Latest in Tag: Afreximbank Highlight
Latest in Tag: Afreximbank
Facility is designed to finance Banque du Caire’s expansion across Africa
Transaction is bank’s largest transaction in debt capital markets to date
Egypt backs African economies in light of pandemic in order to sustain production, says Maait
New date will allow organisers to take stock of latest safety precautions and allow wider roll-out of COVID-19 vaccines
The $2.9bn hydroelectric power project, expected to generate more than 2,000 MW of electricity, was financed solely by African financial institutions and is under implementation by Egyptian construction companies.
It comes after the signed the Instrument of Accession to the Inter-Surety Agreement for the Implementation of the COMESA Regional Customs Transit Guarantee/bond Agreement.
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have signed a Memorandum of Understanding (MoU) for the financing and promotion of Africa’s automotive industry.
Egypt’s Minister of Trade and Industry Nevine Gamea held a digital meeting with President of African Export and Import Bank (Afreximbank) Benedict Oramah
The Trade Finance Intermediary Initiative enables a smoother delivery of Afreximbank’s initiatives and credit solutions.
In comparison, the agricultural commodities sub-index rose to become the top performer in the quarter, outstripping gains in base and precious metals.
PDBs will gather for first time on 12 November at Paris Finance in Common Summit to design new forms of prosperity that put people, planet first
The AFD has made a €500,000 grant available as part of the financing programme, with which it will carry out a technical assistance programme supporting the Afreximbank in developing the sustainable finance strategy.
Three-year revolving global credit facility will strengthen African agricultural networks, bolster continent’s food security
Lily Albino Akol, South Sudan deputy minister of agriculture and food security, said Afreximbank loan will be used to procure necessary supplies
Over 25% of funds dedicated to women in business and climate action
Afreximbank elaborated that the $3.55bn support has been provided to the Central Bank of Egypt (CBE) and other Egyptian banks through its Pandemic Trade Impact Mitigation Facility (PATIMFA).
Nalletamby, Wing also re-elected as directors of Class “A” Shareholders and Class “B” Sharefolders, respectively
Market’s confidence in bank, despite current uncertainty, was testament to strength of Afreximbank’s investor relationships
Shareholders to consider 27th Annual Meeting resolutions by correspondence
IATF 2020 Advisory Council to also postpone third edition of IATF from 2022 to 2023
Moreover, it will provide emergency trade finance facilities for import of urgent needs to combat the pandemic, including medicine, medical equipment, hospital refitting, etc.
Afreximbank, PSF will showcase opportunities from IATF2020 participation
The AOI’s investment has doubled in Africa, says Al-Taras
Facility expected to sustain positive social-economic changes among over 6,000 SMEs, hence contributing towards trade development, economic growth, poverty reduction
Global growth is projected to strengthen to 3.9% in 2018 up from 3.7% in 2017, benefiting from the improvement of market sentiment, still-accommodative financial policies, strong global demand, and synchronised output expansion in both developed and developing economies, according to the African Export-Import Bank (Afreximbank) outlook to economy performance that will affect the scene in …
IATF is organised by Afreximbank in collaboration with AU, hosted by Egypt
Afreximbank seeks to achieve common market in Africa for purpose of independence, says Oramah
Awani noted that the bank is based on several pillars in promoting factoring in the continent, first is financial intervention through providing lines of credit and also guarantees
Bank expects to finance factoring transactions for $76m for businesses in Egypt, five African countries in 2018, says president
Afreximbank guarantees export earnings of Egypt, protects them from risk of non-payment, United Bank provides a package of services to increase volume of foreign trade in African markets, says El-Kady