Government has assured strategic investment partners and advisers of the Nigeria Special Economic Zone Investment Company Limited...

The second Intra-African Trade Fair (IATF2020), scheduled to take place in Kigali, from September 1-7, 2020, will target the execution of Intra-African trade deals worth over $40 billion...

The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah, announced recently in Washington D.C. Delivering an address at the IGD Frontier 100 Forum, organised by the Initiative for Global Development…

The African Export-Import Bank (Afreximbank) has shown strong financial and operational performance in 2018 with a total comprehensive income of $285.4 million. According to the News Agency of Nigeria (NAN), Afreximbank’s President, Prof. Benedict Oramah, disclosed this in a statement signed by the bank’s Head of Media, Mr. Obi Emekekwue, yesterday in Abuja. According to…

African Export–Import Bank (Afreximbank) has said it is creating a digital ecosystem that will eliminate major bottlenecks to trade and financial flows within the continent. According to the bank, when completed, the platforms could triple the share of intra-African trade in Africa’s total trade and formalise significant proportions of the over $60 billion yearly informal…

Nigeria is not among the top five countries in Africa’s factoring market, worth N9.03 trillion (€22.3 billion), Africa Export-Import Bank (Afreximbank) has said.

Nigeria and India are working on ways to enhance the $12 billion yearly bilateral trade between both countries in a way that would focus on investment. Receiving the Indian High Commissioner to Nigeria, Shri Abhav Thakur, in his office, Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah in a statement, lauded the relationship between…

The African Export-Import Bank (Afreximbank) has announced the appointment of Abel Osuji as Director of its Internal Audit Department following the upgrade of that function into a full department.

The African Export-Import Bank (Afreximbank) has upgraded its compliance function to a full department, naming long-serving banker Ms. Maureen Mba as director. In her new role, she will be in charge of directing Afreximbank’s compliance functions and the strategic objectives related to compliance risk management. Her responsibilities will include implementing appropriate structures that allows for…

Major Development Finance Institutions (DFIs) locally and the continent’s largest trade bank- Africa Export-Import Bank, were recently spotted in Abuja, committing to funding the development of Nigeria’s special economic zones. Already, in Abia State, the Enyimba Economic City project has taken off. Indeed, the accelerated pre-development work had been carried out by a multi-disciplinary team…

The Federal Government of Nigeria has allocated a 5.12-hectare piece of land in Abuja to the African Export-Import Bank (Afreximbank) for the development of a centre of excellence for medical services to serve Nigeria and the West African sub-region.

The Fund for Export Development in Africa (FEDA), the equity investment fund created recently by the African Export-Import Bank (Afreximbank), will catalyse...