Nigeria has emerged as the largest recipient of African Export-Import Bank (Afreximbank) financing, securing a cumulative disbursement of approximately $52 billion. The President and Chairman of...
The African Export-Import Bank (Afreximbank) has announced plans to invest a sum of $200 million in the Nigerian creative industry. The latest development was made known...
Investors in Nigeria’s modular refineries are actively engaging with the African Export-Import Bank (Afreximbank) to secure a portion of the $18 billion fund earmarked by the...
Nigeria has successfully secured a significant oil-backed loan worth $1.05 billion from the African Import Export Bank. The syndicated loan, set to be disbursed next month,...
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is...
Nigeria’s Oando Plc has inked a landmark $800 million deal with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair in Cairo,...
The African Export-Import Bank (AFREXIM) finds itself in a financial conundrum as it attempts to fulfill its commitment to provide a $3 billion loan to the...
Afrexim Bank has turned to oil traders to secure a crucial $3 billion loan for the state oil company NNPC LTD, sources close to the matter...
The remaining $35 million is being financed through Banque pour le Commerce et l'Industrie Mer Rouge (BCIMR) of Djibouti.
Afrexibank has launched its payment services ‘AFPAY’ to enhance international trade and profitability