By George Ozalla The African Export-Import Bank (Afreximbank) and the Development Bank of Southern Africa (DBSA) have established a US$20 million Joint Project Preparation Facility (JPPF) to support the development of major infrastructure and industrial projects in South Africa and the wider Southern African region. The two financial institutions signed the Joint Project Preparation Facility […]
Agriculture Summit Africa: Sterling Bank, Stakeholders Seek Food Power for Africa
By George Ozalla Africa must move from food security to food power by building stronger agricultural value chains, expanding access to finance, improving market connections and investing in the infrastructure required to turn its vast agricultural resources into economic strength, stakeholders at the ninth Agriculture Summit Africa have said. The two-day summit, convened by Sterling […]
Afreximbank Moves to Boost Angola’s Local Content
By George Ozalla The African Export-Import Bank (Afreximbank) has brought government agencies, financial institutions, indigenous companies and other players in Angola’s oil and gas industry together to look at ways of improving access to finance for local businesses. The bank hosted a Local Content Development Forum in Luanda on September 9, 2026, with discussions centred […]
Africa Must Close Market Access, Finance Gaps To Boost Intra-African Trade, Says Awani
By George Ozalla The African Export-Import Bank (Afreximbank) has called for stronger efforts to close gaps in market access, trade finance and regulatory information as part of measures to sustain the growth of trade among African countries. Executive Vice-President, Intra-African Trade and Export Development at Afreximbank, Kanayo Awani, made the call while highlighting the growth […]
Afreximbank Posts Strong Half-Year 2026 Performance As Growth, Profitability Rise
By George Ozalla The African Export-Import Bank (Afreximbank) and its subsidiaries have reported a strong financial performance for the first six months of 2026, recording robust growth and profitability despite the challenging economic environment. The bank, in a press release issued on Monday, said the financial results for the six months ended June 30, 2026, […]
CCXI Affirms Afreximbank’s AAA Rating For Second Consecutive Year
By George Ozalla China Chengxin International Credit Rating Co., Ltd. (CCXI) has affirmed the African Export-Import Bank’s (Afreximbank) AAA issuer credit rating with a Stable outlook for the second consecutive year. The latest rating affirmation underscores the financial strength and strategic importance of the pan-African multilateral financial institution, while indicating continued confidence in its ability […]
Afreximbank Secures $1.5bn Eurobond In Record Issuance
By George Ozalla The African Export-Import Bank (Afreximbank) has successfully raised US$1.5 billion through a dual-tranche senior unsecured benchmark Eurobond, marking the largest bond issuance in the history of the pan-African financial institution.The landmark transaction also represents Afreximbank’s first public US dollar bond issuance since July 2021, underscoring the bank’s return to the international capital […]
Afreximbank President Tours AMCE, Reaffirms Commitment to Africa’s Healthcare Sovereignty
By George Ozalla Caption. L–R: Olusola Babalola, AMCE Chief Financial Officer, Kudakwashe Matereke, Director, Regional Operations (Anglophone West Africa), Afreximbank; Dr. Aisha Umar, Chief Medical Officer (AMCE), Abuja; Dr. George Elombi, President and Chairman of the Board of Directors, Afreximbank; Brian Deaver, Chief Executive Officer, AMCE; Dr. Gloria Rowland, Chief Nursing Officer, AMCE and Xolani […]
Afreximbank Approves $500m Facility to Support Tunisia’s Economic Priorities
By George Ozalla African Export-Import Bank (Afreximbank) has signed a $500 million term loan facility with the Central Bank of Tunisia, acting on behalf of the Ministry of Finance of the Republic of Tunisia, to support the country’s key socio-economic and fiscal priorities.The agreement was signed at Afreximbank’s headquarters during a meeting attended by the […]
Africa’s Economic Future Depends on Removing Financial Barriers, Says Elombi
By George Ozalla The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Dr. George Elombi, has said Africa’s economic future will be shaped by its ability to eliminate financial barriers that continue to slow down trade across the continent.Elombi made the assertion as Afreximbank intensified efforts to deepen digital […]
