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 …
Read More »Africa’s trade numbers on the rise
Afreximbank says China and India have consolidated their positions as the continent’s single largest trading partners Kampala, Uganda | ISAAC KHISA | Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, according to the African Export-Import Bank’s latest report. The …
Read More »Afreximbank shareholders to earn $69million
The bank’s assets grew 15% to $15 billion in 2018 Kampala, Uganda | ISAAC KHISA | Shareholders of Africa Import-Export Bank (Afreximbank) are set to earn $69million as dividends following record growth in profits in 2018. Last year, shareholders earned $57.53million. The decision was reached during the Annual General Meeting …
Read More »Roscongress, Afreximbank and REC sign agreement to promote trade
Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …
Read More »Afreximbank launches strategy for export trading companies
Moscow, Russia | Isaac Khisa | The Afreximbank Strategy for Export Trading Companies was launched in Moscow on June 20, during the open Russia–Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. The panellists included Managing Director of Afreximbank Intra-African …
Read More »Russia and Africa need collaboration to stir growth, Medvedev tells Afreximbank shareholders
Moscow, Russia | ISAAC KHISA | Africa and Russia must harness their immense resources to foster a greater economic future for their people, the chairman of the Government of the Russian Federation, Dimitri Medvedev said in Moscow, Russia. Medvedev, who was speaking during the Annual General Meeting of Shareholders of …
Read More »Afreximbank wins African Bank of the year award
Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) yesterday in Malabo received the award for the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank. Amr Kamel, Afreximbank’s Executive Vice President …
Read More »Intra-African Trade Fair to generate $40 million in trade deals
Kampala, Uganda | THE INDEPENDENT | The second Intra-African Trade Fair (IATF2020) scheduled to take place in Kigali from 1 to 7 September 2020 will target the execution of Intra-African trade deals worth more than $40 billion, President of the African Export-Import Bank, Prof. Benedict Oramah, said. Prof. Oramah …
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