Afreximbank expands Nigeria’s Intra-African Trade with $1 billion

The African Export-Import Bank (Afreximbank) has inaugurated a one billion dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand trade and investments between Nigeria and the rest of Africa. Prof. Benedict Oramah, Afreximbank’s President said this in a statement on Friday in Abuja. Oramah inaugurated the programme as part of agreement made […]

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Afreximbank backs AfCFTA with $25 billion

The President of African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, has disclosed that about $25 billion will be disbursed by the regional bank in support of intra-African trade during the five years ending in 2021 under an Intra-African Trade Strategy it launched in 2016 in anticipation of the African Continental Free Trade Area (AfCFTA). But […]

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Over $16 billion spent financing Nigerian projects – Afreximbank

The Africa Export/Import Bank (Afreximbank), on Wednesday, revealed it has so far spent over $16 billion in financing various projects in Nigeria since its inception 24 years ago. The Cairo-based bank also said it is collaborating with the Federal Ministry of Health and the Kings College Hospital, London, to build a multi-million dollar specialist hospital […]

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Afreximbank

Afreximbank transform building, announces devt. of trade centres

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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Afreximbank offers Nigerian investors $300 million equity

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 […]

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Afreximbank’s Oramah bags Africa’s Banker of the Year award

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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