Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the Bank’s access to capital at a competitive cost, ensuring …
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Kampala, Uganda | Isaac Khisa |The second Intra-African Trade Fair (IATF2021) is now set to take place from Dec 8-14, 2021, it has been confirmed. The African Export-Import Bank, the African Union and the Rwanda government decided to shift the date of the continental trade fair, which was previously scheduled …
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The bank’s net profit increased from US$275.9million in 2018 to US$315.3million last year Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank, has unveiled a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. The Bank’s President Prof. Benedict Oramah, who made the announcement in …
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The third edition of IATF has also been postponed from 2022 to 2023 to be in line with the two-year intervals between IATF events. Kampala, Uganda | ISAAC KHISA | Owing to the ravaging COVID-19 pandemic, the African Export-Import Bank, the African Union and the Rwandan government have decided to …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
