Financiers for Ghana’s new Ship Repair Dock Project
05 june 2024 - 10:43:54Accra, Ghana (PANA) - A consortium, including the African Development Bank (AfDB), has signed an agreement to extend $94 million [...] Full text...
thread Economy
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AfDB approves €24 million loan to Côte d’Ivoire to improve fisheries and aquaculture sectors
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Senior US diplomat participates in Dakar Biennale
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Accra, Ghana (PANA) - A consortium, including the African Development Bank (AfDB), has signed an agreement to extend $94 million [...] Full text...
African countries eye booming electric vehicle, clean energy market, worth trillions of dollars
25 october 2023 - 09:53:52Abidjan, Cote d'Ivoire (PANA) - The International Energy Agency projects that manufacturers of clean energy technologies will need 40 times [...] Full text...
thread Economy
Morocco to host the 2023 Africa Investment Forum in November
09 september 2023 - 15:06:57Rabat, Morocco (PANA) - Morocco will on 8-9 November be hosting the 2023 edition of the Africa Investment Forum (AIF) [...] Full text...
thread Economy
ECOWAS Investment Bank signs three loan agreements worth over $51 million
22 june 2023 - 15:05:16Ouagadougou, Burkina Faso (PANA) - The ECOWAS Bank for Investment and Development (EBID) on Tuesday in Accra, Ghana, signed three [...] Full text...
thread Economy
AfDB says Africa has necessary partnerships, technologies to eradicate hunger
06 june 2023 - 06:37:02Durban, South Africa (PANA) - African Development Bank (AfDB) President, Dr. Akinwumi Adesina, says Africa has the necessary partnerships and [...] Full text...
thread Society
Africa Investment Forum showcases $1.475 billion in green, renewable energy deals
24 may 2023 - 06:01:20Sharm El Sheikh, Egypt (PANA) - The Africa Investment Forum has presented four renewable energy and sustainability projects worth nearly [...] Full text...
thread Economy
African Union promotes agricultural processing to boost continental free trade
24 february 2023 - 23:42:55Addis Ababa, Ethiopia (PANA) - The African Union has reached out to potential investors to promote the implementation of the [...] Full text...
thread Economy
Afreximbank launches $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa
06 april 2022 - 12:44:27Cairo, Egypt (PANA) – The Board of Directors of African Export-Import Bank (Afreximbank), a Pan-African multilateral financial institution mandated to finance and [...] Full text...
thread Economy
US$40 billion in partnership agreements expected at third intra-African trade fair
28 march 2022 - 20:01:36Abidjan, Cote d'Ivoire (PANA) - Patrick Jérôme Achi, the prime minister of Côte d'Ivoire, Monday expressed delight that partnership agreements [...] Full text...
thread Economy
Intra-African Trade Fair a reality of structural transformation - Ivorian minister
28 march 2022 - 19:44:08Abidjan, Cote d'Ivoire (PANA) - The Intra-African Trade Fair (IATF) will lead to the structural transformation of the African economy, [...] Full text...
thread Economy
More than 15,000 participants expected at Abidjan Intra-African Trade Fair in 2023
26 march 2022 - 17:25:56Abidjan, Cote d’Ivoire (PANA) - More than 15,000 participants are expected to attend the third edition of the Intra-African Trade [...] Full text...
thread Economy
Afreximbank urges Africa to abolish its 110 borders
26 march 2022 - 13:42:38Abidjan, Cote d'Ivoire (PANA) - The Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Professor Benedict [...] Full text...
thread Economy
Abidjan to host 3rd Intra-African Trade Fair in November 2023
25 march 2022 - 13:15:00Abidjan, Côte d’Ivoire (PANA) - The third edition of the Intra-African Trade Fair (IATF) will take place from 21 to [...] Full text...
thread Economy
Afreximbank calls on African governments to mobilise around AVAT compensation initiative
23 march 2022 - 15:57:23Abidjan, Cote d’Ivoire (PANA)- Professor Benedict Oramah, Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), on [...] Full text...
thread Health
Coronavrus: African Vaccines Trust to launch compensation scheme
22 march 2022 - 14:03:06Abidjan, Cote d’Ivoire (PANA) - The African Vaccine Acquisition Trust (AVAT) will launch a No-Fault Compensation Scheme (NFCS) for COVID-19 vaccines in [...] Full text...
thread Health
Coalition holds workshop on validation of technical documents on vaccine research, manufacturing in Africa
28 october 2021 - 21:17:06Cotonou, Benin (PANA) - The Coalition for Dialogue on Africa (CoDA) Thursday began a two-day workshop to review and validate [...] Full text...
thread Health
Health leaders call for acceleration of vaccination globally, particularly in Africa
14 september 2021 - 21:26:24Geneva, Switzerland (PAA) - WHO Director-General Dr. Tedros Adhanom Ghebreyesus and a group of global health leaders Tuesday issued an urgent call [...] Full text...
