African Export-Import Bank (Afreximbank) – Page 2

Afreximbank signs $1bn petroleum exploration deal with NNPC at IATF2021

The African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement...

Economy2 years ago

IATF 2021: Afreximbank calls for political will to reverse ‘absurdities’ in African trade

Prof. Benedict Oramah, President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), has called on African leaders to reverse “absurdities” in African...

Economy2 years ago

Afreximbank launches $6.5bn equity capital increase

African Export-Import Bank (Afreximbank) has embarked on a 6.5 billion dollars General Capital Increase (GCI) to expand its capacity to deliver on its core mandate and...

Economy3 years ago

Afreximbank tasks Nigeria on IATF 2021 participation

The African Export-Import Bank (Afreximbank) has charged the Nigerian government to mobilise its public and private sectors to harness economic opportunities in the forthcoming intra-African Trade...

Economy3 years ago

Afreximbank, Portugal partner to promote Africa’s fashion

Afreximbank and Portugal’s National Association of Young Entrepreneurs (ANJE), have announced a three-year partnership to support and promote Africa’s Fashion Apparel and Textile Manufacturing Industry in...

N2.343trn new borrowing request captured in 2021 budget – DMO

Banking & Finance4 years ago

Buhari seeks Senate approval for $5.513bn external loans

…Urges Afreximbank to simplify access to $500m Creative Industry Support fund*** President Muhammadu Buhari has sought the approval of the Senate for an external loan of...

Tanker attacked, Master killed, Venezuela

Economy4 years ago

Tanker attacked, Master killed, Venezuela

…As Afreximbank, FCI collaborate on factoring in SMEs financing*** Tanker SAN RAMON (SEABOARD I) according to local media report was attacked by 6 armed pirates early in the...

Afreximbank, SADC business council inaugurate Africa trade investment marketplace

Economy5 years ago

Afreximbank achieves $285m income in 2018

The African Export-Import Bank (Afreximbank) showed strong financial and operational performance in 2018, posting a total income of 285.4 million dollars. Afreximbank’s President, Prof. Benedict Oramah highlighted this on...

NSE: Investors lose N8 billion, as Market capitalisation slides to N12.878trn

Economy5 years ago

NSE : Trading closes on negative note, market capitalisation loses N18bn

…As Afreximbank inaugurates $15m facility to increase viability, bankability of African projects*** Activities on the Nigerian Stock Exchange (NSE) reversed to the negative territory on Wednesday...

3 abducted Obasanjo Farm’s workers regain freedom

Education6 years ago

Free Education: Obasanjo, Sachs, Afreximbank to launch Africa’s education fund

Former President Olusegun Obasanjo, Prof. Jeffrey Sachs and the African Export Import Bank (AFREXIMBANK) on Saturday in Bali, Indonesia committed to launch the Education Fund for...