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AFREXIMBANK

News and anlysis about AfreximBank

Afreximbank Research has explained why the ongoing trade shift between the United States of America and China will have a limited impact on African countries, noting that the continent only has 17% trade exposure to both countries. 
The African Export-Import Bank (Afreximbank) is inviting students and recent graduates to gain hands-on experience in trade, finance, and economic development through its competitive 6-month Internship Program. 
The African Export-Import Bank (Afreximbank) has called for improved investment in manufacturing and infrastructure in Africa, saying such will unlock the continent’s economic potentials. 
Nigeria’s economy is expected to grow at a faster pace, with real GDP projected to rise from 3.0% in 2024 to 3.6% in 2025, according to new projections by Afreximbank Trade Intelligence Solutions. 
The African Export-Import Bank (Afreximbank) and the Pan-African Payment and Settlement System (PAPSS) have formed a strategic partnership with the Caribbean Community (CARICOM) and the Intra-Regional Payment Committee to facilitate seamless cross-border payments. 
Nigeria, alongside nine other African countries, accounts for 69 per cent of the continent’s total external debt stock, according to a new report by the African Export-Import Bank (Afreximbank).  
The Secretary to the Government of the Federation, Senator George Akume, has stated that "cutting-edge medical services" are expected following the planned launch of the African Medical Centre of Excellence (AMCE) in Abuja in June 2025 by the African Export-Import Bank (Afreximbank). 
The African Export-Import Bank (Afreximbank) plans to support Nigerian airlines with 25 aircraft via a leasing subsidiary, using dry lease financing to boost their competitiveness.  
The African Export-Import Bank (Afreximbank) has listed unreliable electricity supply, poor transportation networks, and insufficient water and sanitation facilities as part of the barriers against Industrial Parks' development and functionality in Africa. 
The African Export-Import Bank (Afreximbank) has announced that the first African Medical Centre of Excellence (AMCE), located in Abuja, Nigeria, will commence operations in June 2025. 
The African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility for BUA Industries Limited (BIL) to support its expansion efforts. 
The Federal Government of Nigeria has secured $200 million investment from the African Export–Import Bank (Afreximbank) to boost the nation’s creative industry.