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$500m coming for special economic zones funding

$500m coming for special economic zones funding

African Export-Import Bank (Afreximbank), Bank of Industry, Nigeria Sovereign Investment Authority (NSIA) and Nigeria SEZ Investment Company Limited (NZESCO) have signed a pact to fund special economic zones in the country. The plan is to raise $500 million equity in the first five years for the project in the economy’s interest, writes COLLINS NWEZE. The […] …

FDI: Afreximbank launches facility to boost projects’ bankability

APC UK Party Members Defends Oshiomhole

Uche Usim, Abuja A new window to improve the viability of commercial projects in Africa has opened as the African Export-Import Bank (Afreximbank) has unveiled a $15 million facility aimed at increasing the availability of viable, well-prepared, attractive and bankable projects on the continent. The initiative, called the Afreximbank Project Preparation Facility (APPF), was launched […]
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Afreximbank tasks Africa on trade transformation

Afreximbank tasks Africa on trade transformation

Uche Usim, Abuja The African Export-Import Bank (Afreximbank) has harped on the need for trade transformation on the African continent, describing it as a task that all financial institutions on the continent must collectively pursue as major stakeholders. Afreximbank Executive Vice President, Business Development and Corporate Banking, Amr Kamel, gave the charge in Dar Es […]
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AfDB partners Afreximbank to support SMEs in Nigeria

AfDB partners Afreximbank to support SMEs in Nigeria

Ayo Alonge The African Development Bank (AfDB) has pledged to provide a $500,000 grant under its African Private Sector Assistance (FAPA) programme. The grant will tilt towards supporting small and medium businesses in Africa. The bank signed an agreement to formalise the proposed grant during the recently concluded Annual General Meetings (AGMs) and 25th anniversary […]
The post AfDB partners Afreximbank to support SMEs in Nigeria appeared first on The Sun Nigeria. …

Afreximbank, Uzbek bank sign $50m deal to boost African trade

Afreximbank, Uzbek bank sign $50m deal to boost African trade

Uche Usim, Abuja Another effort to boost trade and investment in Africa  has crystallized as the African Export-Import Bank (Afreximbank) and the National Bank for Foreign Economic Activity (NBU) of Uzbekistan, have entered into an agreement aimed at strengthening economic relations between African countries and Uzbekistan. The agreement, which was signed on September 5, on […]
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NIB, Afreximbank seal €100m loan deal

NIB, Afreximbank seal €100m loan deal

The loan programme will allow NIB to support export projects that include service and equipment deliveries
The post NIB, Afreximbank seal €100m loan deal appeared first on – The Sun News. …

Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president

Davido’s uncle shows off dance moves to celebrate victory in Osun by-election

In this interview he granted on the sidelines of the 25th Annual Meetings of Afreximbank in Abuja, Oramah
The post Why we’re planning $25bn African Trade Strategy – Dr. Oramah, Afreximbank president appeared first on – The Sun News. …

Fallout of free trade deal: Nigeria may lose $25b Afreximbank investment

Fallout of free trade deal: Nigeria may lose $25b Afreximbank investment

Indications are that Nigeria may be schemed out of the $25billion investment opportunities extended to African countries by the The African Export-Import Bank (Afreximbank). This development is coming on the heels of Nigeria’s refusal to sign the Africa Continental Free Trade Area (AfCFTA) during the last Extra Ordinary summit by African heads of states inRead More
The post Fallout of free trade deal: Nigeria may lose $25b Afreximbank investment appeared first on The Nation Nigeria. …

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