afreximbank

Egypt, Afreximbank discuss expanding partnership to support startups
Business

Egypt, Afreximbank discuss expanding partnership to support startups

Minister of Planning and Economic Development Ahmed Rostom held talks with Afreximbank Executive Vice President Haytham al-Maayergi on strengthening cooperation…
Egyptian oil company takes $200 million loan for electricity generation
Business

Egyptian oil company takes $200 million loan for electricity generation

Egypt's state oil company signed a $200 million loan agreement on Tuesday with the African Export-Import Bank to help expand…
Afreximbank seeks to raise US$3 bln this year: bank president
Business

Afreximbank seeks to raise US$3 bln this year: bank president

The African Export-Import Bank (Afreximbank) will seek to raise around US$3 billion this year via Eurobonds, syndications and bi-lateral and…
Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch
Business

Afreximbank plans $3.5 bn in trade finance to ease Africa forex crunch

The African Export-Import Bank said on Tuesday it had approved a trade financing program to provide more than US$3.5 billion…
Afreximbank increases financial allocation to African trade from $500 mn to $1 bn
Business

Afreximbank increases financial allocation to African trade from $500 mn to $1 bn

Afreximbank has increased the financial allocation to trade between African countries from US$500 million to $1 billion, according to Chairman…
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