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Tag: African Export-Import Bank
New ‘independent’ Africa credit rating agency on track to launch in 2025
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on ... Read More
China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank
The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing ... Read More
Angola: new Cabinda oil refinery secures funding led by Gemcorp, AFC, Afreximbank
Gemcorp Holdings Ltd. (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) have announced the financial close of Cabinda Oil Refinery in Angola with ... Read More
Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’
A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum, as the platform has recently ... Read More