Latest in Tag: The African Export-Import Bank Highlight
Latest in Tag: The African Export-Import Bank

IATF 2020 postponed due to COVID-19
IATF 2020 Advisory Council to also postpone third edition of IATF from 2022 to 2023

Afreximbank plans to inject $1bn into Egypt in 2018
CBE repaid all $3.7bn loans received from Afreximbank, says bank’s executive vice president

Afreximbank provides total of $17.5bn credit facilitates to Egypt since 90s
No single African country exports more than 1% to Egypt, says Awani

AFREXIMBANK plans to increase its capital to $400m during 2017
The African Export–Import Bank (AFREXIMBANK) aims to increase its capital by $300-400m in 2017. The bank’s Manager, Banking Operations, Heba Aboul Ezz, noted that the bank’s capital was at $1.63bn in December 2016. She said that Egypt is a key partner in the bank, along with Egyptian banks, including the National Bank of Egypt, Banque …

Afreximbank lends ETHYDCO $75m facility to support its expansion
The facility is dedicated to building an ethylene factory and natural gas power plant

Afreximbank launches strategy to grow intra-African trade by 50% by 2021
The strategy would allow the expansion of domestic trade value chains, strengthening the capacity of African economies, says Afreximbank president

Afreximbank puts annual financing to African businesses at $15bn
Bank’s financial support to Egypt includes a $500m facility to help Egyptian importers

Egypt committed to reforms, sustainable stability, growth: Afreximbank Chairman
Bank earmarked between $50-100m as initial funding for local banks and factoring companies, says Oramah

Afreximbank allocates $3.5bn to address Africa’s trade finance liquidity shortage
The programme will make funded facilities available to enable countries to fulfil obligations

Afreximbank closes syndicated loan worth $525m for EEHC
Facility will be used to import gas turbines and other related equipment supplied by General Electric