The Nigeria Sovereign Investment Authority (NSIA) is preparing to host over 15 African sovereign wealth funds and top global investment leaders at the Africa Sovereign Investors Forum (ASIF) 2025, which …
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AfricaBusinessDevelopmentEventsFinance & ServicesINVESTMENT
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BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
World Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led Investment
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
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Banking, Finance & InvestmentEconomyFinance & ServicesGhanaInternational RelationsPoliciesWestern Africa
Ghana and Afreximbank Clash Over $768 Million Debt Restructuring
Ghana is currently embroiled in a significant dispute with the African Export-Import Bank (Afreximbank) concerning the restructuring of a $768.4 million debt. This disagreement has emerged as a critical issue …
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AfricaArts & CultureBanking, Finance & InvestmentCentral AfricaDevelopmentEconomyEntertainmentINVESTMENTTrade and Commerce
Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry
The African Export-Import Bank (Afreximbank) has launched a $1 billion Africa Film Fund to support the continent’s fast-growing but underfunded creative industry. The new initiative, part of Afreximbank’s Creative Africa …
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AfricaDangote IndustriesEnergyFinance & ServicesInfrastructureSpotlightTrade and Commerce
Afreximbank Launches $3bn Credit Line to Support Fuel Imports Across Africa, Caribbean
The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. …
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AfricaEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaTrade and CommerceWestern Africa
Afreximbank Disbursed $50bn to Nigeria in 10 Years – Oramah
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …
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BusinessEconomyFinance & ServicesGOVERNMENT
Afreximbank Invests Over $50bn in Nigeria in 10 Years, Opens Trade Centre in Abuja
Afreximbank has pumped over $50 billion into Nigeria’s economy in the last ten years. The bank said the money was spread across major sectors like energy, manufacturing, healthcare, transport, infrastructure, …
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BusinessEnergyFinance & ServicesInsuranceINVESTMENTNigeriaWestern Africa
AfrexInsure Partners with Oando to Strengthen Investment Protection
AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsTechnologyWestern Africa
Afreximbank moves to facilitate international trade with the launch of AFPAY
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
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AfricaBanking, Finance & InvestmentEastern Africa
Afreximbank, EABC launch trade, investment council
African Export-Import Bank (Afreximbank) and the East Africa Business Council (EABC) have launched the EABC – Africa Trade and Investment Council, with the goal of creating a platform for engagement …