Tag: Afreximbank

AfDB approves $450m trade finance package for Afreximbank  

The package aims to boost intra-African trade and promote regional integration

Shaimaa Al-Aees Shaimaa Al-Aees

AFREXIMBANK plans to increase its capital to $400m during 2017

The African Export–Import Bank (AFREXIMBANK) aims to increase its capital by $300-400m…

Ahmed Farahat Ahmed Farahat

Afreximbank funds EGPC with $200m

The African Export–Import Bank (Afreximbank) signed a credit facility agreement worth $200m…

Daily News Egypt Daily News Egypt

Afreximbank lends ETHYDCO $75m facility to support its expansion

The facility is dedicated to building an ethylene factory and natural gas…

Daily News Egypt Daily News Egypt

Afreximbank launches strategy to grow intra-African trade by 50% by 2021

The strategy would allow the expansion of domestic trade value chains, strengthening…

Shaimaa Al-Aees Shaimaa Al-Aees

Congo formalises Afreximbank membership to boost intra-African trade

In 2013, Afreximbank had disbursed over $ 220m to Congolese entities, says…

Shaimaa Al-Aees Shaimaa Al-Aees

Afreximbank puts annual financing to African businesses at $15bn

Bank’s financial support to Egypt includes a $500m facility to help Egyptian…

Daily News Egypt Daily News Egypt

Intra-African economic integration essential to speed up global growth: Salman

It is necessary to exploit African capital to invest inside the continent,…

Mohamed Ayyad Mohamed Ayyad

Amid stalled import operations, Afreximbank-CBE agreement to provide $500m in facilities

The Afreximbank facility is part of a $3.5bn financing programme, approved by the…

Daily News Egypt Daily News Egypt

Egypt committed to reforms, sustainable stability, growth: Afreximbank Chairman

Bank earmarked between $50-100m as initial funding for local banks and factoring…

Shaimaa Al-Aees Shaimaa Al-Aees