thread Health
Coronavirus: France to deliver 10 million doses of vaccine to Africa
31 august 2021 - 18:47:59Cotonou, Benin (PANA) - France will soon deliver to African countries 10 million additional doses of AstraZeneca and Pfizer vaccines [...] Full text...
thread Health
Coronavirus: AU to receive additional 10 million vaccines from French government
30 august 2021 - 18:04:43Addis Ababa, Ethiopia (PANA) - African countries will receive 10 million doses of Astra Zeneca and Pfizer COVID-19 vaccines over [...] Full text...
thread Health
Coronavirus: AU begins monthly shipments of vaccines
05 august 2021 - 13:30:52Addis Ababa, Ethiopia (PANA) – The African Union (AU) is on Thursday beginning its monthly shipments of vaccines acquired by the [...] Full text...
thread Health
Coronavirus: Standard Chartered, Afreximbank sign agreement to support African vaccine programme
16 july 2021 - 12:28:54Cairo, Egypt (PANA) – African Export-Import Bank (Afreximbank) and Standard Chartered have signed an agreement for US$200 million to finance [...] Full text...
thread Health
Afreximbank, ACBF cooperate in Africa trade promotion
13 july 2021 - 17:38:47Harare, Zimbabwe (PANA) - Africa Export-Import Bank (Afreximbank) and the African Capacity Building Foundation (ACBF) have signed an agreement to [...] Full text...
thread Economy
African Union backs local production of vaccines in Africa (By Kennedy Abwao, PANA correspondent)
22 june 2021 - 10:59:44Benin City, Nigeria (PANA) – The African Union has voiced support for efforts to establish a continent-wide vaccine research and [...] Full text...
thread Health
Coronavirus: World Bank, AU to support rapid vaccination for up to 400 million people in Africa
22 june 2021 - 07:30:30Addis Ababa, Ethiopia (PANA) - African Finance Ministers and the World Bank Group met on Monday to fast track vaccine [...] Full text...
thread Health
Nigeria hosts meeting to map out plan for vaccine manufacturing in Africa
20 june 2021 - 16:10:13Benin City, Nigeria (PANA) - Nigeria’s private sector is ready to join manufacturers of pharmaceutical products working in association with [...] Full text...
thread Health
World Bank to partner with African Union in securing more coronavirus vaccines
15 june 2021 - 16:18:58Addis Ababa, Ethiopia (PANA) - World Bank President David Malpass and senior managers, including Axel van Trotsenburg and Makhtar Diop, [...] Full text...
thread Health
AfDB, IFAD and partners redouble efforts to stop hunger in Africa
29 april 2021 - 19:47:16Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD), in partnership [...] Full text...
thread Agriculture
African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19
22 april 2021 - 14:03:53Abidjan, Cote d’Ivoire (PANA) - Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, [...] Full text...
thread Economy
Nigeria's Federal Executive Council approves US$1.5 billion for rehabilitation of Port Harcourt Refinery
17 march 2021 - 21:12:23Abuja, Nigeria (PANA) - The 38th virtual meeting of the Federal Executive Council (FEC) has approved US$1.5 billion for the [...] Full text...
thread Economy
Coronavirus: Zambia allocated 8.7 million vaccine doses: Official
24 january 2021 - 16:01:30Lusaka, Zambia (PANA) - Zambia has been allocated 8.7 million doses of COVID-19 vaccines under a facility being pioneered by [...] Full text...
thread Health
Coronavirus: AU firms up plan to secure 270 million doses of vaccine
19 january 2021 - 20:46:39Addis Ababa, Ethiopia (PANA) - The African Union’s Africa Vaccine Acquisition Task Team (AVATT) has secured 270 million doses of [...] Full text...
thread Health
Tunisian Leila Mokaddem appointed DG of the AfDB in Southern Africa
07 january 2021 - 17:57:55Tunis, Tunisia (PANA) - In a statement issued on Thursday, the African Development Bank Group announced the appointment of Tunisian [...] Full text...
thread Economy
Coronavirus: Africa trade to drop drastically due to lockdowns - Afreximbank
16 december 2020 - 19:48:58Cairo, Egypt (PANA) - African trade is expected to contract significantly following the closure of borders, air transport and the [...] Full text...
thread Economy
Afreximbank expands trade finance services
16 december 2020 - 14:43:37Cairo, Egypt (PANA) – The Africa Export and Import Bank (Afreximbank) has increased the number of Central Banks and commercial [...] Full text...
thread Economy
Coronavirus:. Africa's efforts to obtain vaccine funding promising - Africa CDC
11 december 2020 - 20:26:35Addis Ababa, Ethiopia (PANA) - The African Union's Centre for Disease Control and Prevention (Africa CDC) said the prospects for [...] Full text...
