By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Shore AfricaShore AfricaShore Africa
Notification Show More
Font ResizerAa
  • Hot News
  • Tourism
  • Entertainment
  • Business
  • Luxury
  • Exclusive
  • Sports
  • Technology
Reading: Afreximbank unveils new firm to boost intra-African trade
Share
Font ResizerAa
Shore AfricaShore Africa
Search
  • Hot News
  • Tourism
  • Entertainment
  • Business
  • Luxury
  • Exclusive
  • Sports
  • Technology
Have an existing account? Sign In
Follow US
Shore Africa > Hot news > Business > Afreximbank unveils new firm to boost intra-African trade
AFREXIM BANK BUILDING
BusinessHot News

Afreximbank unveils new firm to boost intra-African trade

Afreximbank launches African Trade and Distribution Company to expand intra-African trade in minerals, goods, and logistics.

Timilehin Adejumobi
Last updated: September 16, 2025 7:45 pm
Timilehin Adejumobi Published September 16, 2025
Share
AFREXIM BANK BUILDING
SHARE

At a Glance


  • Afreximbank launches African Trade and Distribution Company to boost intra-African trade. 
  • New ATDC subsidiary secures $3 billion mineral, oil trade deals across Africa. 
  • Partnerships with AfCFTA, Arise, and regional firms strengthen supply chains and logistics.

The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC), a new vehicle designed to expand large-scale trade in raw materials, minerals, and manufactured goods across Africa. 

The initiative was established through the bank’s Fund for Export Development in Africa (FEDA) in partnership with Arise Integrated Industrial Platforms, Equitane DMCC, and the African Continental Free Trade Area (AfCFTA) Secretariat. 

Afreximbank has pledged $1 billion in funding to back ATDC’s activities, including investments in value-added goods, logistics and distribution networks, and support for its subsidiaries’ operations.

Afreximbank Trade Center

Launch event in Algiers 

The official launch took place during the ongoing Intra-Africa Trade Fair 2025 in Algiers, Algeria.

Afreximbank President and Chairman Benedict Oramah led the event, joined by Algeria’s acting Prime Minister, Sifi Ghrieb, along with ministers and government officials from across Africa and the Caribbean. 

“Africa is rich in resources, but for too long our trade has been directed outward,” Oramah said at the event.

“We want to change that by ensuring that value addition and trade happen within the continent, so more Africans benefit directly from our commodities and minerals.”

 Alongside ATDC, the bank introduced ATDC Minerals (ATMIN), a flagship subsidiary focused on the trade and financing of minerals and hydrocarbons.

During the launch of the African Trade and Distribution Company (ATDC) at the 2025 Intra-African Trade Fair in Algiers, Algeria.

Partnerships and deals secured 

ATDC has already signed agreements with firms across sectors including logistics, agriculture, and minerals. These include a collaboration with Arise Integrated Industrial Platforms to supply feedstock for its operations in special economic zones, and a co-investment deal with BSMART Technology Limited to develop digital logistics hubs at major African ports. 

Trade agreements were also reached with Export Trading Group, KK Kingdom Nigeria Limited, and Sunbeth Global Concepts Limited. ATDC is pursuing joint ventures with CBZ Holdings in Zimbabwe and the Nigeria Commodity Exchange to establish national ATDCs in both countries. 

ATMIN, meanwhile, disclosed deals worth about $3 billion, including oil lifting arrangements with the Nigerian National Petroleum Company Limited and Roxzen Nigeria Limited. 

By building this network of partnerships, Afreximbank aims to strengthen intra-African supply chains, reduce reliance on external markets, and expand trade opportunities under the AfCFTA framework.

Front view of AfreximBank

You Might Also Like

Nigeria, Kenya lead countries with positive view of China

Naspers becomes Africa’s first $50 billion company

Top 20 most valuable stocks on Casablanca Stock Exchange

Elmenus appoints new CEO as it powers Egypt’s food-tech future

Top 15 African institutions powering sustainability bonds growth

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

TAGGED:AfCFTAAfreximbankAfrican Trade and Distribution Company ATDCATDC MineralsIntra-African Trade Fair 2025
Share This Article
Facebook X Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
LinkedInFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
Casablanca’s 5 most valuable stocks top $50 billion
BusinessHot News

Casablanca’s 5 most valuable stocks top $50 billion

Feyisayo Ajayi Feyisayo Ajayi September 19, 2025
Zimbabwe’s hidden luxury lodges along lake Kariba
From street to stadium: Africa’s hidden football academies
21 best Cape Town hotels for luxury stays
South Africa’s billionaires face rising pressure as inequality debate deepens
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
- Advertisement -
Ad imageAd image
Mike Adenuga Macron meeting
BusinessExclusive

Chief Mike Adenuga meets President Macron at Élysée Palace

Nigerian billionaire Mike Adenuga held talks with France’s President Emmanuel Macron at the Élysée Palace in Paris, reinforcing diplomatic ties.

Editorial Team Editorial Team December 17, 2025
Bloemfontein, South Africa
LuxuryTourism

Bloemfontein shines as South Africa’s top astro-tourism spot

Bloemfontein attracts travelers with planetariums, observatories, and cultural stargazing experiences.

