Tag:African Export-Import Bank (Afreximbank)

Macharia Kihuro: Why Afreximbank’s break with Fitch exposes a deeper rift

In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship with Fitch Ratings. The rationale for...

Court grants HEDA’s application, orders NNPC to disclose $3bn Afreximbank crude-for-cash loan

The Federal High Court in Abuja has ordered the Nigeria National Petroleum Company Limited (NNPC Ltd) to supply information regarding the emergency $3 billion...

Heirs Energies seals $750m financing agreement with Afreximbank

Heirs Energies Ltd. has sealed a $750 million financing agreement with the African Export-Import Bank (Afreximbank). The agreement was signed by Mr. Tony Elumelu, the...

Africa must raise factoring volumes to €240bn to support SME-led transformation – Afreximbank

Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and...

Shelter Afrique, Afreximbank forge partnership to unlock $1bn in investments

Shelter Afrique Development Bank (ShafDB) and African Export-Import Bank (Afreximbank) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership...

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Minister wants regional energy hubs established to boost cross-border mining

The Minister of Solid Minerals Development, Dele Alake, has called for the establishment of regional energy hubs as a...
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Elumelu Foundation commits $16m to empowering additional 3,200 young African entrepreneurs

The Tony Elumelu Foundation (TEF) on Sunday, March 22, unveiled 3,200 new beneficiaries with 5,000 dollars empowerment grant for...

Centre flags rising fake news, insecurity, political distrust shaping Nigeria’s pre-election climate

The Centre for Crisis Communication (CCC) has raised fresh concerns over a dangerous convergence of insecurity, political distrust, and...

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Minister wants regional energy hubs established to boost cross-border mining

The Minister of Solid Minerals Development, Dele Alake, has...

Elumelu Foundation commits $16m to empowering additional 3,200 young African entrepreneurs

The Tony Elumelu Foundation (TEF) on Sunday, March 22,...