EIB and Afreximbank direct €300m to support African businesses against COVID-19
The European Investment Bank (EIB), the lending arm of the European Union, and the...
Africa
CDC adds US$75m to its trade finance deal with Absa
CDC, a UK-based development finance institution, has announced an additional US$75m commitment to...
Afreximbank disburses US$3.55bn to cushion impact of COVID-19
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution...
COVID-19 pushes central banks across Africa to slash lending rates
As the impact of COVID-19 levitates on emerging economies in Africa, central banks across the continent are...
Prof. Benedict Oramah re-appointed as Afreximbank President
Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed...
Afreximbank enters partnership with ITC to support African businesses to grow
The African Import-Export Bank (Afreximbank) is teaming up with International Trade Centre (ITC) to train small-business owners...
Afreximbank cancels 2020 Annual Meeting side events due to COVID-19
Due to the COVID-19 pandemic, the African Export-Import Bank (Afreximbank) has made the decision to cancel the series of...
Afreximbank announces US$3m COVID-19 response grant for African countries
The African Export-Import Bank (Afreximbank) has announced a US$3m grant to complement...
AfDB approves US$200m trade finance risk participation agreement
The Board of Directors of the African Development Bank (AfDB) have approved a...
Receivables finance can help Africa closing SME financing gap
Receivables finance is an important tool that can help closing the US$90bn funding gap faced by small and medium-sized enterprises (SMEs) in Africa, said Dr. Patrick Njoroge, Governor of Central Bank of Kenya. Dr. Njoroge was speaking in Nairobi on...