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.
April 22, 2021
This is coming as the continent seeks to eradicate COVID-19 by reaching at least, a minimum of 60 per cent immunisation of Africans.
March 29, 2021
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.
March 23, 2021
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.
February 18, 2021
The African Export–Import Bank (Afreximbank) has disbursed $250 million as part of its support for Trans Niger Oil…
January 28, 2021
Mitsubishi UFJ Financial Group, Inc. (MUFG) and the African Export-Import Bank (Afreximbank) have closed a 520 million dollars…
December 15, 2020
The African Export-Import Bank (Afreximbank) says it recorded net income of $217.06 million for the nine months ended…
November 17, 2020
“COPREFA is designed to support African economies to overcome myriads of challenges including commodity price shocks, a significant drop in tourism and disruption to supply chains and export manufacturing.”
November 6, 2020
Since the revitalized peace deal to end over six years of conflict was signed in 2018, the South Sudanese Pound (SSP) increasingly depreciate against the U.S. dollar as the country’s economy struggles with hyperinflation.
September 30, 2020