Mars E&P secures $274 million facility from Afreximbank

Mars Exploration & Production Company Limited has secured a USD 274 million senior reserve-based lending facility from Afreximbank. Signed yesterday ...

Afreximbank’s loan approvals to Nigeria rises to $5.5 billion 

by Ubah Jeremiah Ifeanyi

October 19, 2021

Afreximbank's total loan approvals to Nigeria has now reached $5.5 billion, accounting for 26.8% of its  African portfolio. This was ...

Power: Mambilla Power Project not prioritised by Ministry of Power for 2021 Budget - Finance Minister

FG releases N29.1 billion advance for deployment of Covid-19 vaccines

by Chike Olisah

May 7, 2021

The FG has announced the release of N29.1 billion to the NPHCDA as an advance for the operational cost of ...

Pipeline Vandalism: Stakeholder collaboration, critical to tame menace - Kyari

Afreximbank President reveals ways Nigeria can boost diaspora participation in economy

by Chike Olisah

March 9, 2021

Afreximbank President has suggested ways that Nigeria can boost diaspora participation in the country’s economy.

Afreximbank set to commit $200 million to Africa’s export fund

by Johnson Uche

February 20, 2021

Afreximbank is set to commit $200 million to support the Fund for Export Development in Africa.

UBA reiterates importance of small businesses, hosts MSME workshop

Afreximbank disburses $250 million to TNOG to acquire 45% stake in oil lease

by Chike Olisah

January 28, 2021

Afreximbank has announced the disbursement of $250 million support to TNOG to acquire a 45% stake in OML 17.

Covid-19: AstraZeneca vaccine gets huge boost, produces immune response in elderly, Vaccine, COVID-19: Russia to roll out vaccine in September ahead of the West

African Union secures 270 million Covid-19 vaccine doses from drugmakers

by Chike Olisah

January 14, 2021

The AU has secured 270 million Covid-19 vaccine doses for the continent from drug manufacturers Pfizer, AstraZeneca and Johnson & ...

Border Closure: Afreximbank boss demands use of Blockchain technology, , Afreximbank bags $100 million credit facility, Afreximbank pledges $500 million to support African creative products

AfDB, Afreximbank and FCI partner to support emerging factoring firms in Africa

by Johnson Uche

January 11, 2021

AfDB, Afreximbank & FCI are partnering to launch a major Grant to support the capacity building of factoring firms in ...

Africa to spend $9 billion on Covid-19 vaccine, access to supply is big problem

by Chike Olisah

December 23, 2020

Africa would need about $9 billion as funding to purchase enough of Covid-19 vaccines.

AfCFTA: Factoring is a viable alternative funding for SMEs – Kanayo Awani, AfreximBank

by Johnson Uche

December 16, 2020

AfreximBank is ready to support factoring as a viable alternative source of funding for the SMEs in Africa.

Tag: AfreximBank