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Afreximbank grows total assets by 7.6% to $14.4bn

.Exceeds $1bn income mark The African Export-Import Bank (Afreximbank) on Wednesday released its audited financial statements for the year ended 31 December 2019, showing a strong and consistent growth, with total assets growth of 7.6 per cent to $14.44 billion, as against $13.42 billion declared in the corresponding period of 2018. The African lender reported […]
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Keystone Bank, Afreximbank, others partner to promote African Creative Industry

Keystone Bank Limited has re-emphasised its commitment to the growth and development of the Africa’s creative industry as the lender recently partnered with the African Export-Import Bank (Afreximbank) and other multilateral agencies to host the maiden edition of the Creative Africa Exchange Weekend (CAX WKND) in Kigali, Rwanda. According to the organizers, the Creative
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CAX WKND: Afreximbank announces $500m creative industry support fund

As the Creative Africa Exchange Weekend (CAX WKND) rounded up in Kigali, the African Export-Import Bank (Afreximbank) has announced a $500 million envelope to support the production and trade of African cultural and creative products over the next two years. CAX WKND, which is Africa’s first continental event dedicated to promoting exchange within the creative […]
Business

Russia-African trade volume to hit $17.5bn – Experts

Experts have predicted that the trade turnover between Russia and Africa would double in the next three years. Last year, the total export volume of Russia and African countries grew by 18% and reached USD 17.5 billion. Managing Director of Afreximbank’s Intra-African Trade Initiative, Kanayo Awani and Deputy Governor of the Central Bank of Egypt, […]