Timilehin Adejumobi Timilehin Adejumobi December 17, 2025
Rwanda and The Gambia have emerged as clear pace-setters.
BusinessTourism

Rwanda, Gambia take lead in Africa’s intra-travel drive

At a Glance Africa’s long-running effort to make it easier for its people to move across borders is gaining renewed…

Oluwatosin Alao Oluwatosin Alao December 17, 2025
Kenya beverage market
BusinessHot News

Crown Beverages Mauritius targets Kenya’s $3.7 billion beverage market with Pepsi expansion

Crown Beverages ramps up Kenya expansion with Ksh30 million ($190,000) Fizzmas push to win share in the $3.7 billion soft…

Feyisayo Ajayi Feyisayo Ajayi December 17, 2025
La Digue, known for its slow pace and natural beauty, is increasingly being promoted as a cultural hub.
LuxuryTourism

Seychelles elevates cultural tourism through La Digue Creole event

At a Glance The Seychelles is redefining its tourism strategy, moving beyond its famed beaches and resorts to highlight the…

Oluwatosin Alao Oluwatosin Alao December 17, 2025
Mike Adenuga Macron meeting
BusinessExclusive

Chief Mike Adenuga meets President Macron at Élysée Palace

Editorial Team Editorial Team December 17, 2025
Bloemfontein, South Africa
LuxuryTourism

Bloemfontein shines as South Africa’s top astro-tourism spot

Timilehin Adejumobi Timilehin Adejumobi December 17, 2025
Rwanda and The Gambia have emerged as clear pace-setters.
BusinessTourism

Rwanda, Gambia take lead in Africa’s intra-travel drive

Oluwatosin Alao Oluwatosin Alao December 17, 2025

Categories

  • Business
  • Entertainment
  • Exclusives
  • Hot News
  • Luxury
  • Tourism

About US

A premier digital news platform spotlighting Africa’s top companies, business leaders, athletes, musicians, brands, and luxury destinations.

Our Team

Subscribe US

Shore.Africa is owned by Travel Shore, the media brand behind Shore Africa. Subscribe to our newsletter to get our newest articles instantly.

Feyisayo Ajayi 742 Articles
Feyisayo Ajayi is the Publisher and Co-founder of Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.
Omokolade Ajayi 85 Articles
Timilehin Adejumobi 456 Articles
Oluwatosin Alao 133 Articles
- Advertisement -
Ad imageAd image
Mike Adenuga Macron meeting
BusinessExclusive

Chief Mike Adenuga meets President Macron at Élysée Palace

Nigerian billionaire Mike Adenuga held talks with France’s President Emmanuel Macron at the Élysée Palace in Paris, reinforcing diplomatic ties.

Editorial Team Editorial Team December 17, 2025
Bloemfontein, South Africa
LuxuryTourism

Bloemfontein shines as South Africa’s top astro-tourism spot

Bloemfontein attracts travelers with planetariums, observatories, and cultural stargazing experiences.

Timilehin Adejumobi Timilehin Adejumobi December 17, 2025
Rwanda and The Gambia have emerged as clear pace-setters.
BusinessTourism

Rwanda, Gambia take lead in Africa’s intra-travel drive

At a Glance Africa’s long-running effort to make it easier for its people to move across borders is gaining renewed…

Oluwatosin Alao Oluwatosin Alao December 17, 2025
Kenya beverage market
BusinessHot News

Crown Beverages Mauritius targets Kenya’s $3.7 billion beverage market with Pepsi expansion

Crown Beverages ramps up Kenya expansion with Ksh30 million ($190,000) Fizzmas push to win share in the $3.7 billion soft…

Feyisayo Ajayi Feyisayo Ajayi December 17, 2025
La Digue, known for its slow pace and natural beauty, is increasingly being promoted as a cultural hub.
LuxuryTourism

Seychelles elevates cultural tourism through La Digue Creole event

At a Glance The Seychelles is redefining its tourism strategy, moving beyond its famed beaches and resorts to highlight the…

Oluwatosin Alao Oluwatosin Alao December 17, 2025
Mike Adenuga Macron meeting
BusinessExclusive

Chief Mike Adenuga meets President Macron at Élysée Palace

Editorial Team Editorial Team December 17, 2025
Bloemfontein, South Africa
LuxuryTourism

Bloemfontein shines as South Africa’s top astro-tourism spot

Timilehin Adejumobi Timilehin Adejumobi December 17, 2025
Rwanda and The Gambia have emerged as clear pace-setters.
BusinessTourism

Rwanda, Gambia take lead in Africa’s intra-travel drive

Oluwatosin Alao Oluwatosin Alao December 17, 2025

Categories

  • Business
  • Entertainment
  • Exclusives
  • Hot News
  • Luxury
  • Tourism

About US

A premier digital news platform spotlighting Africa’s top companies, business leaders, athletes, musicians, brands, and luxury destinations.

Our Team

Subscribe US

Shore.Africa is owned by Travel Shore, the media brand behind Shore Africa. Subscribe to our newsletter to get our newest articles instantly.

Feyisayo Ajayi 742 Articles
Feyisayo Ajayi is the Publisher and Co-founder of Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.
Omokolade Ajayi 85 Articles
Timilehin Adejumobi 456 Articles
Oluwatosin Alao 133 Articles
© Shore Africa All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?