Afreximbank forecasts Africa’s inflation will drop to 7.2% in 2025
Africa’s average inflation rate is projected to decline from 8.6% in 2024 to 7.2% in 2025, according to the February 2025 Afreximbank…
Afreximbank
Nigeria, nine others account for 69% of Africa’s debt – Afreximbank
Nigeria is one of the 10 African countries that together account for 69 per cent of the continent’s total external debt, according…
Nigeria tops Afreximbank beneficiaries with $52bn disbursement
Nigeria has received about $52 billion in total disbursements from Afreximbank, making it the bank’s top beneficiary in Africa. Afreximbank President and…
Afreximbank commits to aircraft financing for Nigerian airlines
Afreximbank has agreed to support aircraft financing for Nigerian airlines during a side meeting at the ongoing Aviation Economic Conference in Dublin,…
AfreximBank to initiate capacity development for businesses in AfCFTA
The African Export-Import Bank announced plans to create a capacity development program targeted at allowing African enterprises to capitalize on the opportunities…
Afreximbank approves $25bn share capital raise to propel continent’s growth
The African Export-Import Bank shareholders have authorized an increase in the permissible share capital from $5 billion to $25 billion. This was…
Afreximbank disburses $18bn for crude oil projects across Africa
The African Export-Import Bank 2023 said it granted a total of $18 billion to various projects across Africa, with the strategic goal…
Nigeria to get $1bn Afreximbank loan May
Nigeria is set to receive the balance of $1.05 billion from a $3.3 billion Afrexim bank loan backed by oil revenues by…
Afreximbank predicts decline in Nigerian banks’ earnings
Analysts forecast that major banks in Nigeria would likely see a decline in earnings this year, which is attributed to challenges posed…
Imo, Afreximbank in advance talk for $1.5bn S’East investment
The Governor of Imo State, Hope Uzodimma, has revealed an ongoing discussion with the the President of the Africa Export Import Bank,…
Afreximbank, denies payment of $3bn loan from NNPCL with $12bn
The President and Chairman of the Board of Directors of the African Export-Import Bank has denied that the Nigerian National Petroleum Corporation Limited’s $3.3…
AFC signs $40m deal with Afreximbank, King’s College Hospital
In order to build the African Medical Centre of Excellence in Abuja, King’s College Hospital and the Africa Finance Corporation inked a…