African Export-Import Bank 2021 Annual Report
The report highlights the African Export-Import Bank's strong performance in 2021, marking the final year of its fifth Strategic Plan (IMPACT 2021). Despite pandemic-related challenges, the bank maintained high facility approvals of US$14.97 billion and grew its outstanding loans by 11.88% to US$18.76 billion. Key achievements included supporting the Africa Vaccine Acquisition Trust (AVAT) with a US$2 billion guarantee to procure COVID-19 vaccines and launching the commercial operations of the Pan-African Payment and Settlement System (PAPSS). Additionally, the bank initiated a US$6.5 billion General Capital Increase to bolster post-pandemic recovery and support the implementation of the African Continental Free Trade Area (AfCFTA).
Company: African Export-Import Bank
Sector: Finance & insurance
Country: Egypt
Year: 2021
Type: Annual Report
Pages: 226
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African Export-Import Bank
Annual Report
The report highlights the African Export-Import Bank's strong performance in 2021, marking the final year of its fifth Strategic Plan (IMPACT 2021). Despite pandemic-related challenges, the bank maintained high facility approvals of US$14.97 billion and grew its outstanding loans by 11.88% to US$18.76 billion. Key achievements included supporting the Africa Vaccine Acquisition Trust (AVAT) with a US$2 billion guarantee to procure COVID-19 vaccines and launching the commercial operations of the Pan-African Payment and Settlement System (PAPSS). Additionally, the bank initiated a US$6.5 billion General Capital Increase to bolster post-pandemic recovery and support the implementation of the African Continental Free Trade Area (AfCFTA).
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees