Tag: Afreximbank

Nigerian banks mobilise N4tn as CBN recapitalisation deadline nears

Business Damilola Bayonle -
Recapitalisation: Banks raise N4tn ahead of March deadline Nigeria’s banking sector has mobilised N4.05tn in verified capital as the March...

Nigeria’s PAPSS cross-border payments collapse 53% in H1 2025 as trade settlements slow

Business Damilola Bayonle -
Nigeria’s cross-border payment activity on the Pan-African Payment and Settlement System (PAPSS) fell sharply in the first half of...

Wale Edun swears in Afreximbank new president George Elombi

Business Damilola Bayonle -
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, on Saturday administered the oath of office...

Afreximbank TV Fifth Edition Marks Milestone with 0.5 Million Subscribers and Global Reach

Business Damilola Bayonle -
ALGIERS, Algeria, October 2, 2025 - The African Export-Import Bank (Afreximbank) has celebrated the Afreximbank TV fifth edition, marking...

Afreximbank Trade Facilitation Programme: Afreximbank Allocates US$100 Million Line of Credit to NBS Bank Malawi

Business Damilola Bayonle -
ALGIERS, Algeria, October 1, 2025 – The African Export-Import Bank (Afreximbank) has announced a landmark move to strengthen Malawi’s...

Zimbabwe to Host IATF Headquarters as Trade Fair Transitions into Independent African Institution

Business Damilola Bayonle -
ALGIERS, Algeria / HARARE, Zimbabwe, September 26, 2025 - A historic milestone was announced at the Intra-African Trade Fair...

Afreximbank Renews MoU with AAAM to Drive Africa’s Automotive Growth Amid Momentum for EG 2026 Licensing Round

Business Damilola Bayonle -
ALGIERS, Algeria, September 23, 2025 - The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU)...

Afreximbank Africa Research and Innovation Hub to Drive $70 Billion Economic Gains

News Emmanuel -
Algiers, Algeria, September 16, 2025 — The African Export-Import Bank (Afreximbank) has announced the launch of the Africa Research...

Big boost ahead as OPSN backs IATF 2027 for Nigeria’s Trade

Business Damilola Bayonle -
Nigeria’s private sector leaders have hailed the country’s successful bid to host the Intra-African Trade Fair (IATF) 2027 in...

IATF 2025: FG vows bold push to boost trade, expand industry

Business Damilola Bayonle -
The Federal Government has reaffirmed its commitment to strengthening Nigeria’s trade integration agenda, boosting industrial capacity, and mobilising fresh...

Funding Dispute Puts $5bn Africa Energy Bank Launch at Risk

Business Damilola Bayonle -
The much-anticipated launch of the $5 billion Africa Energy Bank (AEB) is hanging in the balance following a high-stakes...

Afreximbank Backs Nigeria’s $40m Caribbean Port Expansion Project

Business Damilola Bayonle -
The African Export-Import Bank (Afreximbank) has committed $40 million in investment support for a landmark maritime infrastructure project led...