Business

Afreximbank appoints Awani Executive Vice President, Intra-African Trade Bank

African Export-Import Bank (Afreximbank), on Monday, in Cairo, Egypt, announced the appointment of Kanayo Awani to the position of Executive Vice President of the Intra-African Trade Bank (INAT) with effect from July 1, 2022. According to a press release, the appointment follows a decision by Afreximbank’s Board of Directors on June 13, 2022, to approve […]

Business

FY’21: Afreximbank grows assets to $22bn

African Export-Import Bank group (Afexim bank)’s total assets grew by 13.4 per cent from $19.3 billion as of December 31, 2020 to about $22 billion as at December 31, 2021, the continental development bank announced. The bank stated this in a financial statement, saying the group’s total assets grew by 13.4 per cent from $19.3 […]

Health

Afreximbank, FG begin construction of $300m African Medical Centre of Excellence 

  Regina Otokpa, Abuja The Federal Government in partnership with  the African Export-Import Bank (Afreximbank) has commenced constriction of the first African Medical Centre of Excellence (AMCE) estimated to cost $300 million, with the view to ensuring health security in the country. The Centre aims to provide a world class 500 bed facility in partnership with […]

Business

AFD, AfreximBank seal €150m pact on climate finance

Agence Française de Développement (AFD) and the African Export- Import Bank (AfreximBank) have announced a new facility agreement for a 150 million financing programme to support Afreximbank in the implementation of its new climate finance strategy which will target green, low carbon, socially inclusive and more resilient investments across Africa. The agreements were signed by […]

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