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Tag Archives: Afreximbank

Afreximbank pledge $2bn to Africa Health Security Plan

Kampala, Uganda | THE INDEPENDENT | Afreximbank and the Africa Centers for Disease Control and Prevention have announced a new cooperation agreement at the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. Under this partnership, Afreximbank has committed a $2 billion facility to the “Africa Health Security Investment Plan,” …

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Africa Energy Bank awaits two country signatures

Cairo, Egypt | THE INDEPENDENT | The Africa Energy Bank is finally ready for implementation, following the signing of the Establishment Agreement between the Pan-African Bank, Afrexim, and the oil-producing countries of the continent. The agreement between the Africa Petroleum Producers’ Organization (APPO) and the Africa Import and Export Bank (Afreximbank) …

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Afreximbank records US$393.4 million in Q1, 2024

Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank (Afreximbank) and its subsidiaries have reported a 31.73% increase in income to US$393.4 million for the quarter ending March 31, 2024, driven by significant growth in loans and advances. The Group’s interest income surged by 40.07% to US$721.8 million, as the net …

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Afreximbank’s net earnings surge to US$1.4 billion

The bank also marked its 30th anniversary, celebrating three decades of dedication to financing and fostering trade across Africa Kampala, Uganda | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank has recorded a significant leap in its financial performance for the year ended Dec.31, 2023, with net interest income soaring …

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Afreximbank honored with “Sustainable Deal of the Year” Award

Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank has clinched the prestigious “Sustainable Deal of the Year” award for its groundbreaking efforts in establishing the Liquidity and Sustainability Facility (LSF). This recognition, presented by Uxolo Global 2023: Development and Impact Finance and co-hosted by TXF, celebrates Afreximbank’s role in enhancing …

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Afreximbank announces $1-billion African Film Fund

The sector faces several challenges, including limited access to financing and copyright infringement due to weak copyright laws, enforcement mechanisms and a lack of awareness Kampala, Uganda | AGENCIES | Africa’s multilateral lender, African Export-Import Bank, is working on the establishment of a US$1-billion African Film Fund to be launched in 2024 …

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