Tag: Afreximbank

Afreximbank holds AGM to boost African trade
Global

Afreximbank holds AGM to boost African trade

The African Export-Import Bank (Afreximbank), Africa’s trade finance bank, is hosting a series of events this week in Kigali for its 24th Annual General Meeting (AGM) as a catalyst to boost the African trade agenda. Against a backdrop of trade and economic transformation, the landmark gathering of more than 100 […]

Afreximbank to invest USD500 million in The Gambia
Global

Afreximbank to invest USD500 million in The Gambia

The Africa Import and Export Bank, Afreximbank said it will invest about USD500 million in The Gambia. The pan-African focused development bank said the funds will be directed towards agriculture, infrastructure and tourism sectors of the economy. Afreximbank president Benedict Oramah told journalists after his meeting with President Adama Barrow […]

Afreximbank and Ecobank sign USD500 million trade deal
Big Business

Afreximbank and Ecobank sign USD500 million trade deal

Afreximbank and Ecobank Transnational Incorporated (ETI) have signed a memorandum of understanding (MOU) to promote joint corporate objectives through the financing of private sector projects and trade finance transactions. According to ETI, the agreement will focus particularly on transactions involving trade and investment in Afreximbank member countries where Ecobank also […]