Africa

African development finance institutions must come together in partnership in order to more effectively tackle the challenges affecting the financing of intra-African trade, participants at the first ever continental conference on intra-African trade finance and payment systems have urged

Togolese President Faure Gnassingbй has announced Togo’s accession to the African Export-Import Bank (Afreximbank) Establishment Agreement, making the country the 40th African state to officially join the continental trade finance institution as a participating state

Afreximbank has announced that it will support the effort to achieve industrialisation in the Democratic Republic of Congo (DRC) and to expand the involvement of local entrepreneurs in the major sectors of the economy

Togolese President Faure Gnassingbй, speaking when he visited the Headquarters of Afreximbank in Cairo, pledged that Togo would take prompt action to complete the necessary steps to become a full member of the Bank in order to support the effort toward the economic integration of the continent

Afreximbank is to implement a new strategy aimed at driving industrialization across Africa and increasing intra-African trade by at least 50 per cent in the next five years

Afreximbank has reported that it will work to expand the involvement of local entrepreneurs in key sectors of the Namibian economy in order to increase the country’s intra-African trade linkages, especially within the southern-African region

Afreximbank and the Ecobank have pledged to ensure deepened cooperation in the promotion of trade among African countries to support the economic development of the continent

Afreximbank has begun providing export diversification financing facilities to its member countries to help address challenges resulting from Africa’s overdependence on commodity exports, Bank President Dr. Benedict Oramah has said

Afreximbank originates and distributes more than $15bn to African businesses annually to support trade on the continent, Bank President Dr. Benedict Oramah said yesterday in Sharm el Sheikh, Egypt

Africans must increase their participation in the continent’s natural resource sectors in order to boost the amount of rent accruing to the continent from its abundant resources, create employment and heighten the developmental impact on national economies, Dr. Benedict Oramah, President of Afreximbank, said in London yesterday