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Afreximbank, Sterling Bank Launch 'Payables Finance' in Nigeria

News | Online & Mobile Banking | 02 Apr 2024

The African Export-Import Bank (Afreximbank) has collaborated with Sterling Bank to introduce a new supply chain finance product 'Payables Finance' in Nigeria.

partnership, digital payments, KYC, trade finance

Afreximbank and CDB sign loan for Africa's SMEs

News | Online & Mobile Banking | 29 Aug 2023

African Export-Import Bank (Afreximbank) and China Development Bank have signed a USD 400 million loan to support Africa’s SMEs.

SMEs, SME lending, partnership, financial inclusion, trade finance

Parallex Bank obtains USD 10 million trade finance facility

News | Online & Mobile Banking | 31 Mar 2023

Nigeria-based Parallex Bank has obtained a USD 10 million trade finance facility from the African Export-Import Bank (Afreximbank).

funding, partnership, banks, trade finance

Afreximbank launches Afreximbank Trade Payment Services

News | E-invoicing, SCF & E-procurement | 03 Oct 2022

African Export-Import Bank (Afreximbank) has launched Afreximbank Trade Payment Services (AfPAY) to facilitate the settlement of international trade.

product launch, banks, trade finance, compliance, payments

Afreximbank, APPO to create multi-billion-dollar energy bank

News | E-invoicing, SCF & E-procurement | 17 May 2022

Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO).

trade finance, partnership, investment