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Afreximbank disburses $200m to Zenith Bank

The African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc Nigeria under its Pandemic Trade Impact Mitigation Facility (PATIMFA). According to a statement by Afreximbank on Friday, the funds will assist Zenith Bank in its maintenance of foreign currency trade flows impacted by the COVID-19 pandemic. Also, […]

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Top Ten Largest Banks in the African Continent

By Richie Santosdiaz Home to over 1.3 billion people, the African continent is home to almost 17% of the world’s total population. According to the United Nations, Africa is home to 54 countries. Each of them is unique and diverse, presenting their own cultural and economic differences. In terms of […]

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Ecobank Group wins African Banker magazine Award

The leading pan-African banking group, Ecobank, is delighted to announce that it has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards. The Awards, which reward banking excellence in Africa, were announced at a virtual ceremony held on 26th August. […]

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Islamic Development Bank Group supports fight against COVID-19 with $2.3bn package

* Launches initiatives in partnership with UAE Ministry of Economy and AIM Leave a comment and share Chuks Udo Okonta A crowd of over 1000+ engaged participants comprising of exceptional entities, seasonal practitioners, Government officials, individual investors, business associations, entrepreneurs, Multilateral and financial institutions, Chairmen, Presidents & CEOs of local/international […]

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Afreximbank re-appoints Prof. Benedict Oramah as President

Prof. Oramah Leave a comment and share Chuks Udo Okonta Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second 5-year term. The decision was announced today in Cairo following Afreximbank’s 27th Annual General Meeting of […]