thread Health
Coronavirus: Africa CDC intensifies vaccine readiness plan
27 november 2020 - 00:01:02Addis Ababa, Ethiopia (PANA) - The African Union’s Centre for Disease Control and Prevention (Africa CDC) said here Thursday it [...] Full text...
thread Health
AU honours President Issoufou for his contribution to industrial development in Africa
21 november 2020 - 17:23:45Niamey, Niger (PANA) - Nigerien President Issoufou Mahamadou, also champion of the African Continental Free Trade Area (AfCFTA), was on [...] Full text...
thread Economy
Africa needs urgent trade finance boost in the wake of COVID-19 - Report
19 september 2020 - 05:18:14Abidjan, Cote d'Ivoire (PANA) - There is an urgent need for financing to re-energize Africa’s trade in the wake of [...] Full text...
thread Economy
Coronavirus: Benin gets financial support to establish laboratories to counter COVID-19
29 june 2020 - 22:55:19Cotonou, Benin (PANA) - The programme for Arab-African Trade Bridges (AATB) run by the multinational Islamic Trade Company (ITFC) Monday [...] Full text...
thread Health
Zimbabwe's Finance minister reveals economy near collapse with 20 percent contraction expected (A PANA News Analysis)
01 may 2020 - 06:01:54Harare, Zimbabwe (PANA) - Zimbabwe’s economy is expected to contract by a whopping 20 percent this year as it barrels [...] Full text...
thread Economy
Coronavirus: African Union's Free Trade conference postponed to 2021
30 april 2020 - 13:12:37Cairo, Egypt (PANA) – A major African trade Summit initially set to be held in Kigali, Rwanda, has been postponed [...] Full text...
thread Economy
Rwandan papers focus on response to the coronavirus economic crisis
04 april 2020 - 13:11:14Kigali, Rwanda (PANA) - Rwandan newspapers this week largely focused on ongoing efforts in the country to deal with the [...] Full text...
thread Press Review
Afreximbank extends US$ 500 million credit to Tunisia
04 february 2020 - 16:10:46Tunis, Tunisia (PANA) - The African Import-Export Bank (Afreximbank) will soon sign financing agreements with the public and private sectors [...] Full text...
thread Economy
Ex-Nigerian President Obasanjo says the private sector is the driving force behind AfCFTA
26 november 2019 - 17:20:03Addis Ababa, Ethiopia (NAPA) - The private sector must be the driving force behind the African Continental Free Trade Area [...] Full text...
thread Economy
Dialogue of association of African companies on AfCFTA to open Tuesday in Addis Ababa
25 november 2019 - 21:37:49Addis Ababa, Ethiopia (PANA) – A strategic dialogue of the associations of African companies on the implementation of the African [...] Full text...
thread Economy
An international forum on the African Continental Free Trade Area held in Côte d'Ivoire
10 november 2019 - 13:54:24International forum on African Continental Free Trade Area held in Côte d'Ivoire Abidjan, Côte d'Ivoire (PANA) - The state-run daily, "Fraternité [...] Full text...
thread Economy
Rwanda to host 2nd intra-African trade fair in September 2020
16 october 2019 - 20:13:55Abidjan, Côte d'Ivoire (PANA) - The second edition of the intra-African trade fair (IATF) will be held from 1-7 September [...] Full text...
thread Economy
Washington to host 3rd Annual Babacar N'diaye Conference
07 october 2019 - 13:38:08Abidjan, Côte d'Ivoire (PANA) - The African Export and Import Bank (Afreximbank) is organising the third annual Babacar N'diaye Conference [...] Full text...
thread Economy
UNGA 2019: AfDB announces new accountability index to measure institutional lending to women
03 october 2019 - 18:40:14New York, US (PANA) - A new tool to track the level of lending to women across Africa will be [...] Full text...
thread Gender
Afreximbank to hold trade financing seminar in South Africa
02 october 2019 - 08:48:08Abidjan, Côte d'Ivoire (PANA) - A trade financing seminar, organised by the African Export-Import Bank (Afreximbank), will be held on [...] Full text...
thread Economy
UNDP launches influencer initiative to drive Africans towards the continent's development
14 september 2019 - 14:50:14New York, USA (PANA) - Africa’s private sector and academia together with the Regional Bureau for Africa of the United [...] Full text...
thread Economy
Africa Investment Forum 2019: AfDB delegation presents opportunities at Japan roadshow
13 july 2019 - 07:17:05Tokyo, Japan (PANA) : Japanese companies and investors were presented with a range of investment opportunities in Africa as the [...] Full text...
thread Economy
Africa Investment Forum 2019: Nigeria expected to be major player
13 july 2019 - 07:07:16Abuja, Nigeria (PANA) - Nigeria will feature significantly in the 2019 Africa Investment Forum (AIF), scheduled to take place in [...] Full text...
thread Economy
AfDB urges countries to join Africa50 for a more prosperous Africa
13 july 2019 - 06:58:54Kigali, Rwanda (PANA) - "African governments need to explore innovative technologies to drive transformation on the continent," the Prime Minister [...] Full text...
