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A service for global professionals · Wednesday, May 7, 2025 · 810,151,975 Articles · 3+ Million Readers
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West Africa Export-Import Bank Newswire

  • Published on May 6, 2025

    Nigeria approves $652m China Exim Bank road finance package

    Nigeria has approved a $652m (R11.88bn) China Exim Bank funding package for construction of a road to move goods from a sea port and petroleum refinery on the edge of its main city Lagos to its southern states, says public works minister David Umahi. The …

    Source: Sowetan - Neutral
  • Published on May 6, 2025

    Interview: AfDB presidential contenders to face off in landmark Africa CEO Forum debate

    As the race to lead the African Development Bank (AfDB) heats up, all eyes are on the upcoming Africa CEO Forum, where the five leading contenders for the presidency will take the stage for a high-stakes debate. For the first time in the Forum’s 12-year …

    Source: Business Day - Neutral
  • Published on May 6, 2025

    China’s New Approach Opens Africa to Gulf States’ Investment

    China has remodelled its African investment strategy, focusing on selective projects, co-financed deals, and debt restructuring, as Gulf states ramp up investments through sovereign-led funding, infrastructure expansion, and diversified acquisitions. Gulf …

    Source: News Central TV - Indeterminate
  • Published on May 6, 2025

    Afreximbank ready to fund Africa-Caribbean trade route

    Afreximbank has announced its readiness to help fund the development of a sustainable trade route between Africa and the Caribbean, Acting Chief Operating Officer of the African Export-Import Bank’s (Afreximbank) Caribbean office Okechukwu Ihejirika told …

    Source: The Nassau Guardian - Neutral
  • Published on May 6, 2025

    Nigeria: FEC approves $489mln, $652mln for dams, roads in Ondo, Ekiti, others

    Federal Executive Council (FEC) on Monday, approved a total of N787.14 billion and $651.7 million for a wide range of infrastructure and ecological projects across Nigeria, including major road constructions, dam rehabilitations, and irrigation schemes – …

    Source: Zawya - Indeterminate
  • Published on May 6, 2025

    AfreximBank Plans Slash Of Africa’s $30bn Spend On Petroleum Products Import

    African Export-Import Bank (Afreximbank), has unveiled a project that will significantly reduce the amount of money spent by African countries while sourcing for refined petroleum products beyond the shores of the continent. The Bank, to achieve this has …

    Source: Daily Independent - Pending
  • Published on May 6, 2025

    Afreximbank to Fund African Energy Bank with $19bn in Bid to Raise Oil Industry Capacity

    •NNPC, Seplat, others showcase products, services at OTC 2025 Peter Uzoho in Houston, Texas The African Export Import Bank (Afreximbank)  would be funding the African Energy Bank (AEB) to the tune of $19 billion to increase the availability of financing …

    Source: This Day - Pro-Government
  • Published on May 5, 2025

    The African Banker Awards 2025 Shortlist

    The 2025 edition of the Awards will recognise and celebrate the strides being made by banks across the continent with a focus on innovation, transformation and also the promotion of inclusivity and gender equality. 58 nominees have made the shortlist for …

    Source: Business Ghana - Pending
  • Published on May 5, 2025

    Business growth between Africa and the Diaspora: An emerging revolution

    By Eric OSIAKWAN & Yaw OWUSU “I am not African because I was born in Africa but because Africa was born in me.” Among other philosophies, these timeless words from Kwame Nkrumah, Africa’s independence revolutionary and the first president of Ghana, …

    Source: Business and Financial Times - Pending
  • Published on May 5, 2025

    Afreximbank launches $3bn intra-African oil import financing programme

    Multilateral trade financing institution the African Export-Import Bank (Afreximbank) has launched a $3-billion revolving intra-African oil trade financing programme to finance the purchase of refined petroleum products by African and Caribbean oil buyers. …

    Source: Engineering News - Neutral
  • Published on May 6, 2025

    FEC Approves N787.14bn, $651.7mn for Major Road Projects, Dam Rehabilitation

    •Mulls establishment of cocoa management board Deji Elumoye in Abuja The Federal Executive Council (FEC) has approved several infrastructure and ecological projects across the country, including the rescoping of key federal roads, new road constructions, …

    Source: This Day - Pro-Government
  • Published on May 4, 2025

    GEXIM seeks strategic partnership to finance Ghanaian businesses

    In line with President John Dramani Mahama’s agenda to position Ghanaian businesses to play a major role in driving Ghana's economic growth, management of the Ghana Export – Import Bank (GEXIM) is seeking strategic partnership with the country’s …

    Source: Joy FM - Pending
  • Published on May 6, 2025

    FEC approves ₦787.14bn, $651.7m for major road projects, dam rehabilitation

    The Federal Executive Council (FEC), on Monday, approved a sweeping portfolio of infrastructure and ecological projects across the country, including the rescoping of key federal roads, new road constructions, and the rehabilitation of dams and irrigation …

    Source: The Citizen (Nigeria) - Indeterminate
  • Published on May 2, 2025

    Africa’s customs chiefs and quest to boost intra-regional trade

    By Martha Agas The African Continental Free Trade Area (AfCFTA) was unveiled in 2021 with the goal of increasing intra-African trade by reducing tariffs and eliminating other trade barriers. The AfCFTA initiative marks a significant stride in fostering …

    Source: PM News - Indeterminate
  • Published on May 2, 2025

    Nigeria to renegotiate unfavourable trade agreements:...

    Nigeria will reassess all its existing trade agreements and renegotiate unfavourable ones to ensure these do not put the country at disadvantage, Minister of Industry, Trade and Investment Jumoke Oduwole recently said.The decision came amid the country’s …

    Source: Fibre 2 Fashion - Pending
  • Published on May 6, 2025

    FG okays over N750bn for road projects nationwide

    First-ever national power policy, marine economy blueprint to rehabilitate dams, irrigation schemes in N34bn new ecological projects okays Nigeria’s membership in Asian infrastructure investment bank From Juliana Taiwo-Obalonye, Abuja   The Federal …

    Source: The Sun Nigeria - Indeterminate
  • Published on May 6, 2025

    FG approves N1.8tn road projects, new contracts

    The Federal Executive Council on Monday approved the rescoping of old highway contracts and new reads worth about N1.81tn, consisting of N760.4bn in naira-denominated projects with a separate $651.7m (N1.05tn) facility for the 7th Axial Road linking the …

    Source: Punch - Indeterminate
  • Published on May 5, 2025

    FG Approves Over N750b For Road Projects Nationwide

    Share The Federal Executive Council (FEC) has approved a series of new and rescoped road projects across Nigeria, valued at over N750 billion, as part of ongoing efforts to upgrade the nation’s infrastructure. Addressing State House correspondents on …

    Source: New Telegraph - Pending
  • Published on Apr 30, 2025

    Afreximbank Launches Facility to Finance $14bn Intra-Africa Oil Trade

    •Initiative to cut $30bn annual refined products import costs   •Set to create over 1.3 million bpd refining capacity Emmanuel Addeh in Abuja The African Export-Import Bank (Afreximbank) has launched a $3 billion petroleum products financing programme to …

    Source: This Day - Pro-Government

06 days 02:50:51

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