| Date | Title | Description |
| 30.04.2025 | Zimbabwe: Zoho Corp Injects $15 Million Into Zimbabwe's Digital Future | Indian cloud software giant Zoho Corporation has announced a $15 million investment in Zimbabwe aimed at accelerating the digital transformation of small and medium enterprises (SMES) and large organisations.
The tech firm, which serves mor... |
| 11.04.2025 | Nigeria's Industrial Renaissance: Afreximbank's $300 Million Leap | Nigeria stands at a crossroads. The African Export-Import Bank (Afreximbank) has thrown down the gauntlet with a bold $300 million investment in export manufacturing. This initiative, aimed at revitalizing the economies of Cross River, Imo,... |
| 11.04.2025 | Afreximbank to develop $300 million export manufacturing projects in Cross River, Imo, Enugu, and Kano | The African Export-Import Bank (Afreximbank) has announced plans to develop a $300 million export manufacturing initiative across four Nigerian states—Cross River, Imo, Enugu, and Kano—as part of its broader strategy to stimulate non-oil ex... |
| 11.04.2025 | China announces fresh countermeasures, raises tariffs on US goods from 84% to 125% from Saturday | China has announced a significant escalation in the ongoing trade war with the United States by imposing increased tariffs on U.S. goods.
Starting Saturday, April 12, 2025, tariffs on American imports will rise from 84% to an unprecedented ... |
| 09.04.2025 | Nigerian artists earn 90% less from local streams than U.S., U.K. market—Burnaboy | Nigerian singer and songwriter, Damini Ogulu, popularly known as Burnaboy, has said that Nigerian artists earn significantly less for streams from their local audience compared to those from U.S. and U.K. listeners, with payouts up to 90% l... |
| 07.04.2025 | How African countries can mitigate impacts of Trump’s tariffs – Ecobank CEO | The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has said African countries can cushion the potential economic fallout from U.S. President Donald Trump’s new tariffs by increasing trade among themselves.
Speaking in ... |
| 23.03.2025 | High interest rates, poor infrastructure hindering exports of Nigerian-made goods – Expert | A trade expert who serves as the Treasurer of the Oyo State Shippers Association, Mrs. Aminat Animashaun, has identified high interest rates on loans and poor infrastructure as key barriers hindering the export of Nigerian-made goods.
In an... |
| 15.03.2025 | IAGi Ventures: Soaring to New Heights in Aviation Innovation | In a bold move that echoes through the aviation industry, the International Airlines Group (IAG) has announced a staggering investment of up to €200 million over the next five years. This investment will be funneled into IAGi Ventures, the ... |
| 14.03.2025 | Digital Nomads: How Australia-based Oghenerukevwe Odjugo thrives without rigid long-term planning | It is 11:00 a.m. in Owerri, Nigeria.
I am in front of my computer waiting for the bong notification from Google Meet. In a moment, Oghenerukevwe Odjugo appears on the call. I have been a fan of her investment newsletter series, The Beginner... |
| 12.02.2025 | Nigeria agrees to host 2025 Afreximbank annual meetings in June | Nigeria and the African Export-Import Bank (Afreximbank) have signed an agreement to host the 32nd Afreximbank Annual Meetings (AAM) in June.
The upcoming event is expected to draw between 5,000 and 6,000 delegates from across Africa, the C... |
| 03.02.2025 | FG plans new initiative to ease access to loans for Nigerian SMEs | The Federal Government has said it would soon launch a new initiative that will allow Small and Medium Enterprises (SMEs) in the country to easily access loans.
This was disclosed by the Minister of State for Industry, Trade, and Investment... |
| 16.01.2025 | EET Fuels: A Bold Step Towards Decarbonisation with $350 Million Financing | EET Fuels, the trading name of Essar Oil - UK, has secured a significant $350 million in financing. This move is not just a financial transaction; it’s a declaration of intent. The company is on a mission to transform the energy landscape. ... |
| 15.01.2025 | EET Secures $350 Mn Financing For Decarbonisation | ECONOMY & POLICY EET Secures $350 Mn Financing For Decarbonisation
15 Jan 2025 2 Min Read CW Team
EET Fuels, the trading name of Essar Oil - UK, said it has attracted new financing facilities demonstrating market confidence in the compa... |
| 14.01.2025 | EET Fuels secures $350 million in financing facilities | EET (Essar Energy Transition) Fuels, which owns the Stanlow refinery in the UK, said on Tuesday that it has successfully secured $350 million in receivable financing and trade credit financing facilities.