thread Economy
2nd Intra-African Trade Fair holds in Rwanda September 2020
11 july 2019 - 17:12:49Abidjan, Côte d'Ivoire (PANA) - The second edition of the Intra-African Trade Fair (IATF 2020), organized by the African Export-Import [...] Full text...
thread Economy
Côte d'Ivoire: Afreximbank gives 1 billion dollar to back AfCFTA operational phase
08 july 2019 - 18:48:32Abidjan, Cote d'Ivoire (PANA) - The African import-export bank (Afreximbank) will establish an adjustment facility of one billion dollars to [...] Full text...
thread Economy
Africa enters operational phase of AfCFTA
06 july 2019 - 18:56:14Niamey, Niger (PANA) - Niger's Head of State, Issoufou Mahamadou, on Saturday on the sidelines of the AU Extraordinary Summit [...] Full text...
thread Economy
Zimbabwe gov't pleads with citizens to embrace recent monetary measures
26 june 2019 - 17:17:40Harare, Zimbabwe (PANA) - The Zimbabwean government has called on citizens to support the recent monetary measures that saw the [...] Full text...
thread Economy
Afreximbank wins African Bank of the year 2019
12 june 2019 - 10:57:26Abidjan, Côte d'Ivoire (PANA) - African Export Import Bank (Afreximbank) was on Tuesday named the African Bank the year 2019 [...] Full text...
thread Economy
Côte d'Ivoire releases list of nominees for African Banker 2019 trophies
13 may 2019 - 19:23:45Abidjan, Côte d’Ivoire (PANA) – The list of banking and financial institutions for the African Banker Trophies, at the 13th [...] Full text...
thread Economy
26th Annual Meetings of Afreximbank set for June in Moscow
13 february 2019 - 14:34:30Abidjan, Côte d 'Ivoire (PANA) - The 26th Annual Meetings of the African Export and Import Bank (Afreximbank) will be [...] Full text...
thread Economy
Afrexim Bank commits US$25 billion to support continental free trade zone in Africa
12 december 2018 - 16:30:53Cairo, Egypt (PANA) - Cairo-based African Export and Import Bank (Afreximbank) has pledged a US$25 billion support to intra-African trade [...] Full text...
thread Economy
AU calls for freeze on bilateral free trade agreements ahead of mega free trade zone
12 december 2018 - 15:47:36Cairo, Egypt (PANA) - The African Union Commissioner for Trade, Albert Muchanga, has cautioned countries currently involved in bilateral negotiations [...] Full text...
thread Economy
Africa's biggest trade exhibition event in Cairo aims to excite private mergers, acquisitions
11 december 2018 - 15:06:34Cairo, Egypt (PANA) - Trade exhibitors from around Africa and the world convened in Cairo on Tuesday, for the launch [...] Full text...
thread Economy
EIB, Afreximbank sign deal to prop up trade-related investments in Africa
24 november 2018 - 12:24:23Addis Ababa, Ethiopia (PANA) - The European Investment Bank has signed a 15-year EUR 200 million loan agreement with the [...] Full text...
thread Economy
Africa Investment Forum 2018: a new bold vision tilts capital flows into Africa
15 november 2018 - 13:30:06Abidjan, Cote d'Ivoire (PANA) - “Vision is the art of seeing what is invisible to others,” according to a popular [...] Full text...
thread Economy
Africa Investment Forum: All set to tilt the tide of Investments into Africa
06 november 2018 - 15:25:01Johannesburg, South Africa (PANA) - The Africa Investment Forum (AIF) kicked off on Monday with a media briefing in Johannesburg, [...] Full text...
thread Economy
AU, AfDB, Afreximbank discuss establishment of African Pharmaceutical Development Fund
08 august 2018 - 14:20:32Cairo, Egypt (PANA) - Officials from the African Union (AU), the African Development Bank (AfDB) and the African Import and [...] Full text...
thread Health
AIF Road Show takes place in Cairo
27 july 2018 - 15:39:16Cairo, Egypt (PANA) - Over 80 Egyptian public- and private-sector entities attended the African Investment Forum (AIF) road show organised [...] Full text...
thread Economy
Afrexim Bank president meets South Sudan’s Finance and Planning minister
24 april 2018 - 20:03:44Cairo, Egypt (PANA) - African Export-Import Bank (Afreximbank) President, Dr. Benedict Oramah, has held discussions with South Sudan’s Minister of [...] Full text...
thread Economy
Afreximbank arranges up to US$1.5bn for investment promotion in Zimbabwe
29 march 2018 - 19:05:17Abidjan, Cote d’Ivoire (PANA) – The African Export-Import Bank (Afreximbank) will arrange between US$1 billion and US$1.5 billion of [...] Full text...
