prepare for a post-oil revenue.
Under the terms of the MoU, Afreximbank and AAAM will work together to enhance the emergence of regional value chains with a focus on value-added manufacturing created through partnerships between global original equipment manufacturers, suppliers, and local partners.
The African Export–Import Bank (Afreximbank) has disbursed $250 million as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per…
Mitsubishi UFJ Financial Group, Inc. (MUFG) and the African Export-Import Bank (Afreximbank) have closed a 520 million dollars facility to mitigate the impact of COVID-19 pandemic.…
The African Export-Import Bank (Afreximbank) says it recorded net income of $217.06 million for the nine months ended Sept. 30 in spite of the impact of…