Afreximbank

Nigeria’s Economic Growth to Hit 3.6% in 2025, Says Afreximbank

Nigeria’s Economic Growth to Hit 3.6% in 2025, Says Afreximbank

Afreximbank has projected that Nigeria’s economic growth will accelerate from 3.0% in 2024 to 3.6% in 2025, supported by increased… Read More

2 weeks ago

Cameroonian George Elombi Replaces Prof. Benedidict Oramah as Afreximbank President

Cameroonian, Dr. George Elombi, has been appointed the new President and Chairman of the Board of Directors of Afreximbank, replacing… Read More

1 month ago

Afreximbank Commissions African Medical Centre of Excellence in Abuja

The African Export-Import Bank (Afreximbank) has commissioned the African Medical Centre of Excellence (AMCE), worth $300 million,  in Abuja, Nigeria.… Read More

2 months ago

Fitch Downgrade Highlights Risks of Afreximbank’s Rapid Growth from Lending to Distressed Governments Without Reform Conditions

A significant jolt has hit Africa’s financial landscape as Fitch Ratings downgraded Afreximbank’s credit rating to BBB- on June 4,… Read More

2 months ago

Oando Upsizes Afreximbank Loan to $375 Million, Fuels Expansion of Massive Oil Portfolio

Oando PLC has announced the successful upsizing of its reserve-based lending facility (RBL2) to $375 million. The funding, led by… Read More

2 months ago

Afreximbank 2025 Internship Programme Commences

The African Export Import Bank (Afreximbank) has commenced application for its 2025 internship programme. Duration: Up to 6 months About… Read More

3 months ago

Afreximbank Signs Oil Investment Deals at African Energy Week 2024

Afreximbank, the African Export-Import Bank, solidified its commitment to supporting energy development across the continent and beyond at the African… Read More

9 months ago

APPO, Afreximbank to set up African Energy Bank

In a bid to mitigate the crisis in the African energy sector, the African Export-Import Bank(Afreximbank) in partnership with The… Read More

2 years ago

Afreximbank Records USD168.9m Net Income in H1 2021

Recently, the African Export-Import Bank (Afreximbank) published its audited financial statements for the six months ended 30 June 2021. The… Read More

4 years ago

World Bank and African Union Team Up to Support Rapid Vaccination for Up to 400 million People in Africa

The African Finance Ministers and the World Bank Group met on Thursday to fast track vaccine acquisition on the continent… Read More

4 years ago

Banks Financing Trade Less Despite Decreasing Risks – Afreximbank

The impact of the new coronavirus pandemic on economic output is well-known. But a new study, The African Trade Finance… Read More

4 years ago

AfCFTA to Generate $84 Billion In Additional Exports – Afreximbank

An intra-African free trade deal could help earn more than $84 billion in untapped exports, going by a new report… Read More

5 years ago