thread Economy
Africa’s premier investment marketplace to accelerate continent’s economic transformation
28 march 2018 - 13:50:54Abidjan, Cote d'Ivoire (PANA) - To help Africa find the path to its long-deserved economic fortune, the African Development Bank [...] Full text...
thread Economy
India: AfDB unveils winners of 2017 African Bankers Awards
24 may 2017 - 16:36:05Ahmedabad, India (PANA) - Winners of the 2017 African Banker Awards were announced at a prestigious Gala Dinner in Ahmedabad, [...] Full text...
thread Economy
Cote d'Ivoire: AfDB Chief makes 2 major appointments to management team
29 april 2017 - 14:43:08Abidjan, Cote d'Ivoire (PANA) - The President Akinwumi Adesina of the African Development Bank (AfDB) Group, has announced two major [...] Full text...
thread Economy
Egypt: Burundi joins Afreximbank as participating State
22 march 2017 - 16:44:14Cairo, Egypt (PANA) - Burundi has acceded to the Agreement for the Establishment of the African Export-Import Bank (Afreximbank), making [...] Full text...
thread Economy
Egypt: Afreximbank, Ecobank team up to promote African trade and investment
14 february 2017 - 19:52:10Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI) will promote joint corporate objectives [...] Full text...
thread Economy
US: Chad joins Afreximbank
09 january 2017 - 16:01:00New York, US (PANA) - Chad has become a full member of the African Export-Import Bank (Afreximbank), the continental trade [...] Full text...
thread Economy
US: Afreximbank establishes Africa export development fund
22 november 2016 - 17:44:51New York, US (PANA) - The African Export-Import Bank (Afreximbank) has established a Fund for Africa Export Development to help [...] Full text...
thread Economy
US: Afreximbank, KEXIM sign agreement to boost Africa-South Korea trade
27 october 2016 - 15:48:54New York, US (PANA) - The African Export-Import Bank (Afreximbank) and the Export-Import Bank of Korea (KEXIM) have signed a [...] Full text...
thread Economy
US: Rwandan minister concerned about Africa’s US$50 billion annual losses
27 october 2016 - 15:43:51New York, US (PANA) - The estimated US$50 billion being lost annually by Africa due to illicit financial flows should [...] Full text...
thread Economy
US: Djibouti joins African Export-Import Bank
09 september 2016 - 21:58:14New York, US (PANA) - Djibouti President, Ismail Omar Guelleh, has announced the country’s accession to the African Export-Import Bank [...] Full text...
thread Economy
US: Afrexibank approves US$83 million for African businesses
25 august 2016 - 17:18:13New York, US (PANA) - The African Export-Import Bank (Afreximbank) has approved US$83 million for African businesses engaged in factoring [...] Full text...
thread Economy
US: Africa, China banks sign US$1 billion agreement for industrial parks in Africa
24 july 2016 - 15:19:30New York, US (PANA) - The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China have signed a cooperation [...] Full text...
thread Economy
US: Seychelles to host Africa’s political, business leaders on 18-24 July
01 july 2016 - 15:21:21New York, US (PANA) - Top African political and business leaders, joined by a Nobel laureate and leading international economic [...] Full text...
thread Economy
Egypt: Dangote Group joins Afreximbank
08 june 2016 - 10:01:48Cairo, Egypt (PANA) - The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest entity to join the African [...] Full text...
thread Economy
Egypt: Afreximbank closes historic US$750 million bond issue
23 may 2016 - 06:49:15Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has closed a US$750 million bond after achieving an order book [...] Full text...
thread Economy
Sudan: BADEA gives US$50 million to African Export-Import Bank
29 april 2016 - 11:09:57Khartoum, Sudan (PANA) - The Arab Bank for Economic Development in Africa (BADEA) and the African Export-Import Bank (Afreximbank) have [...] Full text...
thread Economy
South Africa: Private sector develops solutions to weather economic downturn
20 april 2016 - 11:17:57Johannesburg, South Africa (PANA) - Following the drop in commodity prices and demand for Africa's resources by China, African economies [...] Full text...
thread Economy
South Africa: Afreximbank unveils strategy to increase intra-African trade
05 april 2016 - 14:32:32Johannesburg, South Africa (PANA) - The African Export-Import Bank (Afreximbank) is to implement a new strategy aimed at driving industrialization [...] Full text...
thread Economy
Egypt: Afreximbank, Ecobank pledge to promote trade among African countries
10 march 2016 - 13:49:08Cairo, Egypt (PANA) – The African Export-Import Bank (Afreximbank) and the Ecobank rose from a strategy meeting in Cairo, Egypt, [...] Full text...
