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Afreximbank, ITFC, and Badea launch COVID-19 pandemic response facility in Africa

News | E-invoicing, SCF & E-procurement | 10 Nov 2020

The African Export-Import Bank (Afreximbank) has announced a new USD 1.5 billion pandemic response facility in a partnership with the ITFC and Badea, according to Global Trade Review.

Afreximbank, ITFC, Badea, COVID-19, Africa, partnership, financial assistance, COPREFA, funding

Afreximbank announces agreement with the International Islamic Trade Finance Corporation

News | E-invoicing, SCF & E-procurement | 27 Nov 2019

The African Export-Import Bank (Afreximbank) has sealed an agreement with the International Islamic Trade Finance Corporation (ITFC) to receive a USD 100 million credit facility in order to promote Arab-Africa trade and investments.

Afreximbank, agreement, International Islamic Trade Finance Corporation, finance

Afreximbank supports intra-regional trade with USD 25 bln

News | E-invoicing, SCF & E-procurement | 24 Jun 2019

African Export-Import Bank has disbursed USD 8 bln out of the USD 25 bln it planned on a revolving basis to support intra-regional trade between 2017 and 2021.

Afreximbank, African Export-Import Bank, trade finance, trade finance credit facility, trade finance platform, Africa, South Africa, Gabon, Cote dIvoire, Nigeria, Malawi, Togo, Kenya, intra-regional trade

South Sudan secures USD 500 mln financing from Afreximbank

News | E-invoicing, SCF & E-procurement | 16 Apr 2019

South Sudan has received a USD 500 million financing facility from African Export-Import Bank (Afreximbank), to fund power transmission, infrastructure and farming projects.

South Sudan, banking, financing , Afreximbank, Africa

Afreximbank sets up USD 100 million export fund for African SMEs

News | E-invoicing, SCF & E-procurement | 05 Feb 2019

The Fund for Export Development in Africa, a subsidiary of Afreximbank, has been set up to implement the bank’s Equity Investment Programme.

Afreximbank, The Fund for Export Development in Africa, trade finance fund, funding, investment fund, Africa, Egypt, small and medium sized enterprises, Equity Investment Programme

Afreximbank, AGF sign USD 30 mln facility for African SMEs

News | E-invoicing, SCF & E-procurement | 31 Dec 2018

The African Export-Import Bank and African Guarantee Fund have signed an agreement for a USD 30 mln re-guarantee facility in support of African SMEs.

The African Export-Import Bank, Afreximbank, African Guarantee Fund, re-guarantee facility, funding, trade finance, Africa, SMEs, long-term financing, African trade, trade development

Afreximbank, UKs CDC Group sign USD 100 mln agreement for trade

News | E-invoicing, SCF & E-procurement | 12 Nov 2018

The African Export-Import Bank and UK’s CDC Group have signed a master risk participation agreement to support the bank’s Trade Facilitation Programme.

Afreximbank, UK, CDC Group, trade finance, trade facilitation programme, irrevocable reimbursement undertakings, Africa

Afreximbank introduces trade facilitation programme

News | E-invoicing, SCF & E-procurement | 06 Nov 2018

The African Export-Import (Afrexim) bank has introduced a trade facilitation programme aimed at closing the gap inherent in Africa’s trade financing.

Afreximbank, Nigeria, trade finance, Africa, trade facilitation programme, Afrexim, Omotola, Uche Jombo, Ini Edo