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Afreximbank Awarded “Sustainable Deal of the Year” for Pioneering the Liquidity and Sustainability Facility for Africa

The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment...

Niger Delta Power Holding Company Signs Power Purchase Agreements to Boost Electricity Supply

Niger Delta Power Holding Company (NDPHC) has signed bilateral Power Purchase Agreement (PPA) with 12 companies under its Light Up Nigeria (LUN) initiative in...

Ajaokuta-Kaduna-Kano Gas Pipeline to be Ready Next Year

Ajaokuta-Kaduna-Kano (AKK) gas pipeline, which is being developed by the NNPC Limited to transport natural gas from southern to northern Nigeria, will be completed...

Egypt’s President Calls for Consolidated Effort to Promote Intra-African Trade

President Abdel Fattah al Sisi of Egypt, has called on countries across the African continent to consolidate their efforts and promote intra-African trade.President Sisi...

$43 Billion Deals to be Sealed at the Intra African Trade Fair 2023

About $43 billion deals are to be sealed at the Intra African Trade Fair (IATF) 2023 holding in the Egyptian capital of Cairo. President...

NDIC to Pay Additional N16.18b Dividend to Depositors, Creditors of 20 Liquidated Banks

The Nigeria Deposit Insurance Corporation (NDIC) has said that it will pay additional N16.18 billion in liquidation dividends to shareholders and creditors of 20...

Afreximbank, UBA Sign $150m Trade Financing Facility Agreement

The African Export Import Bank (Afreximbank) and United Bank for Africa Plc have signed a $150 million Trade Financing Facility agreement to support UBA’s...

AfCFTA can Break Africa’s Colonial Legacy of Exporting Raw Materials – Ekra

Jean-Louis Ekra, Deputy Chairperson of the Intra-African Trade Fair (IATF2023) Advisory Council and a former President of the African Export-Import Bank (Afreximbank), has said...

Afreximbank Launches Scheme to Promote Movement of Goods Across National Borders

…… To save Africa US$300 million annually in transit costs The African Export-Import Bank (AFREXIMBANK) has launched the African Collaborative Transit Guarantee Scheme (AATGS) to...

Afreximbank, Anambra State Sign $200m Development Agreement

Africa Export-Import Bank (Afreximbank) on Friday signed two financial advisory mandates with the Anambra State Investment Promotion and Protection Agency. The signing ceremony took place...

71 Firms Back Intra-African Trade Fair 2023

The African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has announced...

Afreximbank to Launch $1billion African Film Fund in 2024

The African Export-Import Bank (Afreximbank) is launch a $1-billion African Film Fund in 2024 to support the continent’s film industry. This was disclosed by...

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