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creative industries

African Export-Import Bank to commit US$500 million to creative industries

The African Export-Import Bank (Afreximbank) will commit 500 million U.S. dollars to support cultural and creative industries in Africa in the next two years,...

Afreximbank pledges funding for Zimbabwe food aid after drought

The African Export-Import Bank (Afreximbank) said Thursday it will soon grant multi-million dollar facilities to support Zimbabwe in provision of emergency food aid and...
Russia Africa Summit

Russia-Africa Summit Head and Afreximbank Meet

The African Export-Import Bank (Afreximbank) plans to hold its 26th annual meeting in Moscow on 18-22 June. A series of closed sessions will be held...

Afreximbank gives US$500 million to South Sudan

The African Export Import Bank (Afreximbank) has provided a 500 million U.S. dollar financing facility to South Sudan to fund power transmission, infrastructure and...
Wang Xinjiang (C), a Chinese engineer, works with Kenyan workers at the T-beam factory on the section six of Kenya's Standard Gauge Railway project, near Makueni, Kenya, on March 16, 2015. The project, expected to cost 3.8 billion U.S. dollars, involves the construction of about 480 kilometer railway line from the port city Mombasa to the capital city Nairobi. China Roads and Bridges Corporation (CRBC) is undertaking the project. (Xinhua/Pan Siwei)

Afreximbank, RZD of Russia chase railway construction in Africa

With US$20 billion per annum credit line made available by the African Export-Import Bank (Afreximbank) towards the development of the railway sector, Russian Railways...

Afreximbank targets US$500 million support for Chad’s national development plan

The African Export-Import Bank (Afreximbank) has announced it would arrange at least 500 million U.S. dollars in multi-sourced financing to support Chad's national development...

Constantin von Moltke Appointed to Afreximbank’s Syndicated Loans

The African Export-Import Bank (Afreximbank) has announced the appointment of Constantin von Moltke, formerly of the African development bank, to the position of Head...

Afreximbank grants Africa $15 billion of trade per year

With the more than $15 billion provided annually to African businesses, the African Export-Import Bank (Afreximbank) is achieving its mandate of financing, promoting, and...

Mozambique benefits US$90 million from Afreximbank

Mastombe said 35 million U.S. dollars are in process to come to Mozambique. The Pan African bank has 150 members, and Mozambique is a...

Afreximbank seeks to cushion Africa from economic shocks

The Bank said in a statement received in Nairobi the Counter-Cyclical Trade Liquidity Programme, approved by the board on Saturday has an initial life...

Kenya urges Africa to avoid external financing sources

The Central bank of Kenya (CBK) Governor Patrick Njoroge said the continent's over-dependence on external financing sources made it vulnerable to such shocks. "Because...

Afreximbank mulls establishing special guarantee facility for African processing plants

The African Export-Import Bank (Afreximbank) intends to introduce a special guarantee facility that will enable processing plants in Africa to secure long-term export contracts...

African Export-Import Bank calls for mobilization of domestic resources to finance Africa’s development

The African Export-Import Bank (Afreximbank) said that it is now time for Africa to start mobilization its own resources to finance its development agenda,...

Former African leaders to gather over security issues in Africa

Three former African presidents will attend a meeting of the African Export-Import Bank (Afreximbank) scheduled to be held in Lusaka, discussing risks posed by...
Wpid Electricity

Kenya’s electricity firm secures $40 million for upgrades

The African Export-Import Bank (Afreximbank) said on Thursday it has provided a 40-million-U.S.- dollar loan funding to the Kenya Power to carry out upgrades.   A...