“The company has agreed $350 millio... |
| 28.12.2024 | Nigeria targets 15% pharmaceutical market share in Africa by 2030 – Health Minister | The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has announced that the Presidential Initiative to Unlock the Healthcare Value Chain (PVAC) is set to boost Nigeria’s pharmaceutical market share in Africa, wit... |
| 03.12.2024 | Access Bank is building a payment rail to connect Africa’s remittance market | Access Bank, a tier-1 Nigerian commercial bank present in 22 countries, is building a payment rail, Access Africa, to allow people and businesses to send money across the continent through Access bank accounts.
“It’s our proprietary rail th... |
| 12.11.2024 | AfreximBank approves $200 million finance facility to BUA Group for expansion projects | The African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility for BUA Industries Limited (BIL) to support its expansion efforts.
The bank disclosed this in a statement, noting that the first tranche of ... |
| 23.10.2024 | ASA 2024 Assembles Continental Powerhouses To Achieve Food Security | LAGOS, NIGERIA – The 7th annual Agriculture Summit Africa (ASA) 2024 is set to convene Africa’s most influential agricultural leaders and innovators on November 11-12, 2024, at the Transcorp Hilton, Abuja. This year’s summit, themed “Transi... |
| 03.10.2024 | Afreximbank offers $200 million to support Nigeria’s creative industry | The Federal Government of Nigeria has secured $200 million investment from the African Export–Import Bank (Afreximbank) to boost the nation’s creative industry.
In a statement seen by Nairametrics, the funding was announced during the “Dest... |
| 19.08.2024 | Naira Transactions: A New Dawn for Nigeria's Oil and Consumer Markets | The Nigerian economy is at a crossroads. The government’s recent decision to sell crude oil to the Dangote Refinery in naira marks a significant shift. Starting October 1, 2024, this initiative aims to stabilize fuel prices and strengthen t... |
| 19.08.2024 | FG to begin sales of crude oil to Dangote refinery in Naira from October 1 – Wale Edun | The Federal Government has announced that sales of crude oil to the Dangote Refinery in naira will begin on October 1, 2024.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known during a meeting with ... |
| 26.07.2024 | Proposed 5% levy on companies for community project might lead to exits – Afrexim Bank | A new report by Afrexim Bank states that the proposed 5% tax on companies earning over N100 million for community development projects will result in the exits of multinationals from the country.
The report titled, “Monthly Developments in ... |
| 15.07.2024 | Sterling One foundation announces Afreximbank as strategic partner for Africa Social impact summit 2024 | To foster more private sector participation in the drive towards the achievement of the Sustainable Development Goals (SDGs) in Africa, the Sterling One Foundation has announced African Export-Import Bank (Afreximbank) as its strategic part... |
| 08.07.2024 | Weekly economic index: MTN Nigeria’s ₦137 billion loss, Botswana’s first satellite and Nigeria to host new Africa Energy Bank. | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: MTN Nigeria Reports ₦137 Billion Loss in 2023 Despite Increased Investment
MTN Nigeria, the country’s leadi... |
| 01.07.2024 | Madhouse backs African Creative AI platform with $10,000 seed funding. | Madhouse, Africa’s leading hub for creativity and innovation, concluded its pioneering Lens-Based Incubation Programme on June 28th by awarding $10,000 seed funding to the winner of its Demo day pitch competition. In partnership with the Un... |
| 01.07.2024 | UNIDO and WTO to raise US $ 12 billion for Africa’s cotton-producing nations | Image Courtesy: Wikipedia
The United Nations Industrial Development Organisation (UNIDO) and the World Trade Organisation (WTO) have joined forces to chart a strategy meant at raising US $ 12 billion for sustainable cotton production in Afr... |
| 01.07.2024 | FG disburses N27.2 billion to nano businesses in 3 months under trade grant scheme | The federal government has disbursed the total sum of N27.2 billion within April and June 2024 (3 months) of the N50 billion grants earmarked for nano businesses under the trade grant initiative.
This is according to data from the portal of... |
| 28.06.2024 | About 60% of applicants have received N50,000 under trade grant scheme — Doris Uzoka-Anite | The Minister of Trade and Investment, Doris Uzoka-Anite, has said that about 60% of the 1 million applicants have received the N50,000 of the trade grant scheme.
