Government promises US$7 million to SMEs

SMEs minister, Stembiso Nyoni, has said that SMEs play a critical role in economic development, so the government has deemed it necessary to secure a loan to boost...

Afreximbank promotes intra-African trade

Active participation in intra-African trade has made it possible for a number of African countries to maintain resilient trade figures in the midst of falling commodity prices that have led to an overall sluggish economic growth story on the continent, Dr. Benedict Oramah, President of Afreximbank, has said

Afreximbank’s plans for factoring to thrive

Governments should create enabling environments for factoring in Africa in order to improve the competitiveness of African businesses, Dr. Benedict Oramah, President of the Afreximbank has announced

Afreximbank promoting trade finance

In an address in Port Louis, Mauritius, during the opening of the Afreximbank Annual Structured Trade Finance Seminar and Workshop, Dr. Benedict Oramah, President of the Afreximbank said...

Afreximbank’s $1bn Togo plans

Afreximbank has announced that it expects to attract up to $1bn in financing and investments to support trade activities and infrastructure development, including industrial parks and logistics facilities, in Togo

Afreximbank to partner with KEXIM

Afreximbank has announced that it and the Export-Import Bank of Korea (KEXIM) in Seoul have entered into a memorandum of understanding (MOU) expected to inject $100m to support trade between Africa and South Korea

Afreximbank unveils factoring growth plans

Afreximbank has announced that it has introduced a model law on factoring to provide a benchmark for African national legislatures enacting arrangements aimed at fostering the growth of factoring activities across the continent