AfreximBank, BoI, Wema, Others to Sponsor Africa Leather Fair In Lagos As all is set for the Lagos Leather Fair (LLF) 2024, organisers said they have secured sponsorship deals with prestigious organisations, including AfreximBank, Bank of Industry (BoI), Wema Bank, Leadway Assurance, Remita, and Ananse.com, for the event. Lagos[Read More…]
Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of Union Bank United Kingdom. A statement issued by Mr Vincent Musumba, Manager, Communications and[Read More…]
UBA, Afreximbank announces $2.25bn initial disbursement for crude oil prepayment facility United Bank for Africa Plc (UBA) and the African Export-Import Bank (Afreximbank) has announced an initial disbursement of $2.25 billion under a syndicated $3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL).[Read More…]
Oando Secures $800m Afreximbank Commitment For Agip’s Assets Acquisition Oando Plc has signed a $800m loan deal with the African Export and Import Bank at the ongoing Intra-African Trade Fair in Cairo, Egypt. Signed on Tuesday, the deal was to facilitate the energy giants acquisition of 100 per cent[Read More…]
Afreximbank, Cexim sign $600m deal to boost China-Africa trade The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) have inked a historic $600m loan deal to enhance trade and economic cooperation between Afreximbank member states and China. The agreement was overseen by the President of CEXIM, ShengjunRen,[Read More…]
Afreximbank signs MoU with UAE to promote intra African trade The African Export-Import Bank (Afreximbank) signed an MOU with the United Arab Emirates (UAE) Trade Center, to promote the TRADAR Club solution in the market. The Cooperation Agreement, signed between Afreximbank and the UAE Trade Center on the sidelines[Read More…]
