30 results
- 13 Oct 2023
Mowana Mobile App to Boost African Exports
Mowana International has unveiled a revolutionary initiative designed to empower Nigerian and African manufacturers to reach international markets while facilitating payments in foreign currencies.…
- 29 Nov 2016
How The Internet is Becoming Biggest Exporter of African Culture
Not too long ago, we were introduced to the world of mobile phones here in Nigeria. Coming out from the days of NITEL’s dial-up phones with the rotary dials, we all know how much things have since…
- 28 Jun 2019
Afreximbank Launches Pan-African Payment & Settlement Platform
The African Export-Import Bank (Afreximbank) will launch its new Pan-African Payment and Settlement (PAPS) Platform at the African Union (AU) Extraordinary Summit on July 7, 2019 in Niamey, Niger…
- 28 Jun 2022
Afreximbank Unveils Pan-African Payment and Settlement System
The African Export-Import Bank has created a payment solution platform, Pan-African Payment and Settlement System, to facilitate instant cross-border payments in local African currencies. This is…
- 5 Nov 2020
Afreximbank Earmarks $1.5Bn To Boost African Economies
The African Export-Import Bank, Afrximbank has unveiled a $1.5 billion collaborative COVID-19 Pandemic Response Facility (COPREFA) to back African economies with rapid financial assistance to reduce…
- 19 Dec 2022
Afreximbank Inaugurates TRADAR Club to Transform African Trade
African Export-Import Bank (Afreximbank) has inaugurated TRADAR Club, a prestigious member-driven network aimed at empowering international businesses and executives to transform trade and…
- 9 Jun 2016
Dangote Acquires Shares in Afreximbank
The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest corporate organisation to join the African Export-Import Bank as a shareholder. According to information released by…
- 26 Sept 2023
Afreximbank Seeks Participation of SME in Global Trade
The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) to position their small and medium…
- 15 Jun 2022
Afreximbank Mobilises $35b for African Development
The African Export-Import Bank (Afreximbank) has mobilised a whopping $35 b for the development of the continent, in the last five years. Prof. Benedict Oramah, the President of the bank, disclosed…
- 5 Sept 2019
Afreximbank to Support Nigerian Manufacturers with $500m Facility
The African Export-Import Bank (Afreximbank) says it will allocate 500 million dollars from its Nigeria-Africa Trade and Investment Promotion Fund to support Nigerian manufacturers. According to a…
- 29 Sept 2021
Afreximbank Launches Pan-African Payment Platform
In furtherance to the take- off of the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) has launched the pan-African payment and settlement system (PAPSS) to…
- 19 Mar 2019
Afreximbank Urges African SMEs to Engage Factoring to Ease Access to Finance
The African Export-Import Bank (Afreximbank) has urged all African SMEs to engage factoring as a viable and sustainable solution to address the challenge of access to financing for their businesses.…
- 1 Apr 2017
AfDB Approves $450m Trade Finance Package for Afreximbank
The Board of Directors of the African Development Bank (AfDB) has approved on $450 million Trade Finance Package for the African Export–Import Bank (Afreximbank). The facility consists of a 3-year…
- 3 Sept 2024
GAIN, Afreximbank Trains 300 Young African Entrepreneurs On Entrepreneurship Intra-African Trade
The Grand Africa Initiative (GAIN) in partnership with the African Export-Import Bank (Afreximbank), has trained 300 young African entrepreneurs drawn from various regions of Africa, in its 2024…
- 12 Dec 2018
Heirs Holdings Inks $600m Facility Deal with Afrexim Bank, to Scale its Energy Investments.
African Export-Import Bank’s (Afrexim), has signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. This is as…
- 15 Dec 2022
GAIN and Afreximbank Empower Young African Entrepreneurs
Grand Africa Initiative (GAIN) in collaboration with Africa Export-Import Bank (AFREXIMBANK) trained young African Entrepreneurs from across Africa. The program GAIN-AFREXIMBANK Masterclass on…
- 18 Jun 2026
AfreximBank Urges Nigeria, Others to Strengthen Continental Trade
The African Export-Import Bank (Afreximbank) has urged Nigeria and the rest of Africa to strengthen intra-African trade and resilience to protect against geopolitical shocks. In a recently released…
- 2 May 2024
Afreximbank Urges African Countries to Strengthen Reserves with Gold
A report by African Export-Import Bank (Afreximbank) has stated that the current “high gold prices offer African countries an opportunity to strengthen their reserve portfolios with a safer asset…
- 11 Apr 2018
Afreximbank to Assist Nigeria Airline Operators Acquire New Aircraft
AS part of its, efforts at improving the air transport infrastructure across Africa, the African Import Export Bank, Afreximbank and the Russian Export Center, REC, Wednesday, began a roadshow in…
- 25 Sept 2025
Afreximbank Partners Automakers to Drive Africa’s Industrialization
African Export-Import Bank (Afreximbank) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote intra-African trade…
- 31 Mar 2021
NEXIM, Afreximbank Mobilise $50m Funding for SMEs
The Nigerian Export-Import Bank has announced its partnership with African Export-Import Bank to mobilise the sum of $50m to support Small and Medium Enterprises in Nigeria. NEXIM announced in Abuja…
- 22 Feb 2016
Insurance Bodies urges Closer Cooperation to Boost Investments in Africa
Over 30 participants from 18 institutions that provide guarantees and insurance in Africa gathered in Abidjan, Côte d’Ivoire, for the Abidjan Union, the first pan-African meeting of export credit and…
- 27 Dec 2022
Afreximbank Moves to Acquire Minority Stake in Geregu Power
The Fund for Export Development in Africa (FEDA), the development impact investment platform of African Export-Import Bank (Afreximbank) has announced that it has received internal approvals to…
- 6 Dec 2023
IATF2023 Exceeds Targets with Recorded Deals Worth up to US$43.8 billion
African Export-Import Bank (Afreximbank) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion of business deals and transactions…
- 11 Jun 2024
Afreximbank Provides $40m to Fidelity Bank to Facilitate Acquisition of Union Bank UK
African Export-Import Bank (Afreximbank) has said that it disbursed a $40 million intra-African investment facility to Fidelity Bank Nigeria Plc. According to a statement yesterday, the facility…
- 11 May 2025
Afreximbank Unveils Third Edition of Short Film Competition 'Creative Africa Nexus'
Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) has announced the third edition of its vibrant short film competition, CANEX Shorts, that is designed to…
- 17 May 2024
Afreximbank Deepens Ties On $350m Project Support Facility
African Export-Import Bank (Afreximbank) has concluded arrangements for a facility of $250 million with the International Islamic Trade Finance Corporation (ITFC) and $100 million with the Islamic…
- 18 Sept 2020
YouTube Music Week: Patoranking, DJ Cuppy, Adekunle Gold and Fireboy DML to Celebrate with Fans
YouTube is thrilled to announce it will be hosting a YouTube Music Week in Nigeria from 21 to 26 September to celebrate Nigerian music and music stars and, most importantly, their many fans. Virtual…
- 27 Nov 2019
YouTube celebrates Afrobeats, extends support to fast-rising Nigerian Artists
YouTube has announced that four fast-rising Nigerian artists have been selected to receive support on their individual music journey. YouTube will be providing the artists with the tools to…
- 27 Jan 2014
NEXIM Bank Bags Best Performing African DFI
The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank (NEXIM) as ‘Best Performing African DFI.’ The decision was an outcome of the ‘2013…