Egypt to sign SME financing agreement with EIB

The Ministry of International Cooperation has announced that Egypt will sign a EUR500m agreement to support SMEs with the European Investment Bank (EIB) among a number of financing agreements in the second half of October

Afreximbank could benefit Egyptian SMEs

Egyptian firms seeking opportunities for increased trade within African markets should take advantage of the expertise and offerings of the African Export Import Bank Afreximbank, Denys Denya, Afreximbank’s Executive Vice President in charge of Finance, Administration and Banking Services, has said

Afreximbank swears in new President

Nigerian banker Dr. Benedict Oramah today in Cairo took over the leadership of the African Export-Import Bank as the third President of the continental trade finance institution

Afreximbank inaugurates headquarters building

The Egyptian Foreign Minister, Sameh Shoukry, has inaugurated the Headquarters Building of the African Export-Import Bank (Afreximbank) with a reemphasis of the need for African countries to strengthen trade and economic links amongst them

Trade boost in Egypt

The European Bank for Reconstruction and Development (EBRD) partners with commercial bank QNB AlAhli, providing small businesses in Egypt with USD100m credit and also provides USD40m trade facility

Afreximbank’s rating outlook changes to “Stable”

Moody's Investors Service has announced that it has changed the outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) from negative to stable. Concurrently, the rating agency also affirmed Afreximbank's Baa2/P-2 long and short-term ratings

Afreximbank swears in new President

Nigerian banker Dr. Benedict Oramah today in Cairo took over the leadership of the African Export-Import Bank as the third President of the continental trade finance institution