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Egypt: Afreximbank to help Egypt finance strategic imports with US$500 million
22 february 2016 - 20:05:03Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) have signed an agreement [...] Full text...
thread Economy
UK: Africans urged to increase participation in natural resource sectors
12 february 2016 - 10:23:20London, UK (PANA) - Africans must increase their participation in the continent’s natural resource sectors to boost the amount of [...] Full text...
thread Economy
Egypt: Afreximbank selects Nigeria for rollout of healthcare programme
23 december 2015 - 23:40:46Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has selected Nigeria as one of three countries for the initial [...] Full text...
thread Health
Egypt: Afreximbank to push financing opportunities for Ethiopian businesses
17 december 2015 - 23:56:39Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) plans to hold a business forum in the Ethiopian capital city [...] Full text...
thread Economy
Egypt: Afreximbank closes US$525m syndicated loan to Egyptian utility firm
25 november 2015 - 11:39:14Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) on Wednesday announced the closure of a US$525 million, five-year syndicated [...] Full text...
thread Economy
Nigeria: Africa urged to counter global shocks by using own DFIs
14 november 2015 - 12:28:08Nairobi, Kenya (PANA) - Africa can minimise how much it is affected by global shocks by taking advantage of the [...] Full text...
thread Economy
Kenya: Afreximbank trains 1,500 African bankers
10 november 2015 - 22:00:40Nairobi, Kenya (PANA) - The African Export-Import Bank (Afreximbank) has trained more than 1,500 African bankers and trade finance practitioners [...] Full text...
thread Economy
Egypt: Guinea-based firm get 15m euro credit facility from Afreximbank
04 november 2015 - 20:52:22Cairo, Egypt (PANA) - Guinea-based printing and packaging company Complex Industriel Polygraphie Patrice Lumumba (CIPPL) has benefitted from a 15-million [...] Full text...
thread Economy
Egypt: Afreximbank, Dangote group collaborate on intra-African trade
01 november 2015 - 09:55:18Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) will partner with the Dangote Group, one of Africa’s leading indigenous [...] Full text...
thread Economy
Nigeria: Africans must work to foster economic growth - Seychelles VP
29 october 2015 - 14:06:33Mahe, Seychelles (PANA) - Africans have a collective responsibility to put in place frameworks that would foster economic growth on [...] Full text...
thread Economy
Egypt: US$10m Afreximbank deal to promote exports in Rwanda signed
01 october 2015 - 10:05:32Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a facility [...] Full text...
thread Economy
Egypt: Afreximbank headquarters building inaugurated
21 september 2015 - 10:56:13Cairo, Egypt (PANA) - The headquarters building of the African Export-Import Bank (Afreximbank) was inaugurated in Cairo, Egypt, Sunday by [...] Full text...
thread Economy
Egypt: Afreximbank's new President to assume office, headquarters building for inauguration
11 september 2015 - 08:23:03Cairo, Egypt ([PANA) - The investiture of the African Export-Import Bank's (Afreximbank's) new President and the inauguration of the Bank's [...] Full text...
thread Economy
Egypt: Afreximbank holds awareness forum in Tanzania
07 september 2015 - 11:08:46Cairo, Egypt (PANA) - The Cairo-based African Export-Import Bank (Afreximbank) has scheduled a business forum for Dar-es-Salam, Tanzania, on 10 [...] Full text...
thread Economy
Egypt: Afreximbank picks Seychelles as 1st beneficiary of 'Blue Economy' Strategy
19 august 2015 - 11:25:09Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has selected Seychelles as the first beneficiary of a “Blue Economy” [...] Full text...
thread Economy
Ghana: Afreximbank to help Ghana address forex liquidity challenge
10 august 2015 - 18:11:31Accra, Ghana (PANA) - The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap arrangements aimed [...] Full text...
thread Economy
Egypt: Negative perceptions blamed for impeding investment into Africa
09 august 2015 - 09:33:12Cairo, Egypt (PANA) – Negative perceptions about the economic environment in Africa is a key factor militating against the flow [...] Full text...
thread Economy
Cote d'Ivoire: PM seeks strengthened trade finance from Afreximbank
27 july 2015 - 21:09:30Abidjan, Cote d'Ivoire (PANA) - Ivorian Prime Minister Daniel Kablan Duncan Monday in Abidjan called on the African Export- Import [...] Full text...
thread Economy
Egypt: Afreximbank's rating goes from 'negative to stable'
23 july 2015 - 09:21:51Cairo, Egypt (PANA) - The outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) has been [...] Full text...
thread Economy
Ghana: President Mahama solicits Afreximbank's support for Ghana business sector
04 july 2015 - 10:12:06Accra, Ghana (PANA) - Ghanaian President John Mahama on Friday urged the African Export-Import Bank (Afreximbank) to further strengthen its [...] Full text...
