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African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20bn in 2021 to US$40bn by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said. Mr. ElMaayergi was addressing participants and guests in...
#trade finance
In order to support trade finance activities in Ethiopia, African Development Bank (AfDB) has approved a US$40m transaction guarantee facility…
#African Development Bank#Dashen Bank#guarantee
To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank (Afreximbank), in partnership…
#AFCTFA#Afreximbank#AI
British International Investment (BII), the UK’s development finance institution and impact investor, has pledged US$50m to Access Bank, one of…
#BII
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected…
#Deutsche Bank
In two deals signed at the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) is providing a US$60m line of…
#bank#forum#international
Afreximbank, a prominent multilateral financial institution, has partnered with CBZ Bank to provide an $80m facility aimed at bolstering trade…
#bank#exporters#forum
African Export-Import Bank (Afreximbank) has signed an agreement for a US$100m trade finance facility in favour of Rawbank to assist the…
#bank#forum#guarantees
FIRST City Monument Bank (FCMB) has announced a US$15m Master Murabaha Agreement with the International Islamic Trade Finance Corporation (ITFC),…
The Board of Directors of the African Development Fund (ADF) – the African Development Bank Group’s concessional financing window –…
#African Development Bank
IFC, a member of the World Bank Group, and Absa Group Limited, a South African-based bank, will provide an up…
#working capital
To promote trade and foster economic growth in Africa, IFC has announced trade finance facilities with seven Ecobank Transnational Incorporated…
#forum#guarantees#smes
First Capital Bank (FCB) in Zimbabwe has received from African Development Bank (AfDB) US$15m trade finance package to help bolster…