Afreximbank and FCI+IFG co-organise factoring promotion conference

African businesses should capitalize on the advantages offered by factoring as an alternative trade finance instrument in order to trade more competitively, participants heard earlier this week at a factoring promotion conference co-organised by Afreximbank, the International Factors Group (IFG) and Factors Chain International (FCI), opened in Dar es Salaam

Afreximbank supports Nigeria healthcare programme

Afreximbank has selected Nigeria as one of three countries for the initial rollout of its new programme aimed at improving healthcare delivery in Africa, Bank President Dr. Benedict Oramah has announced

Afreximbank to provide support in Ethiopia

Afreximbank will support Ethiopian entrepreneurs seeking to engage in export manufacturing, especially to add value to coffee, cotton, textile, leather and other commodities, Bank President Dr. Benedict Oramah announced in Addis Ababa today

Afreximbank to address Africa’s trade finance liquidity shortage

A financing programme by Afreximbank to provide more than $3.5 billion to its member countries to enable them adjust to current adverse economic shocks, especially commodity price and terrorism-induced ones, has received the blessings of the Bank’s Board of Directors

Afreximbank offers USD1bn facility to support Egyptian economy

Afreximbank has reported that it will arrange a facility of up to USD1bn for the Central Bank of Egypt (CBE), underwriting USD500 of the amount, to complement the efforts of the central bank to improve foreign currency liquidity, Afreximbank President Dr. Benedict Oramah has announced in Cairo

Afreximbank promoting factoring and forfaiting to benefit of African SMEs

Africa can minimise how much it is affected by global shocks by taking advantage of the services and programmes available from strong African multilateral development finance institutions like Afreximbank, Dr. Patrick Njoroge, Governor of the Central Bank of Kenya, has announced in Nairobi