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Afreximbank: Bank signs pact to provide 57m-Euro credit for hotel project
30 june 2015 - 10:20:09Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has signed on to an agreement to provide a 57 million-Euro [...] Full text...
thread Economy
Mali: Afreximbank supports Sheraton Bamako Hotel project with US$31m
26 june 2015 - 13:21:08Bamako, Mali (PANA) - The African Export-Import Bank (Afreximbank) said it is supporting the ongoing construction of the Sheraton Bamako [...] Full text...
thread Economy
Zambia: Obasanjo presses for regional approach to economic integration
13 june 2015 - 11:08:08Lusaka, Zambia (PANA) - Africa should pursue economic integration on the basis of regional economic communities rather than trying to [...] Full text...
thread Economy
Zambia: Afreximbank calls for domestic resources mobilization for export trade infrastructure
10 june 2015 - 15:04:23Lusaka, Zambia (PANA) – A three-day Advisory Group on Trade Finance and Export Development in Africa began here Wednesday with [...] Full text...
thread Economy
Bahrain: ICD, Afreximbank to cooperate in private sector development
03 march 2015 - 12:11:15Manama, Bahrain (PANA) - The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of [...] Full text...
thread Economy
Bahrain: ICD, Afreximbank agree to cooperate in private sector development
02 march 2015 - 13:56:15Manama, Bahrain (PANA) - The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of [...] Full text...
thread Economy
Egypt: Afreximbank helps African exporters compete with global players
25 february 2015 - 15:28:06Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) is successfully supporting African exporters to compete effectively with global players [...] Full text...
thread Economy
Egypt: Afreximbank nets US$107.5m from capital raising effort
24 february 2015 - 12:13:42Cairo, Egypt (PANA) - The capital raising exercise embarked upon by the African Export-Import Bank (Afreximbank) in September 2014 raised [...] Full text...
thread Economy
Egypt: G/Bissau becomes Afreximbank's 37th member state
21 february 2015 - 11:47:30Cairo, Egypt (PANA) - Guinea Bissau has become the 37th country to join the African Export-Import Bank (Afreximbank) as a [...] Full text...
thread Economy
Togo: Lome hosts first Africa Best Practices Forum on improving Africa's business framework, environment
18 february 2015 - 12:14:59Lome, Togo (PANA) - Lomé, the capital of Togo, will host the first Africa Best Practices Forum on 26 and [...] Full text...
thread Economy
Egypt: Afreximbank holds business forum in Cairo 24 Feb
17 february 2015 - 15:40:35Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) on Tuesday announced plans to hold a one-day business forum in [...] Full text...
thread Economy
Egypt: Afreximbank’s cocoa processing financing tops US$350m
01 december 2014 - 13:05:59Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has provided about US$350 million in financing to support cocoa processing [...] Full text...
thread Economy
Zambia: Take advantage of factoring as trade finance tool, African businesses urged
09 november 2014 - 09:27:08Lusaka, Zambia (PANA) - Legislators and regulators should assist African businesses to take advantage of the benefits of factoring as [...] Full text...
thread Economy
Zambia: Afreximbank plans mobile payment platform for Africa
05 november 2014 - 10:48:38Lusaka, Zambia (PANA) - The African Export-Import Bank (Afreximbank) plans to introduce a mobile payment platform to support intra-African trade [...] Full text...
thread Economy
Egypt: Afreximbank carries out training to boost African trade
23 october 2014 - 13:38:30Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) is holding a series of back-to-back training activities to enhance the [...] Full text...
thread Economy
Cote d'Ivoire: All set for Afreximbank branch take-off
23 september 2014 - 12:14:15Abidjan, Cote d'Ivoire (PANA) - All is now set for the take-off of an Abidjan Branch Office of the African [...] Full text...
thread Economy
Egypt: Shareholders to inject $500 million into Afreximbank
21 september 2014 - 17:24:47Cairo, Egypt (PANA) – The African Export-Import Bank (Afreximbank) is to receive a US $500 million capitalisation following a decision [...] Full text...
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Egypt: Ecobank concludes US$200m, Afreximbank-supported bond issuance
09 september 2014 - 11:02:08Cairo, Egypt (PANA) - Ecobank Nigeria, member of the Pan African Ecobank group, has successfully concluded a US$200 million bond [...] Full text...
thread Economy
Egypt: Nigerian oil firm signs Afreximbank deal for Ghana expansion
31 august 2014 - 15:57:49Cairo, Egypt (PANA) - Leading indigenous West Africa oil and gas sector operator A-Z Petroleum Products limited of Nigeria has [...] Full text...
thread Economy
Egypt: Afreximbank, Kings College Foundation Trust sign MoU
30 july 2014 - 09:43:12Cairo, Egypt (PANA) - King’s College Hospital NHS Foundation Trust in London, UK, has signed a Memorandum of Understanding (MoU) [...] Full text...
thread Economy
Gabon: Afreximbank shareholders reinvest 2013 dividends to help Bank raise capital
11 june 2014 - 08:58:18Libreville, Gabon (PANA) - Shareholders of the African Export-Import Bank (Afreximbank) have decided to reinvest US$20.5 million, recommended by the [...] Full text...
thread Economy
Egypt: Lagos to host Afreximbank seminar on 'factoring'
09 june 2014 - 15:22:05Cairo, Egypt ([PANA) - Nigeria's commercial city of Lagos will host a one-day seminar on 'factoring', being organised by the [...] Full text...
thread Economy
Egypt: African countries urged to restructure national economies
05 june 2014 - 08:14:40Cairo, Egypt (PANA) - African countries have been urged to restructure their national economies in order to achieve the sustainable [...] Full text...
thread Economy
Benin: AfDB approves US$280 million to help Afreximbank finance trade
01 june 2014 - 16:01:07Cotonou, Benin (PANA) – The African Development Bank (AfDB) has approved a trade financing programme, worth US$280 million, for the [...] Full text...
