THE African Petroleum Producers Organization (APPO), and the African Export-Import Bank (Afreximbank), have signed the requisite documents for the establishment of a $5 billion Africa Energy Bank. The proposed bank is an institution set up to facilitate, promote, and finance the development of Africa’s hydrocarbon deposits of oil, gas, and …
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Afreximbank, CDP Sign MoU For €100m Facility To Support Food Security In Africa
THE official Italian financial institution for international development cooperation and Afreximbank have signed a Memorandum of Understanding(MoU) for a 100 million euros facility to support food security in Africa. A statement issued by Vincent Musumba, Manager, Communications and Events, Afreximbank, on Monday said the new financing facility was also to …
Read More »FG, Afreximbank Partner On $1bn Healthcare Investment
THE Federal Government and African Export-Import Bank (Afreximbank) have committed to a $1 billion partnership to revolutionise Nigeria’s healthcare sector. This initiative falls under the Presidential Initiative for Unlocking Healthcare Value Chains, PVAC, with a view to comprehensively strengthening Nigeria’s healthcare sector. In a meeting with Afreximbank President, Professor Benedict …
Read More »Afreximbank Launches African Gastronomy And Culinary Arts Programme
The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today in Cairo launched an African Gastronomy and Culinary Arts Programme under its Creative Africa Nexus Initiative (CANEX). Launched during the third Intra-African Trade Fair (IATF2023), the CANEX African Gastronomy and Culinary Arts Programme is the newest vertical within the CANEX programme and featured …
Read More »Lagos Signs $1.35 Billion Deal For Fourth Mainland Bridge, Other Key Projects
THE Lagos State Government has signed a partnership with the African Export-Import Bank (Afreximbank) and Access Bank for an investment of $1.352 billion investment in long-term infrastructure projects in the state. The Lagos State Governor, Babajide Sanwo-Olu, who signed on behalf of the state government, in a post on his …
Read More »Afreximbank invests over $500m in maritime sector
The African Export Import Bank (Afreximbank) has said its intervention in the maritime sector in the last three years include more than $500million facilities for the Onne Port expansion in the Onne FTZ, Nigeria, Gabon, Cote D’ivoire, vessel finance for delightering, security patrol of offshore platforms, hotels in Cape Verde. …
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