Tag: Afreximbank

Afreximbank backs $29 million push to transform East Africa’s border trade

Afreximbank backs a $29 million digital customs guarantee for East Africa as EAC trade reaches $52.3 billion in the second quarter of 2026.

Oluwatosin Alao Oluwatosin Alao

Azania Bank secures $10 million Afreximbank facility for Tanzanian SMEs

Azania Bank secures a $10 million facility from Afreximbank to expand SME financing and support Tanzanian exporters.

Timilehin Adejumobi Timilehin Adejumobi

Afreximbank targets $5.18 billion in Angola oil and gas opportunities

Afreximbank is targeting $5.18 billion in Angola oil and gas projects as the country pushes for greater local ownership and investment.

Oluwatosin Alao Oluwatosin Alao

Afreximbank backs Chad with $127 million, its largest financing package

Afreximbank Chad financing reaches $127 million to fund trade, infrastructure and economic diversification projects in 2026.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe’s CBZ Bank secures $190 million Afreximbank funding boost

CBZ Bank Afreximbank funding reaches $190 million, boosting Zimbabwe trade finance, SMEs and energy projects to fuel economic growth.

Timilehin Adejumobi Timilehin Adejumobi

Malawi sells gold, seeks $120 million Afreximbank loan to ease fuel crisis

Malawi turns to $120 million Afreximbank loan and gold sales as forex shortages trigger fuel import delays and economic pressure intensifies further

Timilehin Adejumobi Timilehin Adejumobi

Dangote Refinery secures $4 billion loan as Afreximbank underwrites $2.5 billion

Dangote Refinery secures $4 billion loan, with Afreximbank underwriting $2.5 billion to boost exports and expansion plans.

Omokolade Ajayi Omokolade Ajayi

ICIEC and Afreximbank forge deal to deepen Arab–Africa commerce

At a Glance Arab–Africa trade is gaining fresh attention as two major multilateral lenders deepen cooperation aimed at easing financing gaps, reducing market risk and helping businesses operate more confidently across borders. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the African Export-Import Bank (Afreximbank) have signed a new agreement that broadens their collaboration at…

Oluwatosin Alao Oluwatosin Alao

Afreximbank unveils new firm to boost intra-African trade

The initiative was launched under Afreximbank’s FEDA with Arise IIP, Equitane DMCC, and AfCFTA Secretariat.

Timilehin Adejumobi Timilehin Adejumobi