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Afreximbank’s FEDA to lift FDI

Afreximbank’s FEDA to lift FDI

The Fund for Export Development in Africa (FEDA), the equity investment fund created recently by the African Export-Import Bank (Afreximbank), will catalyse foreign direct investment (FDI) flows into Africa’s trade and export sectors, President of the bank, Benedict Oramah has said. Speaking in Tunis during the opening of the Financing Investment and Trade in Africa […] …

Afreximbank lends $170m to Orascom for Pan-African expansion

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THE African Export-Import Bank (Afreximbank) has signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company expand its pan-African activities in pursuit of its short and medium-term expansion strategy.
Continue reading Afreximbank lends $170m to Orascom for Pan-African expansion at Vanguard News Nigeria. …

Afreximbank earmarks $170m for Orascom Investment

Afreximbank earmarks $170m for Orascom Investment

Uche Usim, Abuja The African Export-Import Bank (Afreximbank) on Wednesday in Cairo signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company to expand its pan-African activities in pursuit of its short and medium-term expansion strategy. Speaking at the signing ceremony, Afreximbank President Prof. Benedict Oramah, said […]
The post Afreximbank earmarks $170m for Orascom Investment appeared first on The Sun Nigeria. …

Afreximbank floats $30m facility for SMEs

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The African Export-Import Bank (Afreximbank) has signed an agreement with the African Guarantee Fund (AGF) for a $30 million re-guarantee facility to support African small and medium enterprises (SMEs) in the trade value chain to access funds for their activities.
Continue reading Afreximbank floats $30m facility for SMEs at Vanguard News Nigeria. …

Afreximbank, African Guarantee Fund seal $30m SMEs support deal

Afreximbank, African Guarantee Fund seal $30m SMEs support deal

Uche Usim, Abuja Hopes of better better funded Small and Medium Enterprises (SMEs) in Africa brightened recently, as the African Export-Import Bank (Afreximbank), signed an agreement with the African Guarantee Fund (AGF) for a $30 million re-guarantee facility to support them in the trade value chain to strengthen their operations. Gwen Mwaba, Director, Trade Finance, […]
The post Afreximbank, African Guarantee Fund seal $30m SMEs support deal appeared first on The Sun Nigeria. …

Afreximbank signs $15m deal for Juba Airport upgrade

Afreximbank signs $15m deal for Juba Airport upgrade

The facility, which was approved for five years, will assist South Sudan to modernise equipment and systems at the Juba International Airport Uche Usim, Abuja In continuation of its aggressive infrastructure renewal drive across Africa, the African Export-Import Bank (Afreximbank) has signed a financing agreement with Securiport SUARL, Senegal, to provide Securiport with a $15 […]
The post Afreximbank signs $15m deal for Juba Airport upgrade appeared first on The Sun Nigeria. …

$1bn Afreximbank facility’ll stimulate Nigeria’s export sector – Bello, NEXIM boss

$1bn Afreximbank facility’ll stimulate Nigeria’s export sector – Bello, NEXIM boss

Bello also promised to revive moribund cocoa processing industries as well as other entities burdened with working capital constraints, Amechi Ogbonna Mr Abubakar Bello, Managing Director and Chief Executive of NEXIM Bank has assured that Nigeria’s export sector will have a new lease of life with the $1 billion Memorandum of Understanding (MoU) signed between […]
The post $1bn Afreximbank facility’ll stimulate Nigeria’s export sector – Bello, NEXIM boss appeared first on The Sun Nigeria. …

Afro-currency deals to fetch Nigeria more than $4bn

Afro-currency deals to fetch Nigeria more than $4bn

Omodele Adigun Although Nigeria is yet to ink the African Continental Free Trade Agreement (AfCFTA), a multibillion dollar booty is said to be awaiting the country if it does, particularly when the multilateral currency swap lines being championed by the Africa Export-Import Bank (Afreximbank) comes on stream. Just last week, in far away Egypt, at […]
The post Afro-currency deals to fetch Nigeria more than $4bn appeared first on The Sun Nigeria. …

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