Today, Deputy Administrator Isobel Coleman announced the launch of the Africa Trade Desk, a signature trade platform from Prosper Africa that links large U.S. food retailers to African producers. The…
Afreximbank’s Fund for Export Development in Africa inaugurates Kigali office with eye on addressing Africa’s $110 billion equity financing shortfall
Kigali, 20 March 2024: – The African Export – Import Bank (Afreximbank) has officially unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA was established to…
Africa exports expected to hit USD1 trillion by 2035
By 2035, Africa exports are set to experience a remarkable surge, approaching nearly USD1 trillion. The driving force behind this economic milestone is the African Continental Free Trade Area (AfCFTA), a collaborative effort encompassing…
Afreximbank commits $2 billion as partners sign agreement for Export Agriculture for Food Security Initiative
Cairo, 14 November 2023: The African Export-Import Bank (Afreximbank) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial…
AfCFTA can break Africa’s colonial legacy of exporting raw materials and importing finished goods, IATF2023 participants hear
Cairo, 12 November 2023: The African Continental Free Trade Area (AfCFTA) can break Africa’s colonial legacy of exporting raw materials and importing finished goods, Jean-Louis Ekra, Deputy Chairperson of the…
ACTIF23 Ends on a High Note with Solid Resolutions for a Shared Prosperous Future
Georgetown, Guyana, 31, October 2023: The curtains have come down on the second AfriCaribbean Trade and Investment Forum (ACTIF23) in Georgetown, Guyana. This two-day confluence, anchored under the theme ‘Creating…
FEDA invests in Cabinda Oil Refinery, supporting Angola’s energy independence and the reduction of carbon emissions
17th October 2023 – The Fund for Export Development in Africa (“FEDA”), Afreximbank’s impact investment subsidiary, has announced an investment into Cabinda Oil Refinery, an integrated modular oil refining platform in Angola being developed by…
AfriCaribbean Trade and Investment Forum 2023 in Guyana hears clarion call for south-south cooperation
PRESS RELEASE AfriCaribbean Trade and Investment Forum 2023 in Guyana hears clarion call for south-south cooperation Georgetown, Guyana - 30 October 2023: The AfriCaribbean Trade and Investment Forum (ACTIF23) opened…
Rwanda to host the African Trade Insurance Agency’s 23rd AGM in July
The African Trade Insurance Agency (ATI) is set to hold its upcoming Annual General Meeting in Kigali, Rwanda - the pan-African multilateral trade & investment insurer has disclosed. The event is scheduled…
Five African Multinational Commercial Banking Groups Embrace PAPSS New Settlement Model
Signing Ceremony of Memorandum of Understandings between PAPSS and 5 African Group Banks June 19, 2023, in Accra, Ghana. Accra, Wednesday 28 June 2023 – PAPSS, the Pan-African Payment and Settlement…
