The African Export-Import Bank (Afreximbank) has partnered with the Islamic Trade Finance Corporation (ITFC), and the Arab Bank For Economic Development in Africa (BADEA), to launch a US$1.5-billion Collaborative COVID-19 Pandemic Response Facility (“COPREFA”) to support African economies with rapid financial assistance to reduce the impact of COVID-19. The facility will be accessed by eligible […]
President Muhammadu Buhari (4th right) with Governor of Zamfara State, Bello Muhammad Matawalle (3rd right); Minister of Solid Minerals, Arc. Olamilekan Adegbite (3rd left); President/CEO AfreximBank, Prof. Benedict Oramah (4th left); MD/CEO Heritage Bank Plc, Dr Ifie Sekibo (2nd right); Managing Director, Intra-African Trade Initiative, AfreximBank, Mrs. Kanayo Awani (left); Zamfara State Official, Alhaji Bashir Hadejia (2nd left) and Managing […]
The African Export-Import Bank (Afreximbank), on Wednesday announced the launching of a project preparation facility aimed at increasing the availability of viable, well-prepared projects in Africa and making them bankable and attractive to investors. The pan-Africa trade bank, tagged ‘Afreximbank Project Preparation Facility (APPF)’ stated that the facility was launched in Johannesburg, South Africa, on […]
The African Export-Import Bank (Afreximbank) on Wednesday said that Africa required structured finance for effective financial trade to overcome uncertainty and economic difficulty to boost trade in the continent. A statement issued by the bank’s Head of Media, Obi Emekekwue, quoted the Afreximbank President, Benedict Oramah, as saying that expertise in financial trade was in […]