Following the official take off of the African Continental Free Trade Area (AfCFTA) last weekend, the region's largest trade bank - African Export-Import Bank (Afreximbank), has unveiled a $1billion financing tagged: "AfCFTA Adjustment Facility".
The African Export-Import Bank (Afreximbank) has signed a facility agreement of $170 million with Egypt-based conglomerate, Orascom Investment Holding (OIH), to assist the company’s pan-African expansion activities. The move would now pave way for Orascom Investment to explore business and investment opportunities referred to it by Afreximbank in such countries as Nigeria, Rwanda, Togo, Eretria…
The African Export-Import Bank (Afreximbank) has inaugurated a one billion dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand trade and investments between Nigeria and the rest of Africa.
The first-ever Intra-African Trade Fair (IATF) on the continent has kicked off in Cairo, Egypt, with the African Export-Import Bank (Afreximbank) leading calls for the implementation of initiatives that will add meaning to the African Continental Free Trade Agreement (AfCFTA).