Afreximbank Archives - Nigeria Business Now

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AfreximBank, BoI, Wema, Others to Sponsor Africa Leather Fair In Lagos

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…]

June 28, 2024 by Eberechi Constance Comments are Disabled

Business

Afreximbank supports Fidelity Bank’s acquisition of Union Bank UK with $40m

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…]

June 10, 2024 by Eberechi Constance Comments are Disabled

Business

UBA, Afreximbank announces $2.25bn initial disbursement for crude oil prepayment facility

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…]

January 13, 2024 by Eberechi Constance Comments are Disabled

Business

Oando Secures $800m Afreximbank Commitment For Agip’s Assets Acquisition

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…]

November 15, 2023 by Eberechi Constance Comments are Disabled

Business

Afreximbank, Cexim sign $600m deal to boost China-Africa trade

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…]

October 25, 2023 by Eberechi Constance Comments are Disabled

Business

Afreximbank signs MoU with UAE to promote Intra African trade

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…]

September 4, 2023 by Eberechi Constance Comments are Disabled

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