AfCFTA: New pan-African payment system will remove Africa’s financial borders -AFREXIMBANK Chief
By Bassey Udo In anticipation of the take-off of the African Continental Free Trade Area (AfCFTA), the African Export-Import Bank (AFREXIMBANK) says the new pan-African Payment and Settlement System (PAPSS)…
Nigerian financial sector must be prepared to actively participate in AfCFTA, says CBN Dep. Gov
MEDIATRACNET To position Nigeria to take full advantage of the opportunities offered by the African Continental Free Trade Area (AfCFTA) Agreement, the Central Bank of Nigeria (CBN) on Monday began…
UPDATED: AFREXIMBANK, NEXIM unfold grant to boost Nigeria’s inland waterways operations
To bridge the gap in maritime transport infrastructure and improve trade connectivity in West Africa, African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) on Monday announced a $750,000 grant…
AfCFTA: AFREXIMBANK remains committed to promoting intra-African trade
Amid significant progress achieved in the implementation of its strategic initiatives in the first quarter of 2021, African Export-Import Bank (AFREXIMBANK) says it remains committed to the continued promotion of…
AfCFTA: How effective implementation can accelerate Africa’s post COVID-19 economic recovery
Continuing to collaborate and work closely with its member States, the African Union Commission and other key interest groups towards the effective implementation of the African Continental Free Trade Area…
AfCFTA: AFREXIMBANK begins building Africa’s agric products quality assurance centre in Nigeria
African Export-Import Bank (AFREXIMBANK) has announced the commencement of the construction of the Africa Quality Assurance Centre (AQAC) in Ogun State. The Centre would be a state-of-the-art facility with the…
Net-zero emissions: EU, others must stop defunding oil, gas projects in developing countries – Osinbajo
The Federal Government has called on the European Union and Africa Regional Heads of Government and Commonwealth Roundtable to reconsider their planned defunding of gas projects in developing countries.just Vice…
AfCFTA: AFREXIMBANK, NEXIM agree on a $50m joint finance deal to Support Nigeria’s exports
African Export-Import Bank (AFREXIMBANK) and Nigeria Export-Import Bank (NEXIM) have agreed to jointly mobilize about $50 million as project preparation funds for investments in Nigeria’s export sector. A Memorandum of…
Nigeria, 43 other countries yet to formally validate African trade agreement
Despite its open acknowledgment of the huge opportunities and benefits, the African Continental Free Trade Area (AfCFTA) agreement will offer, Nigeria is yet to officially validate the agreement. The United…
Nigeria Commodity Exchange repositions for AfCFTA
To take advantage of the various opportunities that would become available with the take-off of the African Continental Free Trade Agreement (AfCFTA),