Uzoka-Anite made this disclosure in a statement on her X (formerly Twitter) ac... |
| 18.06.2024 | FG seals $3.5 billion deal with Afreximbank for textile industry, CNG Vehicles, others | The federal government has announced a $3.5 billion agreement with Afreximbank to enhance the textile industry and promote the use of Compressed Natural Gas (CNG) vehicles, among other initiatives.
The Minister of Industry, Trade and Invest... |
| 10.06.2024 | Ecobank shuns capital markets to raise $600m through debt instruments | Ecobank Transnational Incorporated, a pan-African financial institution with a national banking licence in Nigeria, will sidestep the Nigerian Exchange and other capital markets in its plan to raise $600 million to meet Nigeria’s recapitali... |
| 08.05.2024 | From Experimental into Blockbusters: Can the “A24 Model” with Artsy Productions Improve Nollywood’s Silver Screen | “We want to prove that non-commercial films can work in Nigeria!” This is an ambitious and bold statement from Chuko and Arie Esiri, a pair of independent filmmaking twins from Nigeria. The first reaction to such a grand statement is to be ... |
| 24.04.2024 | Africa: Innovations at the AllAfrica Media Leaders' Summit | AllAfrica Global Media is launching the AllAfrica Media Leaders' Summit from May 8-10 in Nairobi, Kenya. The Summit will feature innovations to leverage the ever-changing media landscape revolutionized by emerging technologies like artifici... |
| 23.04.2024 | Nigeria: FG Orders Sale of Discos Managed By Banks, Amcon Within 3 Months | The federal government has ordered the resale of electricity Distribution Companies (DisCos) now under the management of banks and the Asset Management Company (AMCON) within three months to reputable power operators.
LeadershipP reports th... |
| 27.09.2023 | Data snapshot: the largest funding rounds of the decade for Africa agrifoodtech | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
| 08.03.2023 | EIB and Afreximbank Launch €200 Million Africa Health Resilience Investment Initiative | Listen to this story:
New streamlined financing scheme to accelerate hospital pharmaceutical investment across sub-Saharan Africa
EIB to provide EUR 100m for health resilience investment initiative
Afreximbank to provide additional EUR 100m... |
| 26.12.2022 | Afreximbank Board Approves $1.5 billion Funding for Participating States in the Caribbean | 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 (CARICOM) that have ratified the Partnership Agre... |
| 10.02.2022 | Afreximbank, AfCFTA sign agreement on management of AfCFTA Adjustment Fund | --> -->
The African Continental Free Trade Area (AfCFTA) Secretariat and African Export-Import Bank (Afreximbank), signed an agreement on the management of the Base Fund of the AfCFTA Adjustment Fund.
The agreement was signed by Profe... |
| 02.12.2021 | African Export Import Bank : The Communique of African Sub-Sovereign Governments Durban, KwaZulu-Natal, 18 November 2021 | The conference
On the sidelines of the IATF2021 Trade and Investment Conference, the Kwazulu-Natal Government and the African Export -Import Bank (Afreximbank) co-hosted a conference of African Sub-Sovereign Governments on 18 November 2021 ... |
| 29.11.2021 | African Export Import Bank : IATF 2021 Generates US$42.1 billion Trade and Investment Deals | Durban, 29 November 2021 - The second Intra-African Trade Fair (IATF 2021) generated a record setting US$42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council. Th... |
| 24.11.2021 | Why policymakers should support Africa's growing music industry | Mdundo, a music streaming company based in Kenya, is often called the "Spotify of Africa." It has over 5 million active users through its website and Android app, more than 90,000 registered artists, and over 20 million downloads ... |
| 23.11.2021 | African Export Import Bank : IATF 2021 Ends with Commitment to Strengthen the AfCFTA | H.E Chief Olusegun Obasanjo, Chairman of the IATF 2021 Advisory Council and former President of the Federal Republic of Nigeria
Durban, 23 November 2021 - The second Intra-African Trade Fair (IATF 2021) has ended on Sunday in Durban, KwaZul... |
| 22.11.2021 | African Export Import Bank : Curtain comes down at IATF 2021 in Durban – Deals worth US$36 billion recorded so far | Mrs. Kanayo Awani, Managing Director of Afreximbank's Intra-African Trade Initiative
Durban, 22 November 2021 - Deals worth $36 billion were recorded as of 21 November 2021 at the second Intra Africa Trade Fair (IATF 2021). IATF 2021 took p... |
| 20.11.2021 | African Export Import Bank : Automotive Sector Experts Urge Policy Reform to Boost Africa's Annual Vehicle Production to 5 million | Durban, 20 November 2021: Increasing the number of vehicles produced in Africa requires the implementation of policy changes and access to finance, Ebrahim Patel, Minister of Trade and Industry and Competition of South African, has said in ... |
| 20.11.2021 | African Export Import Bank : Afreximbank positions creative industry as a major tool for Africa's GDP growth | Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa.
