The African Export-Import Bank (Afreximbank) has embarked on a concept to transform its buildings into iconic business complexes with integrated one-stop trade services shop, the President, Dr. Benedict Oramah, announced in Harare, yesterday. Oramah said at a ceremony where he received the title for land donated by the Government of Zimbabwe for the construction of […]
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The African Export-Import Bank (Afreximbank) on Thursday in Lagos met with leading Nigerian investors to push for strong participation in the bank’s $300 million equity offering. Dr Benedict Oramah, the President of Afreximbank, told the investors that the equity offering would be issued through depository receipts backed by its Class “D” shares for new and […]
Read More Chairman of Heirs Holdings and the Tony Elumelu Foundation, Mr. Tony Elumelu has congratulated Afrexim for the critical support it, provides for African businesses and its significant contribution to the development of cross-border trade and investment in Africa. Speaking at the 24th Annual General Meeting of the organisation in Rwanda, Mr. Elumelu highlighted the role […]
Read More The African Export-Import Bank (Afreximbank) said it has successfully raised $750 million note under its Euro Medium Term Note programme, in a move to boost lending to African borrowers who would enjoy the positive effects of the reduction in cost of funds. As a frontline financial institution in the pursuit of trade and economic integration […]
Read More The African Export-Import Bank (Afreximbank) has successfully closed a record 632.9 million dollars and 499.6 million Euro dual-tenor dual-currency syndicated term loan facility. Afreximbank announced this on Saturday in a statement made available to the News Agency of Nigeria (NAN) in Lagos. It said that the general syndication stage of the 632.9 million dollar and […]
Read More President of African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, has been named African Banker of the Year at the African Banker Awards 2017 ceremony, in India. A statement by Afreximbank, in Lagos, on Wednesday, said that the award was presented on Tuesday at a ceremony on the sidelines of the Annual Meetings of African Development […]
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