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Afreximbank inaugurates $1bn programme to promote Nigeria’s Intra-African Trade

Afreximbank inaugurates $1bn programme to promote Nigeria’s Intra-African Trade

NAN The African Export-Import Bank (Afreximbank) has inaugurated a one billion dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand trade and investments between Nigeria and the rest of Africa. Prof. Benedict Oramah, Afreximbank’s President said this in a statement on Friday in Abuja. Oramah inaugurated the programme as part of agreement […]
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Afreximbank grosses $546.6m in 9 months

Afreximbank grosses $546.6m in 9 months

The African Export-Import Bank (Afreximbank) has released its unaudited financials for the nine months ended September 30, 2018, showing strong financial and operational performance. The financial report shows that its gross income rose to $546.6 million, a 14.3 per cent increase from the same period last year, and net income of $172.4 million (a growth of 11.9 per cent from the same […]
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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 […]
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AfCFTA must be free and fair, Buhari insists

AfCFTA must be free and fair, Buhari insists

…Adeosun elected Afreximbank Chairman Nigeria’s Finance Minister, Kemi Adeosun has been elected Chairman of the board of Africa Export Import bank (Afreximbank). Adeosun was elected chairman on Saturday in Abuja at the bank’s Annual General Meeting declared open by President Muhammadu Buhari. She will chair the bank for one year. Speaking at the opening ceremonyRead More
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