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Zambia’s Finance Minister Joins African Energy Week 2024 amid calls for foreign investment in untapped energy opportunities

CAPE TOWN, South Africa, June 19, 2024 Zambia’s Minister of Finance and National Planning Situmbeko Musokotwane will speak at the upcoming African Energy Week (AEW): Invest in African Energy Conference – Africa’s premier energy event, scheduled for November 4-8 in Cape Town. Through his participation, Minister Musokotwane will provide strategic …

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 Ramaphosa visits Tinubu; Underscores need for stronger partnership between South Africa, Nigeria  

President Bola Tinubu on Thursday in Johannesburg, South Africa, held a private meeting with President Cyril Ramaphosa. Before the closed meeting, which was held at Radisson Blu Hotel in Johannesburg, President Ramaphosa thanked President Tinubu for honouring the invitation to attend his inauguration for a second term in office, a …

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Afreximbank, Africa CDC pledge US$2 billion facility in support of Africa Health and Pharmaceutical Products Manufacturing

PARIS, London, June 20, 2024 African Export-Import Bank (“Afreximbank” or “the Bank”) (www.Afreximbank.com) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new cooperation agreement announced Thursday on the sidelines of the Global Forum for Vaccine Sovereignty and Innovation in Paris, France. …

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Without AfreximBank’s President Oramah, Dangote Refinery won’t have been possible – Aliko Dangote; Says foreign interests resisted world’s largest refinery in Nigeria  

Plus: How CNN censored his comments Global and local oil mafia including international banking interests all made several moves to foil the location of the biggest oil refinery in the world in Nigeria, according to Alhaji Aliko Dangote and other knowledgeable sources, Empowered Newswire reports. Dangote made this revelation during …

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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 …

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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 …

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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 …

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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 …

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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 …

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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  …

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