Launch of Creative Africa Nexus (CANEX) Sets Durban Ablaze!
Durban, 20 November... |
| 20.11.2021 | African Export Import Bank : The Creative Africa Nexus (CANEX) Summit kicks off on Day 5 of IATF 2021 | Prof Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank at the opening of the CANEX Summit on 19 November in Durban, South Africa.
Durban, 20 November 2021 - The Creative Africa Nexus (CANEX), a programme put i... |
| 20.11.2021 | African Export Import Bank : IATF2021 Exhibitions Showcase Businesses Developing Africa's Trade Routes | Durban, 20 November 2021: The second Intra-African Trade Fair 2021 (IATF2021) featured exhibitors from a range of sectors in participating countries showcasing a variety of products and industries covering both industrial trade and the crea... |
| 19.11.2021 | African Export Import Bank : IATF2021 Conference Makes Way for CANEX | Durban, 19 November 2021 - The IATF2021 Conference segment of the second Intra-African Trade Fair (IATF2021), ended on 18 November 2021 in Durban, South Africa, with African Export-Import Bank hailing the contribution of the trade fair to a... |
| 19.11.2021 | African Export Import Bank : Afreximbank expands its support for African trade with new multi-million-dollar commitments made at IATF2021 | Durban, 19 November 2021 - African Export-Import Bank (Afreximbank) on 18 November 2021 in Durban, South Africa, further consolidated its position as a leader in funding the development of trade infrastructure across Africa with the signing... |
| 19.11.2021 | African Export Import Bank : AFREXIMBANK COMMITS US$250 MILLION SEED CAPITAL FOR SUB SOVEREIGN GOVERNMENTS | Durban, 19 November 2021 - African Export Import Bank (Afreximbank) has committed US$250 million as seed capital towards the establishment of an African Sub Sovereign Governments Network.
Prof. Benedict Oramah, President and Chairman of the... |
| 18.11.2021 | African Export Import Bank : President Obasanjo Advocates for Made-In-Africa Brand to Instill Pride in African products | Chief Olusegun Obasanjo, Former President of the Federal Republic of Nigeria, Chairman of the Advisory Council of IATF
Durban, 18 November 2021 - The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by for... |
| 16.11.2021 | IATF 2021 Conference: MFIs Commit to Support SMEs in Africa | Small and medium size businesses are the "bedrock of African economies," agreed representatives from multilateral financial institutions, pledging their commitment to developing the continent's SMEs. The leading financiers were sp... |
| 10.11.2021 | Intra-African Trade Fair 2021 poised to boost commerce across Africa | Durban, 10 November 2021: The Intra-African Trade Fair (IATF2021) will see Durban host key figures from the world of trade, including entrepreneurs, financiers, governments and regulators, on one platform to deliberate on trade acceleration... |
| 08.11.2021 | IATF2021 Advisory Council holds 13th meeting virtually | The IATF2021 Advisory Council is closely following the preparations for the trade fair, which is opening its doors to the public on 15 November 2021 in Durban. During their 13th meeting held virtually on 3 November 2021, the members of the ... |
| 05.11.2021 | AfCFTA poised to dramatically increase Nigeria's exports | Nigeria has the most to gain from the growth in intra-African trade, heard the country's business community on 18 October at a Lagos roadshow for the Intra-African Trade Fair (IATF2021). 'Promoting Nigeria-Africa Trade and Investment under ... |
| 29.10.2021 | Second Intra-African Trade Fair (IATF2021) ready to welcome the business community | Cairo, 29 October 2021: - The 12th meeting of the IATF2021 Advisory Council, held virtually on 22 October 2021 and chaired by His Excellency Chief Olusegun Obasanjo, Chairman of the IATF2021 Advisory Council and former President of the Fede... |
| 11.10.2021 | African Export Import Bank : Angola's government and business community show great interest in forthcoming IATF2021 | From left to right, Hon. Maria Piedade de Jesus, Angolan Secretary of State for Tourism, Culture and Environment; Mrs Kanayo Awani, Managing Director of Afreximbank's Intra African Trade Initiative; Hon. Amadeu Leitão Nunes, Angolan Secreta... |
