The African Export Import Bank (Afreximbank) is the leading pan-African multilateral financial institution dedicated to financing and promoting intra-African and non-African trade. The bank was established in October 1993 by African governments, African private and institutional investors and non-African investors. Its two basic constituent documents are the founding agreement, which gives it the status of an international organization, and the Charter, which governs its corporate structure and activities. Since 1994, the company has approved more than $41 billion in credit facilities for African businesses, including about $6.2 billion in 2015. Afreximbank had a total balance sheet of $9.4 billion as of April 30, 2016 and is listed with BBB- (Fitch) and Baa2 (Moody`s). The bank is headquartered in Cairo. For more information, see: www.afreximbank.com Contact with the Media: Obi Emekekwue (oemekekwue@afreximbank.com Tel. 202-2456-4238) Afreximbank was founded in 1993. The agreement establishing the Bank was signed on 8 May 1993 in Abidjan by the Member States and gives the Bank the status of an international organization with a full personality, in accordance with the laws of the participating States.

Under the agreement, participating states grant the Bank certain immunities, exemptions, privileges and concessions on their territory to facilitate banking in these areas. “The Rwandan government is pleased to have signed these important agreements with Afreximbank Bank. Rwanda is pleased to welcome the FEDA as we work together to realize the dreams of the African Continental Free Trade Area (ACfTA) on the continent. We will work together to ensure that the FEDA succeeds in carrying out its mandate. Cairo, November 24, 2020: – The African Export Import Bank (Afreximbank) and the Republic of Rwanda signed important documents on the creation of the Africa Export Development Fund (FEDA), a subsidiary of Afreximbank, a development bank, in Cairo on 22 November 2020. The Bank is committed to supporting efforts around the world to eliminate corruption and financial crime. The bank takes a zero-tolerance approach to corruption and corruption, so all forms of corruption and corruption are prohibited. The foundation agreement and memorandum of understanding were signed by His Excellency Alfred Kalisa, Ambassador of the Republic of Rwanda to Egypt, and Afreximbank President Professor Benedict Oramah, in the presence of His Excellency Mahamadou Labarang, Dean of African Ambassadors in Cairo and FedA Executive Director, Dr. Philip Kamau. With the founding agreement, the FEDA is concluded, while the siege agreement provides that the Republic of Rwanda will house the headquarters. . About Afreximbank: The African Export-Import Bank (Afreximbank) is a pan-African multilateral financial institution responsible for financing and promoting intra-African and non-African trade.

Founded in October 1993, Afrexim Bank is made up of African governments, the African Development Bank and other African multilateral financial institutions, as well as African and non-African public and private investors. The Bank was founded on two constituent documents, one signed by the Member States, which gives the Bank the status of an international organisation, and a charter signed by all shareholders, which governs its corporate structure and activities.

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