Kampala, Uganda | Isaac Khisa | The African Export-Import Bank (Afreximbank) has released its audited financial statements for the year ended 31 December 2019, showing strong and consistent growth, with total comprehensive income of $324.2 million. The results, which reflected a net income of $313.3 million, 14.3 percent increase over the 2018 …
Read More »Afreximbank unveils a US$3billion facility to cushion COVID-19 fallout
Kampala, Uganda | Isaac Khisa | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a US$3bn facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and health impacts of the COVID-19 pandemic. PATIMFA, approved by the Bank’s Board of Directors during its sitting on March.20, …
Read More »Roadshow to help Rwandan businesses tap into AfCFTA
Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) has announced a roadshow in Kigali to show the Rwandan private sector how it can become a primary beneficiary of the African Continental Free Trade Area (AfCFTA) which will provide significant opportunities to access the largely untapped markets and …
Read More »INTERVIEW: Russian companies have attractive market and investment in Africa
Kampala, Uganda | KHISA ISAAC | Andrei Slepnev is the Director General for Russian Export Center (REC), the organisers of the first ever Russia-Africa Economic Forum with the African Import Export Bank. He spoke to Russia News Agency about the opportunities that lies ahead of the summit. QUESTION: Russia-Africa Forum is …
Read More »Uganda to host AFREXIM East African regional bank office
Kampala, Uganda | THE INDEPENDENT | Uganda has signed a hosting agreement and a memorandum of understanding with African Export-Import Bank (Afreximbank) to host their East African regional office starting next month. The announcement was made after a meeting between leading officials of the bank and President Yoweri Museveni at State …
Read More »Afreximbank President Oramah visits BOU
Kampala, Uganda | THE INDEPENDENT | A delegation from the African Export-Import Bank (Afreximbank), led by the President, Prof. Benedict Oramah, visited the Bank of Uganda in Kampala today to pay a courtesy call on the Governor, Prof. Emmanuel Tumusiime-Mutebile, and to brief him about the Bank’s support to the Ugandan …
Read More »Afreximbank president visits Uganda Finance Minister Kasaija
Kampala, Uganda | THE INDEPENDENT | The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, on Thursday in Kampala met with Matia Kasaija, Minister of Finance Planning and Economic Development of Uganda, for a courtesy call and to brief the minister about the Bank’s support to Uganda’s economic …
Read More »Afreximbank holds mid-term review of strategic plan in Kampala
Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) today concludes a three-day retreat in Kampala, Uganda for the mid-term review of its Fifth Strategic Plan dubbed IMPACT 2021: Africa Transformed. Afreximbank operates on five-year strategic plans. The current strategic plan, which is the Bank’s fifth, covers the …
Read More »Afreximbank announces 20th Trade Finance Workshop, invites registrations
Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019. The seminar and workshop series, formerly known as the Structured Trade …
Read More »Behind Russia’s growing influence in Africa
Why the new development could be bad news for the US, Europe and India Kampala, Uganda | ISAAC KHISA | As Russia’s President, Vladimir Putin, hosts more than 50 African presidents for the first-ever Russia-Africa Summit in Sochi on Oct. 24, top on the agenda will be how to sustain …
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