Page 4 - Afreximbank News Today

As Bank unveils 2023 African Trade Report The African Export-Import Bank (Afreximbank) and ARISE Integrate Industrial Platforms (ARISE IIP) yesterday signed a term sheet for a $400 million tranche under a proposed $1 billion global credit facility to support ARISE IIP in the development of industrial parks and Special Economic Zones (SEZs) in several African […]

The platform will allow due diligence with the clients to comply with sanctions but allow for exports of food and fertilizers to Africa.

The Republics of The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank

The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA),

Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates.

Report has flagged possible bribery, tax evasion and money laundering during the loan procurement.

The government will import large quantities of rice, cooking oil, sugar, wheat and beans duty-free.

Afreximbank's intra-African Trade Initiative MD Kanayo Awani says the information gap means African investors are still losing out on potential opportunities.

CAIRO, Dec. 26, 2022 /PRNewswire/ -- The Board of Directors of African Export-Import Bank (Afreximbank) has approved US$1.5 billion funding to enable member states of the Caribbean Community

The African Export and Import Bank (Afreximbank), yesterday, announced plans to invest up to $100 million for the establishment of quality assurance centres in Nigeria.