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Afreximbank appoints Idrissa Diop as Compliance Director

The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr. Diop, who, until his appointment,...

Market opening must go with industrialization and capacity building – MD...

The Managing Director of the Intra-African Trade Initiative at the African Export-Import (bank (Afreximbank), Kanayo Awani has stated that efforts to achieve market opening...

PAPSS to save Africa over $5billion in payment transaction cost annually

The introduction of the Pan-African Payment and Settlement System (PAPSS) which is a platform that will domesticate intra-regional payments within Africa will save the...

Trade turnover between Africa and Russia to double by 2023

The trade turnover between Russia and Africa will double in the next two years, trade experts have predicted.  Last year, the total export volume...

“Russia & Africa should harness resources for greater economic growth” –...

Africa and Russia must harness their immense resources to foster a greater economic future for their people, Dimitri Medvedev, Chairman of the Government of the...

Afreximbank wins ‘African Bank of the Year Award’

The African Export-Import Bank (Afreximbank) has received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on...

Madagascar president seeks Afreximbank support in country’s industrialisation

President Andry Rajoelina of Madagascar has urged the African Export-Import Bank (Afreximbank) to partner with the government in its effort to make the country...

Second Intra-African Trade Fair to generate $40 billion in trade deals

The second Intra-African Trade Fair (IATF2020) scheduled for September 2020 in Kigali will target the execution of Intra-African trade deals worth more than $40...

Afreximbank closes US$150m Korea-focused club facility

The African Export-Import Bank (Afreximbank) has closed a Korea-focused US$150 million club facility which has Shinhan Bank as coordinator and lender. Other banks participating as...

Two sign €100m loan facility to finance infrastructure projects in Africa

The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of €100 million to finance various infrastructure projects...

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