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Tag "Afreximbank"

Afreximbank announces $2.5bn investment in Nigeria to support infrastructure projects

    Afreximbank announces $2.5bn investment in Nigeria to support infrastructure projects

The African Export-Import Bank (Afreximbank) says it will invest $2.5 billion in Nigeria to support critical infrastructure projects in the country. Benedict Oramah, president of Afreximbank, announced this on Thursday

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Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

    Report: NNPC mulls $2.5bn loan facility for stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) is reportedly in talks with investors to borrow $2.5 billion to acquire a stake in the Dangote Refinery. Reports by Daily Independent, said the

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Afreximbank forecasts 10% rise in oil prices by 2021

    Afreximbank forecasts 10% rise in oil prices by 2021

The African Export-Import Bank (Afreximbank) has predicted that oil prices will rise by 10 percent in 2021. This was contained in the ‘Afreximbank African Commodity Index (ACCI) third quarter (Q3)

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Afreximbank launches $1.5bn COVID-19 response facility

    Afreximbank launches $1.5bn COVID-19 response facility

African Export-Import Bank (Afreximbank), a pan-African multilateral trade finance institution, and its partners have launched a $1.5 billion collaborative COVID-19 pandemic response facility (COPREFA) to support African economies.  In a

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Zenith Bank receives $200m from Afreximbank to maintain FX trade flows

  Zenith Bank receives $200m from Afreximbank to maintain FX trade flows

The African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank through its pandemic trade impact mitigation facility (PATIMFA).

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Benedict Oramah reappointed Afreximbank president

  Benedict Oramah reappointed Afreximbank president

Shareholders of the African Export-Import Bank (Afreximbank) have reappointed Benedict Oramah as president of the pan-African multilateral financial institution for

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Afreximbank lobbies Nigeria to increase shareholding

  Afreximbank lobbies Nigeria to increase shareholding

The African Export-Import Bank (Afreximbank) says it is hoping that Nigeria will increase its shareholding in the bank. Benedict Oramah,

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