Africa

Guinea-based printing and packaging company Complex Industriel Polygraphie Patrice Lumumba (CIPPL) is the beneficiary of a EUR15m credit facility from Afreximbank for the extension and modernisation of its printing and packaging plant

Afreximbank will organise the 2015 Afreximbank Advanced Structured Trade Finance Seminar in Nairobi from 10 to 13 November

Afreximbank will partner with the Dangote Group, an African multinational corporation, in promoting intra-African trade, Afreximbank President Dr. Benedict Oramah announced in Lagos last week

Africans have a collective responsibility to put in place frameworks that would foster economic growth on the continent, Danny Faure, Vice President of Seychelles, said in Mahe in Seychelles

Aiming to bolster Africa’s participation in global trade, the African Export-Import Bank (Afreximbank) has announced a new round of advanced training for African trade finance practitioners to take place in Nairobi from 10 to 13 November

The African Export-Import Bank (Afreximbank) is to host the second edition of its Annual Customer Due Diligence and Corporate Governance Forum in Seychelles from 29 to 30 October in bid to build momentum for a collaborative African approach to addressing the unique challenges confronting African financial institutions in the field of corporate governance and customer due diligence

A trade delegation made up of 16 US companies representing various sectors visited Nigeria last week as part of the largest US government–led trade mission to Africa in history

To aid its development financing objectives, in particular for SMEs, the Bank of Industry (BoI), has secured a USD100m line of credit from the African Development Bank (AfDB)

The Egyptian capital of Cairo is to host high ranking African government officials, heads of international organizations, members of the diplomatic community, leaders of international financial institutions and the business community as the African Export-Import Bank (Afreximbank) inaugurates its Headquarters building and conducts the investiture of its new president on 20 and 21 September

Ivorian President Alassane Ouattara has announced that the country is planning to increase its investment in the African Export-Import Bank (Afreximbank) by taking up its rights under the bank’s ongoing general capital raising exercise