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African Export-Import Bank (Afreximbank)

Afreximbank boss honored with Russia National Award

Afreximbank boss honored with Russia National Award

 President of the African Export-Import Bank (Afreximbank), Prof. Benedict Orama was on Tuesday honoured with Russia National Award for revitalising trade and economic relations between Africa and Russia. A statement issued on Tuesday by the Spokesman of Afreximbank, Mr Obi Emekekwue said that the national honour of “The Order of Friendship” was bestowed on Oramah […]

BFA signs on to Afreximbank’s AFTRAF, gets initial $50m credit

Afreximbank

Motolani Oseni Banco de Fomento Angola (BFA) has signed on to the African Export-Import Bank (Afreximbank) Trade Facilitation programme (AFTRAF) for an initial $50-million line of credit, becoming the first Angolan bank to sign on to the programme. Afreximbank in a statement signed by its Global Director, Communications and Branding, Obi Emekekwue, on Tuesday, stated […]

Afreximbank appoints Idrissa Diop compliance director

Motolani Oseni The African Export-Import Bank (Afreximbank) has appointed Idrissa Diop, formerly of Ecobank Transnational Inc., as its new Director of Compliance. Mr Diop, who, until his appointment, was Ecobank’s Group Head of Compliance, replaces Maureen Mba, who retired from Afreximbank in May after a long meritorious service. In a statement by Afreximbank’s spokesman, Mr […]

Afreximbank posts 59% increase in revenue to $240.71m in Q1

Joseph Inokotong – Abuja The African Export-Import Bank (Afreximbank) has recorded an increase of 59 per cent in revenue growth to $240.71 million for the three months ended 31 March 2019. The abridged unaudited financial performance for the period under review shows that the growth recorded is higher than $151.17 million achieved during the same […]