Afreximbank

Afreximbank finalised arrangements for a facility of $250 million with the ITFC and $100 million with the ICD.

Nigeria is set to receive a $1 billion loan from the African Export-Import Bank (Afreximbank) next month, as a segment of a wider crude oil.

To learn more about the challenges that women face in the trade, treasury, and payments space across the African continent, and some of the programmes in place to help balance the scales, TFG spoke with Gwen Mwaba, Director and Global Head of Trade Finance at Afreximbank.

African Export and Import Bank (Afreximbank) has now established partnerships in its African Trade Facilitation Programme (AFTRAF) with over 80% of Africa’s commercial banks, according to the executive vice president of the Intra-African Trade Bank (IATB), Kanayo Awani.

At ITFA’s 49th Annual International Trade and Forfaiting Conference in Abu Dhabi, TFG’s Deepesh Patel sat down with Gwen Mwaba, Director & Global Head, Trade Finance at African Export-Import Bank (Afreximbank). Their discussion revolved around the pressing issues facing African trade finance and the active role of DFIs in fostering African trade. 

The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with Morocco’s Government, represented by its Ministry of Economy and Finance. This MoU aims to establish a $1… read more →

The African Export-Import Bank (Afreximbank) plans to increase its funding for trade within Africa to $40 billion through a revolving fund by the year 2026. This development follows the bank… read more →

The AfCFTA Secretariat and African Export-Import Bank (Afreximbank), on 10 March 2023 in Kigali, signed the Host Country Agreement for the AfCFTA Adjustment Fund with the Republic of Rwanda. The… read more →

Multilateral development bank, African Export-Import Bank (Afreximbank), announced a US$3 billion Country Programme for Kenya, aimed at supporting infrastructure, agriculture, housing and MSMEs. The programme was announced during a meeting… read more →

Accelerate Scholarship 2022 winner Albert Chris Puja writes about how fintech solutions empower African SMEs with financing alternatives.

The Cairo-headquartered Afreximbank announced on Wednesday that it has approved the launch of the $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA).  The programme is intended to… read more →

United Kingdom development finance institution (DFI) CDC Group is providing a USD 50 million trade finance facility through Ecobank International to support trade finance in Africa. This is a new… read more →

The Central Bank of West African States (BCEAO), the West African Center for Training and Banking Studies (COFEB), AFREXIMBANK and FCI, announce a series of three international webinars on “Factoring… read more →

African Export-Import Bank (Afreximbank) on 31 March 2020 released its audited financial statements for the year ended 31 December 2020, showing strong and resilient growth, with total comprehensive income of… read more →

African trade finance literature is often trusted by SMEs and usually omits domestic financial institutional challenges, especially in the Francophone markets.