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afreximbank

Heirs Energy secures $750 million from Afreximbank to boost its oil production

This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks...
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George Elombi assumes Presidential duty at AFREXIMBANK

African Export-Import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in George Elombi as the bank’s fourth President and Chairman of the Board of Directors, taking over from Benedict Oramah...
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Africa’s Film Industry Poised for Transformation: Afreximbank Unveils $1 Billion Fund to Boost Production and Global Reach

In a historic move for Africa’s creative economy, the African Export-Import Bank (Afreximbank) has announced the establishment of the African Film Fund, an ambitious $1 billion investment dedicated to expanding...
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AFREXIMBANK and BDEAC seal MoU to promote Trade and Development in the CEMAC subregion

The Afreximbank 2024 Annual Meetings and the 3rd Africa -Caribbean Trade and Investment Forum took place from June 12 to 15, 2024 in Nassau, Bahamas. During these events, Kanayo Awani, Executive Vice...
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Africa Global Factoring Network gets new Head

Holder of a master's degree in accounting and finance from the Catholic University of Central Africa in Yaoundé, “he worked for the development and implementation of factoring in West and...
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Prof Oramah re-appointed AFREXIMBANK Chief

Also during his speech to shareholders, he also indicated that between 2015 and 2019 Afreximbank disbursed 30 billion US dollars or 17,495 billion FCFA to support African trade. Of which...
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Post Covid-19: Global Leaders at UBA Africa Day Conversations Pursue Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations betweengovernments and the private sector as a panacea...
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Cameroon to contract 197 billion FCFA loan from AFREXIMBANK to meet the country’s petroleum needsBenedict O. Oramah

Cameroon’s National Oil Refinery Company SONARA will soon benefit from a financial infusion intended for the importation of petroleum products into the country. A decision by President of the Republic...
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Afreximbank to provide $ 3 billion in funding to African states to mitigate the impact of COVID-19

The African Export and Import Bank (Afreximbank) will make available to African countries a credit facility totaling $ 3 billion to help adapt to the financial, economic and health shocks...
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