African Export-Import Bank
| Private company | |
| Industry | Finance |
| Founded | 1993 |
| Headquarters | El Maahad El Eshteraky Street, Heliopolis, Cairo, Egypt. |
|
Key people
|
Jean-Louis Ekra Chairman & CEO Benedict O. Oramah Executive Vice-President, Business Development & Corporate Banking Denys Denya Executive Vice-President, Finance, Administration & Banking Services |
| Products | International Trade and Development Finance |
| Revenue |  Net US$20.5 million (2013) |
| Total assets | US$4.4+ billion (2013) |
| Owner | African Governments African Businesses Non-African Financial Institutions African & Non-African Individuals |
| Website | African Export-Import Bank |
African Export-Import Bank, also referred to as Afreximbank, is an International financial institution, headquartered in Cairo, Egypt, whose primary objective is to promote and finance trade within the African continent and trade between Africa and other continents.
Contents
Location
The headquarters of Afreximbank are located at 72 (B) El Maahad El Eshteraky Street, in the Heliopolis neighborhood in the city of Cairo, the capital and largest city in Egypt. The bank maintains a second branch at 2 Gnassingbe Eyadema Street, Asokoro, Abuja, the capital city of Nigeria. The bank's third branch is located at Eastgate Building, Third Floor, North Wing, Gold Bridge, in Harare, the capital and largest city in Zimbabwe.[1]
Overview
Africa Export-Import Bank is a large multilateral financial service organization, with total assets valued at US$4.4 billion and shareholders' equity of US$707 million, as of December 2013.[2]
Recent developments
The 22nd Annual General Meeting of the bank's shareholders will be held 10-13 June 2015 in Lusaka, the capital of Zambia. Three former African presidents will make presentations at the meeting. Also, the shareholders will elect a new bank president to replace Jean-Louis Ekra, whose term of office ends in 2015.[3]
As of June 2013[update], the bank's shareholders, totaling 125, were divided into four categories:[4][5]
- Class "A" Shareholders - African governments, African central banks, and African regional Institutions.
- Class "B" Shareholders - African private investors and African financial institutions.
- Class "C" Shareholders - Non-African financial institutions, export credit agencies, and private investors
- Class “D” Shareholders - Other institutions and individuals.[6]
See also
- African Development Bank
- PTA Bank
- East African Development Bank
- West African Development Bank
- Development Bank of Southern Africa
References
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