Afreximbank

‘Ridiculous’: Afreximbank President Oramah Debunks Allegations NNPC Will Repay $3.3bn Loan with $12bn

He said the loan is taking effect as it helps to stabilize the financial system and acute FX shortage

8 months ago

First Half 2023: Afreximbank’s Total Asset Grows to $30bn

The growth was credited to increase in loans  and advances to customers.

1 year ago

NNPC Gets $3bn Loan from Afreximbank to Stabilise FX, Naira Gains

There was relief in the forex market on Wednesday, as the naira appreciated at both the official I&E forex window…

1 year ago

Oramah: AfreximBank’s Payment System Will Fill the Void of a Unified African Currency

He said Africa was losing as much as $5 billion yearly because such a payment system does not currently exist.

1 year ago

In Historic Deal, Afreximbank, African Oil Producers Sign Agreement to Float Energy Bank

Africa’s multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a deal with the African Petroleum Producers Organisation…

2 years ago

Afreximbank Invested Over $42bn in African Enterprises in Five Years

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday disclosed that the African Export-Import Bank (Afreximbank) had invested more…

3 years ago

Nigeria: Afreximbank Gives $400,000 Grant To NIPRD To Boost Local Pharma

African Export-Import Bank (Afreximbank) has approved US$400,000 in grant funding to the National Institute for Pharmaceutical Research and Development (NIPRD)…

3 years ago

Afreximbank to Deliver 40m J&J Covid Vaccines to Nigeria

President of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank will supply a total of 40…

3 years ago

Afreximbank Grants $100 million Overdraft to African Countries for COVID-19 Supplies

The African Export-Import Bank (Afreximbank) on Tuesday announced a $100 million financing to enable its member states procure COVID-19 related…

4 years ago