The African Export-Import Bank (Afreximbank) has marked the end of the tenure of its outgoing President and Chairman of the Board of Directors, Prof. Benedict Okey Oramah, with a legacy conference. The farewell conference held in Cairo, Egypt, was attended by more than 2,000 guests, according to a statement on Sunday, October 26, by Afreximbank. …
By Esther Ososanya In a major boost for Africa’s energy sector, the African Export-Import Bank (Afreximbank) has signed a $1.35 billion financing deal with Dangote Industries Limited (DIL). The deal is part of a larger $4 billion syndicated loan to support the Dangote Refinery, Africa’s largest industrial project to date. This agreement will help refinance …
By Esther Ososanya Afreximbank’s shareholders have appointed Dr George Elombi as the Bank’s next President and Chairman of the Board of Directors, effective September 2025. The announcement was made during the Bank’s 32nd Annual Meetings held in Abuja, Nigeria, on June 28, 2025. A Cameroonian national and seasoned executive, Dr Elombi has been with the …
