Afreximbank has signed financing and other agreements valued in excess of one billion dollars with leading business entities from across the African continent. This was the highlight of the third day of the third Intra-African Trade Fair (IATF2023) currently holding in Morocco.

Afreximbank and Egyptian Exporters Association empower 150 African SMEs

One hundred and fifty small and medium-sized enterprises (SMEs) from 10 African countries are set to become Africa’s latest businesses positioned for the global export market with participation in the Export Readiness Programme (RERP) implemented by African Export-Import Bank (Afreximbank) and the Egyptian Exporters Association (Expolink) in Cairo, Egypt. Designed to equip the SMEs with…

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Shell Nigeria Announces FID on Bonga North

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55%…

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EBID wins ‘Financial Institution of the Year (Africa) at the Africa Sustainability Awards.

The Advisory Board of the African Sustainability Awards in partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO) has selected the ECOWAS Bank for Investment and Development (EBID) as the winner of the Financial Institution of the Year – Africa category at the Africa Sustainability Awards. The award will be presented during an event…

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