Page 40 - Settlement System 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 African Export-Import Bank (Afreximbank) is targeting total assets of $60 billion over the next six years from current $30 billion achieved within its 30 years of existence.

Cross-border transactions among African countries were hitherto fraught with a myriad of challenges chief amongst which was the absence of an efficient payment system that supports such trades. The absence of a single currency through which goods and services can be traded is a major challenge for trans-Africa trade. The…

THE African Export-Import Bank (Afreximbank) opened its 30 annual meetings in Ghana yesterday, with Barbados Prime Minister Mia Mottley praising the bank’s payment system that would allow countries across the

...the African Export-Import Bank (Afreximbank) on Monday said it would double its total assets to $60 billion in less than six years.

President Nana Addo Dankwa Akufo-Addo of Ghana emphasized that robust development financial institutions are necessary to achieve growth on the African continent

Mr. Jeremy Awori, Chief Executive Officer of Ecobank Group, and Mr. Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana. ... | June 20, 2023

Cross-border transactions among African countries were hitherto fraught with a myriad of challenges chief amongst which was the absence of an...

As many as 20 countries may be part of a pan-African payment system by the end of the year. African Export-Import Bank (Afreximbank) President Benedict Oramah…

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