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TodayThursday, May 07, 2026

Afreximbank

President Museveni commissioned Spiro’s electric motorbike operations in Uganda at an event held at the National Leadership Institute (NALI), Kyankwanzi, on July 11, 2024.

Afreximbank Extends $50 Million Debt Financing to Spiro Electric Mobility Company

Afreximbank has extended $50 million in debt financing to African electric mobility company Spiro, as the firm scales up its clean transport infrastructure across the continent. The transaction, first reported by Africa
February 25, 2026
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Mr Paul Russo (from left), Group CEO KCB Group PLC; Ms Oluranti Doherty, Managing Director Export Development, Afreximbank and Mr George Olaka, CEO Arise IIP-Kenya, during the signing of the USD 800 million funding deal for Vipingo Special Economic Zone (SEZ) in Kilifi County. They are flanked by Mr. Gagan Gupta (left), the Founder and CEO of Arise IIP; H.E. William Ruto, President of the Republic of Kenya and Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank.

KCB and Afreximbank Seal $800 Million Deal to Operationalise Vipingo Special Economic Zone

In a move that underscores the growing importance of Special Economic Zones (SEZs) in driving Africa’s industrialisation, KCB Group and the African Export-Import Bank (Afreximbank) have signed a landmark Memorandum of Understanding
September 18, 2025
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Mr. Jeremy Awori, Chief Executive Officer of Ecobank Group (left), and Mr. Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana.

Ecobank Group and the Pan African Payment and Settlement System (PAPSS) partner to enhance cross-border payments across the continent

Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate the settlement of cross-border transactions of the
June 23, 2023
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