THE African Export-Import Bank (Afreximbank) is working on a financial package in the region of US$70 million for the local manufacturing sector. This was revealed by Industry and Commerce Minister Nq...
By Staff reporter | Published: 01 July 2019
Regional lender, African Export-Import Bank (Afreximbank) has disbursed a €100 million facility to a revolving global credit facility to support Mota-Engil Africa implement key developmental project...
By Staff reporter | Published: 24 April 2019
Zimbabwe new dispensation got a shot in the arm after the Afreximbank and Reserve Bank of Zimbabwe signed $1.5 billion stabilisation facility.The deal was signed this Friday, Afreximbank headquarters ...
By Staff reporter | Published: 16 December 2018
THE African Export Import Bank (Afreximbank) has disbursed over a third of the $25 billion facility meant to accelerate intra-African trade, the bank's president and chairman Benedict Oramah has said....
By Staff reporter | Published: 12 July 2018
THE Reserve Bank of Zimbabwe (RBZ) is negotiating a $500 million funding package with the African Export and Import Bank (Afreximbank), as part of efforts to resolve the foreign currency shortages bli...
By Staff reporter | Published: 02 July 2018
The Reserve Bank of Zimbabwe said it drew down as much as $1,1 billion from nostro stabilisation facilities last year extended by the Afreximbank as it sought to stabilise the foreign exchange market...
By Staff reporter | Published: 08 February 2018
THE US$1,5 billion package from the Africa Export-Import Bank (Afreximbank), which was availed in December last year, will be used to stimulate the economy by providing investment guarantee, supportin...
By Staff reporter | Published: 04 February 2018
THE African Export-Import Bank (Afreximbank) yesterday announced a $1,5 billion economic stabilisation package for Zimbabwe that will go towards the revival of the productive sector to stimulate more ...
By Staff reporter | Published: 13 December 2017
ZIMBABWE is working on a $56 million facility with the African-Export and Import Bank (Afreximbank) to support importation of fertiliser for the forthcoming agriculture season.The amount would be part...
By Staff reporter | Published: 03 October 2017
Cairo-Head-quartered Afreximbank announced plans to build a multimillion business complex comprising a porsche hotel in Harare's Newlands area, Afreximbank president Dr Bennedict Oramah has said. The ...
By Staff reporter | Published: 03 October 2017
THE African Export Import Bank (Afreximbank) has emerged as Zimbabwe's key source of financial succour since the early 2000s, when President Robert Mugabe's government was frozen out of international ...
By Staff reporter | Published: 28 September 2017
Fidelity Printers Refinery is set to start processing gold from other African countries if negotiations between the African Export-Import Bank (Afreximbank) and the Reserve Bank of Zimbabwe on the iss...
By Staff reporter | Published: 28 September 2017
AFRICAN Export-Import Bank (Afreximbank) president, Benedict Oramah says they are working on $1 billion worth of deals with both public and private sector entities in Zimbabwe.Speaking at a dinner rec...
By Staff reporter | Published: 26 September 2017
The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established in 1993 by African governments, African private and institutional investors as well as non-African fina...
By Afreximbank | Published: 06 September 2017
A $600 million nostro stabilization facility from Afreximbank will largely support fuel and electricity imports as well as critical government obligations, sources said this week. The development will...
By Staff reporter | Published: 31 August 2017
RESERVE bank of Zimbabwe (RBZ) is negotiating for more nostro stabilisation facilities with the Afreximbank, as it makes strides to avert a dry foreign exchange spell after the tobacco selling season....
By Staff reporter | Published: 07 July 2017
FBC Holdings will soon start drawing down on the last tranche of $20 million out of the $60 million facility secured from Afreximbank after signing off papers for the release of the funds. Group chief...
By Golden Sibanda | Published: 10 July 2014
GOVERNMENT has signed a memorandum of understanding (MoU) with the African Export-Import Bank (Afreximbank) to provide debt securities that could be used as collateral for interbank funds placements ...
By Staff reporter | Published: 13 February 2014
Zesa Holdings (Zesa) has tentatively agreed to a $100 million financing deal with the African Export and Import Bank (Afreximbank) for its prepaid meter-expansion project, businessdaily can reveal.Thi...
By Staff reporter | Published: 05 December 2013
Shareholders are advised that the name of Africa First ReNassaince Corporation Limited (AFRE) has been changed to First Mutual Holdings Limited (FMHL). The listing on the ZSE was amended with effect f...
By Business reporter | Published: 24 July 2013
ZSE shares were back in the negative territory on Tuesday after losses across the board and hushed trades in heavyweight counters as Afre changed its name on the ZSE official list to First Mutual Hold...
By Business reporter | Published: 23 July 2013
The Africa Export and Import Bank (AfrExim Bank) plans to increase Zimbabwe's borrowing limit to $800 million for the benefit of the productive sectors.The proposed upward adjustment of Zimbabwe's bor...
By Business reporter | Published: 17 July 2013
CBZ Bank has been awarded the financial institutions award (gold category 2013) in recognition of its exceptional contribution to the work of the African Export Import Bank (Afreximbank).The award, e...
By Business Reporter | Published: 09 July 2013
Afre reported a decline in profitability in the four months to April but the group is on course to post a surplus at the end of the financial year, CE Doug Hoto told the AGM this morning.Gross Premiu...
By Financial Express | Published: 10 June 2013
Afre Corporation has changed its name to First Mutual Holdings Limited after an independent consultant told the firm that the current brand has a low visibility in the market and lacks clear associat...
By Business reporter | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
