Afreximbank

July 05, (THEWILL) — The Federal High Court in Lagos has reserved ruling until September 29, 2026, on a preliminary objection filed by the African Export-Import Bank (Afreximbank) challenging the court's jurisdiction to hear an intellectual property infringement suit...

April 16, (THEWILL) — African Export-Import Bank (Afreximbank) posted a profit of US$1.15 billion (about ₦1.5 trillion) for 2025, up from US$973.5 million (₦1.3 trillion) recorded in 2024, reflecting stronger earnings and continued balance sheet expansion. The improved performance was...

March 31, (THEWILL) — African Export-Import Bank has raised $2 billion through a three-year dual-tranche syndicated term loan facility, marking the largest borrowing in the bank’s history. The milestone was announced in a press statement dated March 30, 2026,...

January 23, (THEWILL) — The African Export-Import Bank (Afreximbank) has terminated its credit rating relationship with Fitch Ratings, signalling a strategic shift in how the pan-African lender evaluates and communicates its creditworthiness to investors. Fitch Ratings, one of the world’s...

June 30, (THEWILL) — In a landmark step toward financial sovereignty and economic integration, Africa has launched its first continent-wide card scheme, PAPSSCARD, designed to facilitate seamless, secure, and cost-effective transactions across African borders. The PAPSSCARD was formally unveiled on...

June 28, (THEWILL) — The African Export-Import Bank (Afreximbank) has announced the appointment of Dr. George Elombi as its next President and Chairman of the Board of Directors. The decision was ratified during the Bank’s 32nd Annual General Meeting...

January 16, (THEWILL) – Leading development financing institution, Afreximbank, has indicated its interest to collaborate with Nigeria on aircraft financing. This significant milestone in Nigeria's aviation sector was achieved during a side meeting held with the Afreximbank team at...

November 11, (THEWILL) - The African Export-Import Bank (Afreximbank) has signed a Term Sheet with Mediwood Studios, securing a US$3 million facility to support the expansion of the Tunisian studio’s operations. The agreement, formalised on the sidelines of the...

September 20, (THEWILL) – In a significant move to advance the Bakassi Deep Seaport project, major stakeholders have formally endorsed their commitment to supporting and overseeing the realisation of the project. Key stakeholders who pledged their dedication to the project...

February 25, (THEWILL) - The Federal Ministry of Health and Social Welfare and African Export–Import Bank (Afreximbank), have signed a Memorandum of Understanding (MoU) to support the development of Nigeria’s healthcare sector under the Presidential Initiative for Unlocking Healthcare...