Business Featured

Afreximbank boss honored with Russia National Award

Ihesiulo Grace 5 November 2019 0

 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

Africa Banking Business

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

Ihesiulo Grace 18 September 2019 0

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 […]

Banking Business

Afreximbank appoints Idrissa Diop compliance director

Ihesiulo Grace 19 July 2019 0

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,

Business

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

Ihesiulo Grace 24 May 2019

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 […]