afreximbank

Egyptian oil company takes $200 million loan for electricity generation
Business

Egyptian oil company takes $200 million loan for electricity generation

Egypt's state oil company signed a $200 million loan agreement on Tuesday with the African Export-Import Bank to help expand…
Afreximbank seeks to raise US$3 bln this year: bank president
Business

Afreximbank seeks to raise US$3 bln this year: bank president

The African Export-Import Bank (Afreximbank) will seek to raise around US$3 billion this year via Eurobonds, syndications and bi-lateral and…
Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch
Business

Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch

The African Export-Import Bank said on Tuesday it had approved a trade financing program to provide more than US$3.5 billion…
Afreximbank increases financial allocation to African trade from $500 mn to $1 bn
Business

Afreximbank increases financial allocation to African trade from $500 mn to $1 bn

Afreximbank has increased the financial allocation to trade between African countries from US$500 million to $1 billion, according to Chairman…
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