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Ghana allocates $83.4mn for Africa Energy Bank subscription amid fiscal challenges

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Ghana plans to allocate approximately $83.4mn by March 31 as its initial subscription capital to host the proposed Africa Energy Bank (AEB). The AEB, a...

IATF2023: Afreximbank gives US$1 billion boost to African film industry

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The African Export-Import Bank (Afreximbank) is working on the establishment of a US$1 billion African Film Fund to be launched in 2024 to support...

Afreximbank sees intra-African trade as key to unlocking Africa’s true potential 

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    The third Intra-African Trade Fair (IATF2023) kicked off in Cairo on Wednesday with Chief Olusegun Obasanjo, former President of Nigeria and chairman of the...

Africa and Caribbean eye US$16 trillion south-south trade potential

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The President of the Co-operative Republic of Guyana Mohamed Irfaan Ali has challenged the regional private sector to collaborate with their African counterparts to...

All is set for 2nd Africa-Caribbean Trade and Investment Forum in...

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The second edition of the Africa-Caribbean Trade and Investment Forum (ACTIF2023) kicks off in Georgetown, Guyana on Monday (30 October), focusing on consolidating commercial...

Afreximbank opens CARICOM office in Barbados to expand trade relations

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African export-import bank (Afreximbank), a Pan-African multilateral financial institution, has opened its maiden Caribbean Community (CARICOM) office in Barbados aimed at expanding Africa-Caribbean trade...

Fitch affirms Afreximbank’s rating at ‘BBB’, outlook stable

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The global rating agency, Fitch Ratings, has affirmed the African Export-Import Bank’s (Afreximbank) Long-Term Issuer Default Rating (IDR) at ‘BBB’, with a Stable Outlook. Fitch...

AAM2023: Dangote and others awarded at maiden Pan-African Business Awards

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The African Export-Import Bank (Afreximbank) has hosted the inaugural Pan-African Business and Development Awards in association with the Business Council for Africa in Ghana’s...

AAM2023: Akufo-Addo calls for strong African financial institutions

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The African continent would be unable to achieve its growth objectives unless it had strong development financial institutions, President Nana Addo Dankwa Akufo-Addo of...

Afreximbank stakes US$6 billion to strengthen food security in Africa

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The African Export-Import Bank (Afreximbank) has staked US$6 billion in development financing to strengthen Africa’s food security prospects which has faced severe challenges due...
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