President Bola Tinubu has extended warm congratulations to President Cyril Ramaphosa of South Africa, on his re-election. The President, in a statement by Chief Ajuri Ngelale, his Special Adviser (Media & Publicity), also congratulated the people of South Africa on the peaceful and successful conduct of the general election. “While …
Read More »Obasanjo, Osinbajo, Sanwo-Olu glow at Afreximbank AGM, AfriCaribbean Forum in Bahamas (See pictures)
When Diplomats, Academics, others celebrated ECOWAS at 49 in New York, USA
The Economic Community of West African States (ECOWAS) Group at the United Nations (UN) and the ECOWAS Commission on Friday, June 7, 2024, hosted a High-Level Dialogue at the UN Headquarters in New York, United States to mark ECOWAS Day 2024. The June 7 event is a precursor to the …
Read More »Nine trafficked Nigerian girls arrive Lagos from Ghana
Lagos: June 15, 2024 Nine teenage Nigerian girls trafficked to Ghana have arrived the Murtala Muhammed International Airport, Lagos, following a visit by the Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa and representatives of the Senator Hope Uzodinma, Imo State Governor, Rt. Hon. Chyna Amara Iwuanyanwu (Deputy …
Read More »Nigeria’s Flamingos secure FIFA U-17 Women’s World Cup spot
Nigeria’s U-17 women’s team, the Flamingos, secured their place in the FIFA U-17 Women’s World Cup finals in the Dominican Republic with a convincing 2-0 victory over Liberia. The win not only sealed their qualification but also gave them a commanding 6-1 aggregate lead in the final stage of the …
Read More »Afreximbank disburses $40 million to support Fidelity Bank’s acquisition of Union Bank UK
CAIRO, Egypt African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc (“Fidelity”) to support Fidelity Bank’s acquisition and recapitalization of Union Bank UK as part of its international expansion programme. Provided in two tranches of US$20 million each, the …
Read More »Afreximbank’s Annual Meetings 2024 calls for Africans across the globe to unite
NASSAU, The Bahamas, June 13, 2024 Heads of State, Ministers, government officials, and renowned captains of industry were among the over two thousand delegates attending day one of the 31st African Export-Import Bank (Afreximbank) Annual Meetings (AAM) (www.Afreximbank.com) being held in Nassau, The Bahamas from June 12-15. Themed “Owning our …
Read More »African Export-Import Bank secures US$500 Million Dual Tranche Syndicated Term Loan Facility
CAIRO, Egypt, June 12, 2024 Industrial and Commercial Bank of China Limited (ICBC), London Branch and Standard Chartered Bank (SCB) have successfully closed a US$500,000,000-Dual Tranche Syndicated Term Loan Facility (the “Facility”) for the African Export-Import Bank (Afreximbank or the Borrower) (www.Afreximbank.com). ICBC and SCB acted as Coordinators, Initial Mandated Lead Arrangers …
Read More »Dismantle all obstacles to full implementation of AfCFTA – Africa Economic Summit 2024
Dismantle all obstacles to full implementation of AfCFTA – Africa Economic Summit 2024 Participants at the 3rd Africa Economic Summit have called for the immediate dismantling of all obstacles to the full consummation of the African Continental Free Trade Agreement (AfCFTA) and the embracing of all the protocols of the …
Read More »Afreximbank celebrates 8 Awards at Europe, Middle East, and Africa Finance Achievement Awards and Project Finance Awards 2023 Charity Dinners
In a nod to its increasingly important contribution to Africa’s economic growth and development, Afreximbank (www.Afreximbank.com) has been recognised with a haul of eight Awards at the Europe, Middle East, and Africa (EMEA) Project Finance and EMEA Achievement Awards 2023 Charity dinners held in London on June 5 and 6 …
Read More »President, UN General Assembly, Dennis Francis, undertakes official visit to Juba, South Sudan
New York, 11 June 2024 The President of the United Nations General Assembly (PGA), His Excellency Mr. Dennis Francis, will travel to Juba, the Republic of South Sudan, from 12 to 15 June 2024. The PGA, according to a statement by his Media Office, intends to use the opportunity of …
Read More »Nigeria’s FIFA World Cup hopes suffer setback following defeat by Benin Republic
Nigeria’s 2026 FIFA World Cup qualifying hopes hang in the balance after a 1-2 loss to Benin Republic at the Stade Felix Houphouet-Boigny in Abidjan on Monday. Raphael Onyedika put the Eagles in front after 28 minutes when he cleverly chipped the ball past goalkeeper Marcel Dandjinou from the edge …
Read More »Dabiri-Erewa visits stranded Nigerian girls in Ghana; Calls for war against human trafficking
Abuja: June 10, 2024 Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has condemned in strong terms, modern day slavery in the form of human trafficking. This follows the intervention of NiDCOM in the case of the 10 Nigerian girls trafficked to Ghana for prostitution, under the guise of …
Read More »2024 Dominican Republic: Nigeria’s Flamingos beat Liberia 4-1 in Monrovia
By Georgina Adegbie Abuja, June 9, 2024 Nigeria’s Under 17 football female team, the Flamingos, defeated their hosts Liberia 4-1 in the first leg of the final qualifying fixture for this year’s FIFA Under 17 Women’s World Cup match. The News Agency of Nigeria (NAN) reports that the match was …
Read More »Trafficked girls rescued in Ghana return to Nigeria this week – Dabiri-Erewa, NiDCOM boss
The Chairman/CEO Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has said that the ten mostly teenage girls who were rescued from the hands of their trafficker in Ghana are now in safe hands and would be returned to Nigerian soon. A video showing the girls, eight of who are …
Read More »NCDMB shares local content experiences with Uganda Energy officials
Key officials of the Uganda National Oil Company (UNOC) on Monday began a working visit to the Nigerian Content Development and Monitoring Board (NCDMB), stating that they came to learn and that their country stands to gain substantially from Nigeria’s experience in local content development. Welcoming the four-member UNOC delegation …
Read More »ECOWAS court president promises collaboration towards parliament’s direct elections, independence
R-L: Justice Asante and Speaker Ibrahima, during the latter’s visit to the former in Abuja on Friday (NAN) By Mark Longyen Abuja, June 8, 2024 The President of ECOWAS Court, Justice Edward Asante, has promised to support the ECOWAS Parliament in efforts being made towards conducting direct elections of its …
Read More »2026 WC qualifier: South Africa hold Super Eagles to 1-1 draw in Uyo
By Muhyideen Jimoh/Isaiah Eka Abuja, June 7, 2024 The Super Eagles of Nigeria were held to a 1-1 draw by Bafana Bafana of South Africa in their 2026 FIFA World Cup qualifiers matchday three at the Godswill Akpabio Stadium in Uyo on Friday. The News Agency of Nigeria (NAN) reports …
Read More »Bandit leaders Baleri, Turji dismiss, mock arrest claims in new video
A week after PRNigeria’s fact-check debunked the story it carried of the alleged arrest of notorious bandit leader Baleri Fakai, a new video has appeared showing Baleri and another terrorists’ leader, Bello Turji, ridiculing the arrest claims. The video features the duo, flanked by their followers, with rifles slung over …
Read More »APPOs, Afreximbank sign Establishment Agreement of Africa Energy Bank; Declare it open for signature by prospective member states
Cairo, Egypt, 4 June 2024: African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ceremony held at the Ministry of Petroleum and Mineral Resources of the Arab Republic …
Read More »Uzodimma unveils AfreximBank’s Africa Quality Assurance Centre in Imo
Governor Hope Uzodimma has recorded another feat in his administration’s determination to boost commerce and industry in Imo State as he was joined Monday by officials of the Africa Import-Export Bank (AfreximBank) to unveil the second Africa Quality Assurance Centre (AQAC) in the State. The unveiling ceremony took place at …
Read More »When top Diplomats, other dignitaries graced 2024 Africa Day celebrations in New York, USA
The Africa Day 2024 was fully commemorated in New York, United States of America (USA), the seat of the United Nations. Coordinated by the Permanent Observer Mission of the African Union (AU) to the United Nations, led by Ambassador Fatima Kyari Mohammed, the event was attended by dignitaries from far …
Read More »Aliko Dangote’s noble quest for Africa’s self-sufficiency and prosperity By Abiodun Alade
Africa is a resource-rich continent but relatively poor in terms of manufacturing goods. According to the 2023 African Trade Report by the African Export-Import Bank (Afreximbank), the 54 countries of Africa combined accounted for only about 2.9 per cent of global trade in 2022, slightly up from 2.7 per cent …
Read More »South Africa: Economics above politics By Dakuku Peterside
South Africans voted in national and local elections on May 29, exactly one year after Nigeria inaugurated its current president. Since 1994, this election has been the most significant post-apartheid election and the most unpredictable in the country’s 30 years of democratic rule. The ruling African National Congress (ANC) lost …
Read More »Latin America hosts 2025 global workshop on nuclear-test ban – CTBTO
The Executive-Secretary of CTBTO Dr Robert Floyd. (NAN) By Fortune Abang Banjul, June 1, 2024 The Comprehensive Nuclear-Test Ban Treaty Organisation (CTBTO) on Saturday declared Latin America host for its 2025 global workshop on nuclear-test ban. The Comprehensive Nuclear-Test-Ban Treaty (CTBT) is a multilateral agreement which opened for signature …
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