| 08.10.2021 | African Export Import Bank : Angola's government and business community show great interest in forthcoming IATF2021 | From left to right, Hon. Maria Piedade de Jesus, Angolan Secretary of State for Tourism, Culture and Environment; Mrs Kanayo Awani, Managing Director of Afreximbank's Intra African Trade Initiative; Hon. Amadeu Leitão Nunes, Angolan Secreta... |
| 08.10.2021 | African Export Import Bank : Egyptian businesses set to grasp the benefits of the AfCFTA at forthcoming IATF2021 | From left to right, Hon. Ravi Pillay, MEC for Economic Development, Tourism & Environmental Affairs, KwaZuluKwaZulu-Natal Province of South Africa; Prof Benedict Oramah, President of Afreximbank; H.E. Joseph Ntshikiwane Mashimbye, South... |
| 16.09.2021 | African Export Import Bank : Private sector urged to reap benefits of attending the Intra- Trade Fair 2021 at pre-event Roadshow in Cape Town | Cape Town, 16 September 2021: - After Johannesburg on 14 September 2021, the organisers of the Intra-African Trade Fair (IATF2021) met with the business community in Cape Town on 15 September to raise awareness about the substantial benefit... |
| 03.09.2021 | African Export Import Bank : Organisers of the Intra-African Trade Fair 2021 explain the benefits of participating in the event during a roadshow in Kenya | [Link]
Nairobi, 31 August 2021: - Kenya hosted a Country Roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in co... |
| 25.08.2021 | African Export Import Bank : Organisers of the Intra-African Trade Fair 2021 extol the benefits of participating in the event during a roadshow in Ghana | [Link]
Accra, 23 August 2021: - Ghana hosted a roadshow to raise awareness about the substantial benefits of attending the second Intra-African Trade Fair (IATF2021). Organised by the African Export-Import Bank (Afreximbank) in collaboratio... |
| 05.08.2020 | UPDATE ON THE COVID-19 PANDEMIC AS AT 30 JUNE 2020:- IMPACT AND RESPONSE BY AFREXIMBANK | Afreximbank entered the COVID-19 crisis in a position of strength, with a solid capital base, high operating efficiency, good financial ratios, a diversified and quality loan portfolio, and strong liquidity.
This report provides an update t... |
| 21.07.2020 | COVID-19: The Africa Medical Supplies Platform, Africa's united continental supply chain response to COVID, expands to African hospitals and CARICOM countries, and secures lifesaving COVID-19 medical ... | Johannesburg/Cairo/Addis Ababa, 22 July 2020 – Following a successful launch of the Africa Medical Supplies Platform (AMSP) by the Chairperson of the African Union, His Excellency, the President of the Republic of South Africa, Cyril Matame... |
| 16.07.2018 | Liquid Telecom and Telecom Egypt sign MoU to enable completion of the first fibre network from Cape Town to Cairo | At the 2018 Annual Meetings of the African Export-Import Bank (Afreximbank), Telecom Egypt and Liquid Telecom partnered to complete Africa’s terrestrial fibre network stretching all the way from Cape Town, South Africa, to Cairo, Egypt.
Und... |
| - | How can Africa’s energy sector attract more investment? | Ian LewisJames Gavin
June 13th 2022 •
Africa •
Energy & Resources
The announcement of a new African Energy Transition Bank in mid-May has highlighted the problems facing energy financing on the continent.
The bank’s two backers, the Afr... |
| - | For AfCFTA to work, Africa needs to speak with one voice, says Afreximbank’s Hippolyte Fofack | African Business: Please summarise Afreximbank’s performance over the last year.
Dr Hippolyte Fofack: Professor Benedict Oramah, the President and Chairman of the Board of Directors of the Bank reported that 2021 had been an extraordinarily... |
| - | Huge potential to boost Arab-Africa trade | Tom Collins
November 25th 2021 •
Africa •
Finance & Services, Trade & Investment
When Mansa Musa, the 14th century ruler of the Mali Empire, made a pilgrimage to Mecca in 1324 he brought with him so much gold that he devalued the pr... |
| - | If we don’t control our capital, we don’t control our destiny | As Professor Benedict Okey Oramah, the President of African Export Import Bank (Afreximbank), and I prepare for this interview on his ninth floor office at the Bank’s headquarters in Cairo, Egypt, a young lady from the Caribbean Island of B... |
| - | African Export-Import Bank | - |
| - | African Export-Import Bank | “African Export-Import Bank - Transforming Africa's Trade” |
