AFREXIMBANK

THE MOU FOR AFRICA’S RAILWAY NETWORK CONCLUDED

Posted on by Gambeta News
THE MOU FOR AFRICA’S RAILWAY NETWORK CONCLUDED

Afreximbank and Thelo DB signs the MOU for the construction of Africa’s railway network. The Memorandum of Understanding signed during the African Investment forum in Johannesburg will enable both parties to finance, develop and operate the railway network across Africa. The project will remodel the current railway network to a better standard while encouraging trade, investment and economic skills in the continent. With the rapid construction of railway in different African countries integrating them to…

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HIGHLIGHTS FROM THE INTRA-AFRICAN TRADE FAIR 2018

Posted on by Gambeta News
HIGHLIGHTS FROM THE INTRA-AFRICAN TRADE FAIR 2018

The Intra-African Trade Fair is the first of its kind in Africa bringing together businesses from across Africa. The fair happened in Cairo, Egypt from 11-17 December 2018. The 7-day trade fair provides a platform for sharing trade, investment and market information and enabling buyers and sellers, investors and countries to meet, discuss and conclude business deals. In the same way, the Afrexim Bank and African Union are promoting the fair Afrexim Bank is the trade…

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AFREXIMBANK TO BOOST AFRICA’S AVIATION INFRASTRUCTURE

Posted on by Gambeta News
AFREXIMBANK TO BOOST AFRICA’S AVIATION INFRASTRUCTURE

Afreximbank pledges to support Africa’s Aviation sector The African Export-Import Bank (Afreximbank) in partnership with the Russian Export Center (REC), embarked on a five-day roadshow. The road show took place in Nairobi, Kenya, through Kampala, Lagos, Abuja and Bamako. This event is part of efforts of the organizing bodies to improve the air transport infrastructure in Africa. Its intent is also to raise the profile of  cutting-edge Russian aircraft and helicopters in Africa. The roadshow’s purpose is to…

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AFREXIMBANK TO FUND AVIATION IN AFRICA

Posted on by Gambeta News
AFREXIMBANK TO FUND AVIATION IN AFRICA

Pan-African bank Afreximbank set aside US$20bn to support Aviation in Africa African Export-Import Bank (Afreximbank) yesterday unveiled a special credit facility for airlines and governments seeking funds to buy Russian-made commercial aircraft. Global head of client relations for the bank, Rene Awambeng said it struck a deal with Russian Export Sector (REC). The deal is to help fund African-based operators to make the purchases. Afreximbank have provided US$20bn to support African airlines including national flag carrier Kenya Airways. The…

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AFREXIM BANK CONFIRMS NIGERIA HEALTHCARE INVESTMENT PLANS

Posted on by Gambeta News
AFREXIM BANK CONFIRMS NIGERIA HEALTHCARE INVESTMENT PLANS

A‎frican Export-Import Bank (AFREXIMbank) confirms plans to invest over US$16 billion in Nigeria’s Healthcare Sector At a press briefing at Abuja, the President and Chairman of the Board of Directors of AFREXIM Bank, Dr. Benedict Oramah, disclosed that the bank are planning to invest over US$16 billion in Nigeria’s healthcare sector. He said the bank came to this investment decision because of its long term plans to deepen its portfolio in the country, by building an ultra modern…

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AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

Posted on by Gambeta News
AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

Africa trade centre facility to be constructed in Zimbabwe to promote Afreximbank. The trade centre is to be constructed in Zimbabwe by the Africa Export-Import bank (Afreximbank) which will enable the centre to be transformed into an iconic business complexes with integrated one-stop trade services shop that will help in the creation of mini business parks for African trade. President of Africa Export-Import bank, Dr. Benedict Oramah; ”I am happy to note that Zimbabwe will be the first…

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