The African Export-Import Bank (Afreximbank) was established in Abuja, Nigeria in October 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member States and multilateral organizations, and which confers on the Bank the status of an international multilateral organization; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders.
The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on September 30, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. The Bank has branch offices in Harare, Zimbabwe, and Abuja, Nigeria.
Vision: To be The Trade Finance Bank for Africa.
Mission Statement: To stimulate a consistent expansion, diversification and development of African trade while operating as a first class, profit-oriented, socially responsible financial institution and a centre of excellence in African trade matters.
The Bank has four categories of shareholders, namely:
CLASS “A” – comprising African governments, central banks, African regional and sub-regional institutions.
CLASS “B” – consisting of African private investors and financial institutions.
CLASS “C” – made up of non-African financial institutions, export credit agencies and private investors.
CLASS “D” – a new category created in December 2012, under which any person or entity can be allotted shares.
- 28 June 2017 – Speakers Highlight Need for Regional Integration as Afreximbank AGM opens
- 12 June 2017 – Afreximbank President Meets Burkinabe President, Announces Support for Development of Cotton Value Chain in West Africa
- 7 June 2017 – Afreximbank and Development Bank of Belarus Agree $150-Million Facility for Belarus-Africa Trade
- 6 June 2017 – Afreximbank Sees Africa Advancing to Centre of Global Trade
- 2 June 2017 – Afreximbank Closes Record $632.9 Million and Euro 499.6 Million Syndicated Term Loan Facility
- 25 May 2017 – Afreximbank Urges DFI Partnerships to Push Africa’s Industrialisation
- 25 May 2017 – Afreximbank Pursues High-Level Engagements at African Development Bank Annual Meetings
- 25 May 2017 – Ivorian Vice President Receives President Oramah
- 18 May 2017 – Afreximbank’s financing to Nigeria tops $35 billion
- 17 May 2017 – Afreximbank says Senegal Pipeline now $1.6 billion
- 17 May 2017 – Afreximbank to commit up to $500 million to revive Gambia’s agriculture, financial services and tourism infrastructure
- 17 May 2017 – Afreximbank pledges financial support for Guinea’s development plan and power agenda
- 29 April 2017 – Afreximbank Grants $300 million to National Bank of Egypt to Support Industrialisation
- 19 April 2017 – Afreximbank Pledges Support to Cape Verde
For more information: www.afreximbank.com.