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Nigeria: AfDB approves US$280m facility for Afreximbank
30 may 2014 - 11:18:11Lagos, Nigeria (PANA) - The African Development Bank (AfDB) has approved a US$280 million trade finance package for the [...] Full text...
thread Economy
Egypt: Afreximbank AGM to focus on Africa's economic transformation
19 may 2014 - 13:26:44Cairo, Egypt (PANA) - The 21st Annual General Meeting (AGM) of the African Export-Import Bank (Afreximbank), due to hold 3-8 [...] Full text...
thread Economy
Egypt/Afreximbank: DRC joins Afreximbank
29 april 2014 - 08:59:41Cairo, Egypt (Egypt) - The Democratic Republic of Congo (DRC) has become the latest member of the African Export-Import Bank [...] Full text...
thread Economy
Egypt: Kenya Airways takes delivery of first Dreamliner in Afreximbank-arranged transaction
01 april 2014 - 08:23:36Cairo, Egypt (PANA) - Kenya Airways has taken delivery of its first Boeing 787-800 “Dreamliner” aircraft in Seattle, US, with [...] Full text...
thread Economy
Egypt/Afreximbank: DRC to join Afreximbank
15 february 2014 - 10:00:33Cairo, Egypt (PANA) - The Democratic Republic of Congo (DRC) is to join the African Export-Import Bank (Afreximbank) as a [...] Full text...
thread Economy
Egypt: Afreximbank tackles Zimbabwe's financial sector liquidity
12 february 2014 - 14:40:16Cairo, Egypt, (PANA) - To boost access to trade finance, the African Export-Import Bank (Afreximbank) has entered into an agreement [...] Full text...
thread Economy
Afreximbank says African businesses should be made more competitive
25 november 2013 - 17:35:16Douala, Cameroon (PANA) - African businesses must equip themselves in order to compete effectively in the new environment resulting from [...] Full text...
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Over 90 African bankers receive Afreximbank’s Certification
22 november 2013 - 14:53:52Douala, Cameroon (PANA) - The African Export-Import Bank (Afrexibank) has presented 90 African bankers and senior representatives of financial institutions [...] Full text...
thread Economy
Nigeria's Guarantee Trust Bank is African Bank of the Year
30 may 2013 - 08:39:52Marrakech, Morocco (PANA) - Nigeria's Guarantee Trust Bank won the African Bank of the Year award at the 2013 African [...] Full text...
thread Society
Nigerian cocoa firm signs alliance with US company
15 january 2013 - 11:12:31Lagos, Nigeria (PANA) - A Nigerian beverages company, FTN Cocoa Processors Plc, has signed a five-year Strategic Partnership Alliance with [...] Full text...
thread Economy
Zim bank secures US$ 50 million Afreximbank loan
06 july 2011 - 13:57:22Harare, Zimbabwe (PANA) - A Zimbabwean bank said Wednesday it had secured a US$ 50 million loan from the Africa [...] Full text...
thread Economy
Angolan President meets AFREXIMBANK delegation
22 june 2011 - 17:37:35Luanda, Angola (PANA) - Angolan President José Eduardo dos Santos, here on Wednesday met an AFREXIMBANK delegation to discuss issues related [...] Full text...
thread Economy
Afreximbank AGM holds in Angola
15 june 2011 - 13:58:10Luanda, Angola (PANA) - Shareholders of the African Export Import Bank (Afreximbank) bank are due to meet here 19-25 June [...] Full text...
thread Economy
Afreximbank gives Zim US$100m line of credit
30 august 2010 - 14:43:00Harare- Zimbabwe (PANA) -- The African Export Import Bank (Afreximbank) Monday an nounced a US$100 million credit facility for Zimbabwe, [...] Full text...
thread Economy
Afreximbank gives Zimbabwe US$60m for tobacco
02 july 2009 - 09:19:00Harare- Zimbabwe (PANA) -- The African Export-Import Bank (Afreximbank) has given Zimbabwe a US$60 million loan to finance tobacco production [...] Full text...
thread Economy
Zimbabwe secures fresh credit lines from African banks
07 may 2009 - 14:52:00Harare- Zimbabwe (PANA) -- Zimbabwe said Thursday it had secured US$450 million i n new credit lines from two African [...] Full text...
thread Economy