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May 6, 2021
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The interim Governing Council of the Pan-African Payment and Settlement System (PAPSS) held its inaugural meeting in Cairo on 3 December 2020, a historic step towards the operationalization of the payment system. Developed by African Export-Import Bank (Afreximbank), under the auspices of the African Continental Free Trade Area (AfCFTA) Secretariat and the African Union Continue Reading
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Afreximbank and ITFC Partner with ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices, under the Umbrella of the AATB Program The new initiative aims to harmonise African standards for pharmaceuticals and medical devices thereby enhancing intra-African trade, reducing substandard counterfeit products, and building resilient regional health Continue Reading
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Cairo, 11 September 2020: – African Export-Import Bank (Afreximbank) has disbursed US$200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). The funds will assist Zenith Bank to continue to maintain foreign currency trade flows impacted by the COVID-19 pandemic. They will also allow Zenith Bank to on-lend to eligible Continue Reading
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The re-appointment of Professor Benedict Oramah as President, African Export and Import Bank (Afrexim) is a deserving reward for excellent performance in growing African trade and economy, Deputy President, Pan – African Chamber of Commerce and Industry (PACCI), Prince Adetokunbo Kayode has disclosed. In a congratulatory message sent to the President of the Cairo Continue Reading
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Prof. Benedict Oramah has been voted and reappointed as President, African Export-Import Bank (Afreximbank) for a second 5-year term by shareholders of the Pan-African multilateral financial institution. In a statement by the institution, the decision was announced today in Cairo following Afreximbank’s 27th Annual General Meeting of Shareholders which was held Continue Reading