Policymakers admit that historical ties between Africa and the Caribbean have been neglected in the commercial sphere, but a major forum in Barbados charted a new economic path | OMAR BEN YEDDER | As delegates approached the inaugural AfriCaribbean Trade and Investment Forum (ACTIF) from September 1-3, the question on …
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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 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 | THE INDEPENDENT | The Fund for Export Development in Africa (FEDA), the equity investment fund created recently by the African Export-Import Bank will catalyse foreign direct investment (FDI) flows into Africa’s trade and export sectors. Prof. Benedict Oramah, the bank’s president, said during the opening of the Financing …
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