The bank’s assets grew 15% to $15 billion in 2018 Kampala, Uganda | ISAAC KHISA | Shareholders of Africa Import-Export Bank (Afreximbank) are set to earn $69million as dividends following record growth in profits in 2018. Last year, shareholders earned $57.53million. The decision was reached during the Annual General Meeting …
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Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …
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Moscow, Russia | Isaac Khisa | The Afreximbank Strategy for Export Trading Companies was launched in Moscow on June 20, during the open Russia–Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. The panellists included Managing Director of Afreximbank Intra-African …
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Moscow, Russia | ISAAC KHISA | Africa and Russia must harness their immense resources to foster a greater economic future for their people, the chairman of the Government of the Russian Federation, Dimitri Medvedev said in Moscow, Russia. Medvedev, who was speaking during the Annual General Meeting of Shareholders of …
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Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) yesterday in Malabo received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank. Amr Kamel, Afreximbank’s Executive Vice President …
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Kampala, Uganda | THE INDEPENDENT | The second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali from 1 to 7 September 2020 will target the execution of Intra-African trade deals worth more than $40 billion, President of the African Export-Import Bank, Prof. Benedict Oramah, said. Prof. Oramah …
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Washington, US | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address …
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Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank has released its abridged audited financial statements for the year ended 31 December 2018, showing strong financial and operational performance, with total comprehensive income for the year amounting to $285.4 million. The total comprehensive income reflects a …
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Kampala, Uganda | Isaac Khisa | African multilateral lender, African Export-Import Bank (Afreximbank) has made the case for factoring as a viable and sustainable solution to address the challenge of access to financing which is hindering the growth of Africa’s small and medium-scale enterprises (SMEs). Factoring is a financial transaction …
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Kampala, Uganda | THE INDEPENDENT | Registration for the 2019 Annual Meetings of the African Export-Import Bank (Afreximbank), which will be held in Moscow, has opened, according to information released today by the Bank. Afreximbank announced in Cairo that intending participants for the meetings, dubbed AAM2019, could register by visiting …
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