Tag: Trade finance

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 August 10, 2026

Business Hot News

Nigeria’s Bergmans secures $3.1 billion AfCFTA customs project

Bergmans AfCFTA customs project will digitize customs across 50 African countries under a $3.1 billion, 20-year trade deal.

Timilehin Adejumobi August 6, 2026

Business Hot News

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 July 31, 2026

Business Hot News

IFC, Standard Chartered launch $300 million Africa trade finance facility

IFC and Standard Chartered launch Africa trade finance facility to unlock $300 million in supply chain financing across key African markets.

Timilehin Adejumobi June 4, 2026

Business Hot News

AfDB approves $60 million trade facility for Equity Bank to support SMEs

At a Glance The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya, stepping up support for small and medium-sized enterprises as access to credit remains strained across East Africa. For many Kenyan businesses, especially import-dependent SMEs, higher global prices, currency swings and tighter lending conditions have made it harder to finance day-to-day…

Oluwatosin Alao December 26, 2025

ICIEC and Afreximbank officials shake hands in Cairo, marking new partnership to boost Arab–Africa trade and digital finance platforms

Business Luxury

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 November 18, 2025

Tourism Hot News

Top 10 notable banks in Seychelles

Seychelles’ banking sector blends state-owned, regional, and global banks, driving infrastructure, trade, and financial inclusion across the island nation.