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AFREXIMBANK

News and anlysis about AfreximBank

The Bank of Agriculture (BOA) has secured a $1 billion intervention fund aimed at transforming the fortunes of smallholder farmers and enhancing the entire agricultural value chain from primary production to market access. 
African financial powerhouses have unveiled plans to mobilise more than $100 billion for green initiatives across the continent, in a bold push to drive sustainable economic growth and reposition Africa in the global climate economy. 
The Fourth AfriCaribbean Trade and Investment Forum (ACTIF2025) concluded with over $300 million in investment and trade deals sealed. 
The African Export-Import Bank (Afreximbank) has announced the signing of a $1.35 billion financing facility in favour of Dangote Industries Limited (DIL).  
Global credit rating agency, Moody’s, has downgraded the long-term issuer and senior unsecured ratings of the African Export-Import Bank (Afreximbank) from Baa1 to Baa2, while revising the outlook from negative to stable.  
Afreximbank, the British Council, AU GIZ and MTN Foundation are among over 50 institutions working through the Africa...
The Executive Vice President, Governance, Legal & Corporate Services at the African Export-Import Bank (Afreximbank), Dr. George Elombi, has explained why Fitch Ratings’ assessment of the bank's loans to African nations remains a "contradiction" from the bank’s perspective. 
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a bold new vision...
The African Export-Import Bank (Afreximbank) says it is targeting "billions of dollars" in funding deals during its 32nd Annual Meetings (AAM2025), slated to be held in Abuja, Nigeria's capital, from 25–27 June 2025. 
The African Export-Import Bank (Afreximbank) has challenged Fitch Ratings’ recent decision to revise its outlook on the institution to negative, asserting that its financial position remains robust and its legal framework shields it from the risks cited by the rating agency. 
President Bola Ahmed Tinubu on Thursday officially commissioned the African Medical Centre of Excellence in Abuja, describing the project as a monument to African resilience and innovation, and a bold step toward Nigeria’s emergence as a global healthcare hub. 
A total of 22 Nigerian commercial banks have now joined the Pan-African Payment and Settlement System to facilitate cross-border payments across the continent.