African Export-Import Bank (Afreximbank)

Capital is a binding constraint to Africa’s economic growth. In this thought-provoking opinion piece, Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, opines on the various ways Africans can generate the much needed capital required to activate long-term development and growth on the continent. Paramount amongst these is leveraging Africa’s most unique assets – its youthful population and its abundance of natural resources. Read more of his OpEd here: https://lnkd.in/eagkkK3v #Afreximbank

Still at the Africa Climate Roundtable, Mr. Abah Ofon, Senior Manager, Export Development Advisory at Afreximbank, will co-chair the roundtable session on "Food Security". Mr. Ofon will share on securing affordable and nutritious food for vulnerable communities in Africa amidst the challenges posed by climate change. His wealth of experience and dedication to advancing food security will undoubtedly enrich the dialogue and inspire actionable solutions. Stay tuned! #FoodSecurity #Afreximbank #COP28

At the Africa Climate Roundtable tomorrow morning, Dr. Sampawende Tapsoba, Deputy Chief Economist and Director of Data Management & Model Development at Afreximbank, will participate in a fireside chat conversation on the crucial role of Development Financial Institutions (DFIs) in climate adaptation and the pursuit of resilience and sustainable development. With his deep understanding of economic dynamics and development strategies, Dr. Tapsoba will offer invaluable insights and perspectives. Stay tuned! #SustainableDevelopment #Afreximbank #COP28

We look forward to this important discussion on scaling disaster risk management and financing initiatives in Africa post #COP28! Don’t miss out, as we participate in the roundtable event happening on May 7th and 8th. Let’s tackle challenges and explore opportunities together. Stay tuned to our feed for more updates. #Afreximbank #COP28

We're thrilled to announce that the Federal Republic of Nigeria has officially joined forces with the Fund for Export Development in Africa (FEDA), the dynamic investment platform powered by the African Export-Import Bank (Afreximbank). Nigeria's accession marks a monumental moment as the 16th nation to commit to FEDA's mission of fostering development across the continent. With three decades of partnership with Afreximbank, Nigeria's commitment to supporting initiatives like FEDA speaks volumes about its vision for a thriving African economy. Professor Benedict Oramah, President of Afreximbank, expressed his gratitude for Nigeria's partnership, highlighting the significance of this collaboration in fueling Nigeria's development journey. Join us in celebrating this momentous occasion as we continue to build a brighter future for Africa together! Read more: https://lnkd.in/eABBZEqG #FEDA #Afreximbank

With less than 2 months until the #AAM2024, let’s relive the unforgettable moments from last year's #AAM2023. Watch the highlight video, showcasing the inspiring discussions, impactful connections, and groundbreaking insights that shaped the future of Global Africa. Take a glimpse into the energy, excitement, and innovation that defined our event and get ready to be inspired all over again! ✨ Register now: https://lnkd.in/eWEtjrht #ThrowbackThursday #GlobalAfrica #Afreximbank  #GlobalAfricaProsperity

The recently concluded Bonds, Loans and ESG Capital Markets Africa Awards 2024 ceremony held in South Africa saw Afreximbank clinch an impressive six prestigious awards. Key among them was the distinguished title of the 'Financial Institution Debt House of the Year, ‘solidifying Afreximbank’s position as a leading institution in Africa's financial markets. The award recognizes Afreximbank’s role and initiatives which include: Afreximbank Trade Facilitation Programme, Role as a catalyst for Africa's economic transformation, Support for the African Continental Free Trade Area (AfCFTA), implementation of the Pan-African Payment and Settlement System to promote cross border trade in African currencies and so much more. Chandi Mwenebungu, Director and Group Treasurer of Afreximbank, expressed profound gratitude for the recognition, stating, “These awards represent a recognition of our Bank’s strategic work in Africa’s financial markets and present an opportunity for Afreximbank to recognize and celebrate the outstanding achievements of its clients and partners working to advance the economic development of Africa.” The Bonds, Loans and ESG Capital Markets Africa Conference, where these awards were presented, stands as the premier pan-African debt event, fostering collaboration among local and international stakeholders. With a participation of over 1,060 senior industry leaders from 46 countries, the conference serves as a pivotal platform driving Africa's capital markets forward, making it the largest corporate and investment banking event on the continent. For more: https://lnkd.in/eiR_S28X #Afreximbank #AfricaFinance #WeAreAfreximbank

Here’s a reminder to register for #AAM2024, which will also incorporate our AfriCaribbean Trade and Investment Forum. Don't miss out on this opportunity to join thousands of attendees, including African/Caribbean leaders, policymakers, corporate leaders, and thought leaders, as we shape the future of Global Africa together. 🌍 Secure your spot now and be part of history! Register now: https://lnkd.in/eWEtjrht #GlobalAfrica #Afreximbank #AAM2024 #ACTIF2024 #GlobalAfricaProsperity

At the official opening ceremony of the 2024 Annual Meetings of the Islamic Development Bank, President Benedict Oramah joined other industry captains namely H.E. Oussama Kaisi, CEO, Islamic Corporation for Insurance on Investment and Export, H.E Hani Sonbol, CEO, International Islamic Trade Finance, and H.E. Ahmed Alsuwaiyan - أحمد الصويان, Governor of Digital Government Authority, on a panel discussion themed « Unlocking Economic Potential: Strategic Integration of Trade, Insurance, and Investments for Vision 2030 »; which considered levers to improve trade and investments across regions. President Oramah pointed to the strategic position of the Kingdom of Saudi Arabia (KSA) as the hub of the Arab world, hub for international connectivity and an investment powerhouse. He also highlighted the central role of Africa is accompanying the KSA in its developmental agenda given the continent’s natural resources, growing population and strategic location on the global map. Watch the full panel discussion here: https://lnkd.in/ecEwAAzu #GlobalAfrica #IntraAfricanTrade #ATG

On the sidelines of the 2024 Islamic Development Bank Annual Meetings, Afreximbank signed terms for USD 250 million with the International Islamic Trade Finance Corporation (ITFC) for Syndicated facilities; as well as a letter of intent of USD 100 million with Islamic Corporation for Development (ICD) to strengthen the private sector in member countries. President Benedict Oramah praised the support from the 2 entities and described them as catalysts for industrialisation, integration and export development in Africa. #Afreximbank is committed to boosting the development of intra and extra African trade. #GlobalAfrica #Afreximbank #IntraAfricanTrade #IsDBAM2024