Tag: African Export-Import Bank

New ‘independent’ Africa credit rating agency on track to launch in 2025

July 25, 2024

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

August 29, 2023

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

July 25, 2023

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’

June 22, 2023

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