African Export-Import Bank

Business: The Arab Republic of Egypt Accedes To The Establishment Agreement For Afreximbank’s Fund For Export Development In Africa (FEDA)

by

THE Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) dedicated to fostering development impact, is pleased to announce the Arab Republic of Egypt’s accession to its Establishment Agreement. With Egypt’s longstanding position as a founding shareholder and the host country of Afreximbank’s headquarters, this recent development underscores … Read more

Africa: President Oramah Delivers 8th Goddy Jidenma Biennial Lecture

by

HOW Africa and the rest of the developing world manoeuvre the emerging challenges presented by the unprecedented de-globalization of the world could potentially make or mar their economic progress in the years ahead, Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), said on Friday. Delivering … Read more

South Africa’s Progressive Business Forum Honours Afreximbank Board Member Ronnie Ntuli With Lifetime Achievement Award

by

AFRICAN Export-Import Bank (Afreximbank) (www.Afreximbank.com) is pleased to announce that its board member, Mr. Ronnie Ntuli has been awarded the Progressive Business Forum’s (PBF) prestigious Lifetime Achievement Award and was presented with the accolade at the Presidential Gala Dinner and special celebrations that marked three decades of democracy in South Africa. The award, which was … Read more

IMF Approves $941m Lending Boost To Alleviate Kenya’s Financial Strain

by

The IMF greenlights a $941 million lending boost for Kenya, providing immediate relief with a $624.5 million disbursement under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programmes. THE IMF on Wednesday approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million, offering some relief to the East … Read more