Afreximbank funds have over $450 mln for investment- Officials say
March 21 2024 Funds set up by the African Export-Import Bank (Afrexim) have more than $450 million to invest in financial services, creative industries, oil refineries and healthcare, officials said…
Afreximbank, UBA disburse $2.25bn crude oil prepayment loan facilitated by NNPC Ltd
Afreximbank, UBA Announce an Initial Disbursement of US$2.25 billion Under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. Landmark financing…
Lagos secures $1.35bn Afrexim, Access Bank investment for infrastructureÂ
L-R: Gov. Babajide Sanwo-Olu of Lagos State; President and Chairman of the Board of Directors, African Export-Import Bank (Afreximbank), Prof. Benedict Oramah and Non-Executive Director, Access Bank Plc, Mr Herbert…
UTM Offshore, Afreximbank sign $2bn MoU for Nigeria’s first FLNG project
Dec. 8, 2021 UTM Offshore and the African Export-Import Bank (Afreximbank) have signed a MoU to raise 2 billion dollars for the development of Nigeria’s first Floating Liquefied Natural Gas…
FG reiterates commitment to support efforts that would broaden the economy – Buhari tells Afreximbank
Nov. 15, 2021Â President Muhammadu Buhari has assured that the Nigerian government will continue to support efforts that would broaden the economy through multilateral financing. The president, according to a…
COVID-19: Burkina Faso, Djibouti, Ethiopia first to get US-donated vaccine deliveries to Africa – Gavi
July 16, 2021 Following close collaboration between the African Union (AU), African Vaccine Acquisition Trust (AVAT), COVAX and the United States Government, AU Member States are set to receive approximately…
COVID-19: African trade finance sees $5bn in portfolio outflows in Q1 2020 but opportunities exist – report
April 23, 2021 Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide…
AFREXIMBANK, NEXIM to mobilise $50m support investments in Nigeria
The African Export-Import Bank (Afreximbank) and the Nigeria Export-Import Bank (NEXIM) have expressed readiness to mobilise 50 million dollars as Joint Project Preparation Fund for investments in Nigeria. The organisations…
Despite Covid-19, Afreximbank net income jumps by 10%
African Export-Import Bank (Afreximbank) says its net Income in the first half of 2020, grew by 10 per cent from 137.63 million dollars in June 2019 to 150.75 million dollars…
Learn to deploy technology in monitoring activities within borders rather than closure – Afreximbank urges African gov’ts
President of the Africa Export-Import Bank, Prof Benedict Oramah, has urged Nigeria and other African countries to deploy technology in monitoring their borders. Oramah spoke at the second edition of…