The bank’s net profit increased from US$275.9million in 2018 to US$315.3million last year Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank, has unveiled a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. The Bank’s President Prof. Benedict Oramah, who made the announcement in …
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The third edition of IATF has also been postponed from 2022 to 2023 to be in line with the two-year intervals between IATF events. Kampala, Uganda | ISAAC KHISA | Owing to the ravaging COVID-19 pandemic, the African Export-Import Bank, the African Union and the Rwandan government have decided to …
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Kampala, Uganda | Isaac Khisa | The African Export-Import Bank (Afreximbank) has released its audited financial statements for the year ended 31 December 2019, showing strong and consistent growth, with total comprehensive income of $324.2 million. The results, which reflected a net income of $313.3 million, 14.3 percent increase over the 2018 …
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Kampala, Uganda | Isaac Khisa | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a US$3bn facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and health impacts of the COVID-19 pandemic. PATIMFA, approved by the Bank’s Board of Directors during its sitting on March.20, …
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Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) has announced a roadshow in Kigali to show the Rwandan private sector how it can become a primary beneficiary of the African Continental Free Trade Area (AfCFTA) which will provide significant opportunities to access the largely untapped markets and …
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Kampala, Uganda | KHISA ISAAC | Andrei Slepnev is the Director General for Russian Export Center (REC), the organisers of the first ever Russia-Africa Economic Forum with the African Import Export Bank. He spoke to Russia News Agency about the opportunities that lies ahead of the summit. QUESTION: Russia-Africa Forum is …
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Kampala, Uganda | THE INDEPENDENT | Uganda has signed a hosting agreement and a memorandum of understanding with African Export-Import Bank (Afreximbank) to host their East African regional office starting next month. The announcement was made after a meeting between leading officials of the bank and President Yoweri Museveni at State …
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Kampala, Uganda | THE INDEPENDENT | A delegation from the African Export-Import Bank (Afreximbank), led by the President, Prof. Benedict Oramah, visited the Bank of Uganda in Kampala today to pay a courtesy call on the Governor, Prof. Emmanuel Tumusiime-Mutebile, and to brief him about the Bank’s support to the Ugandan …
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Kampala, Uganda | THE INDEPENDENT | The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, on Thursday in Kampala met with Matia Kasaija, Minister of Finance Planning and Economic Development of Uganda, for a courtesy call and to brief the minister about the Bank’s support to Uganda’s economic …
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Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) today concludes a three-day retreat in Kampala, Uganda for the mid-term review of its Fifth Strategic Plan dubbed IMPACT 2021: Africa Transformed. Afreximbank operates on five-year strategic plans. The current strategic plan, which is the Bank’s fifth, covers the …
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