Browsing Tag
Afreximbank
7 posts
Afreximbank finalizes US$190 million financing deal for Zimbabwe’s CBZ Bank
Afreximbank has provided US$190 million in financing to Zimbabwe’s CBZ Bank to support trade, small businesses, and energy sector stability.
Afreximbank Announces $50,000 CANEX Create-thon to Empower African Creative Talent
Afreximbank and Gebeya have launched a $50,000 innovation competition to support African creators in film, music, and gaming with access to technology and funding.
Afreximbank’s Digital Platform Facilitates $5.3 Million Energy Trade
Afreximbank's Africa Trade Gateway platform has facilitated a $5.3 million cross-border gasoil deal between Zimbabwean firm Witeva Trading and a Swiss supplier.
Nigeria Customs and Afreximbank strengthen collaboration to enhance continental trade
The Nigeria Customs Service and Afreximbank have pledged to strengthen their cooperation to facilitate smoother cross-border trade and support the African Continental Free Trade Area.
Afreximbank Urges African Nations to Halt Raw Lithium Exports
Afreximbank’s Dr. George Elombi has urged African nations to process lithium domestically for EV battery production instead of exporting it as a raw material, pledging financial support for local manufacturers.
Afreximbank Chief Urges African Nations to Stop Raw Lithium Exports and Launch EV Battery Manufacturing
Afreximbank President Dr. George Elombi is calling for a shift in African economic strategy, urging nations to manufacture EV batteries locally rather than exporting lithium, while criticizing biased international rating agencies.
Nigeria Sees 21 Percent Growth in Intra-African Trade to $9.02 Billion in 2025
Nigeria's intra-African trade reached $9.02 billion in 2025, marking a 21 percent increase supported by the AfCFTA framework and improved logistical corridors.