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AFRICAN EXPORT-IMPORT BANK

AFRICAN EXPORT-IMPORT BANK

African export-import bank also known as Afreximbank is a pan-african multilateral trade financial institution created in 1993 under the auspices of the African development bank.

It's headquarters is located in Cario, Egypt

Afreximbank's vision is to be the trade finance bank for Africa

The president and chairman of board of directors of afreximbank is Benedict Okey Oramah

The net income of afreximbank as of 2017 is 220.5 million us dollars and the total assets of afreximbank as of 2017 is 11.913 billion us dollars. And it's website: www.afreximbank.com

Afreximbank's mission statement is to stimulate a consistent expansion and diversification of African trade.

Afreximbank mandate is to finance and promote intra and extra-African trade using three board services.



1) Credit (Trade finance and project finance)



2)Risk bearing (Garantees and credit insurance)



3) Trade information and Advisory Services



Afreximbank has 50 African member countries.

As of June 2020 the bank had four regional locations and is the final stages of establishing a fifth regional office for central Africa



Adapted: from Wikipedia

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