African Export-Import Bank

The African Export Import Bank (the “Bank”) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member States and multilateral organizations, and which confers on the Bank the status of an international multilateral organization; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders.

Benedict Oramah

CEO, President and Chairman

Past deals in Francophone Africa

First Bank of Nigeria

Debt Financing in 2024
First Bank of Nigeria Limited, established in 1894 and headquartered in Lagos, is a leading financial services institution in Nigeria, offering a wide range of retail and corporate banking products and services. The bank operates through various segments, including Retail Banking, Corporate Banking, Commercial Banking, and Public Sector services. Its offerings encompass savings and current accounts, personal and business loans, mortgages, and agricultural financing, alongside advanced digital banking solutions like Internet and mobile banking. With a customer base exceeding 10 million and a network of over 750 branches, First Bank also has a significant international presence through subsidiaries in several countries, including the UK, Ghana, and Senegal. The institution has played a crucial role in financing infrastructure development in Nigeria and is recognized for its strong corporate governance and risk management practices. First Bank has received multiple accolades for its brand value and innovation in the banking sector, positioning itself as a trustworthy partner for individuals, businesses, and government entities.

Trident Energy Management

Debt Financing in 2023
Trident Energy is an international oil and gas company established in 2016, specializing in the acquisition, operation, and optimization of mid-life assets. With an equity commitment of $600 million from Warburg Pincus, Trident focuses on revitalizing fields that are no longer a priority for their previous owners but still hold potential for growth. The company employs a meticulous approach to re-interpret subsurface data and utilize existing infrastructure, enhancing production and creating new reserves through well work, drilling, and exploration. Initially acquiring assets from Hess Corporation in 2017, Trident successfully increased output from the Okume and Ceiba fields in Equatorial Guinea by 24%, demonstrating its capability in optimizing production. Primarily targeting opportunities in Africa and Latin America, Trident Energy also invests in local community development projects, including education and skills training initiatives, fostering a positive impact in the regions where it operates.

Great Horn Investment Holding

Debt Financing in 2023
Great Horn Investment Holding, based in Djibouti City, Djibouti, is an investment firm that focuses on the transport and logistics sectors. It invests in companies operating in the rail, aviation, road, maritime, and energy industries, with a strategic aim to connect the region to global trade routes. The company is a wholly-owned subsidiary of the Djibouti Ports and Free Zones Authority (DPFZA).

First Bank of Nigeria

Debt Financing in 2022
First Bank of Nigeria Limited, established in 1894 and headquartered in Lagos, is a leading financial services institution in Nigeria, offering a wide range of retail and corporate banking products and services. The bank operates through various segments, including Retail Banking, Corporate Banking, Commercial Banking, and Public Sector services. Its offerings encompass savings and current accounts, personal and business loans, mortgages, and agricultural financing, alongside advanced digital banking solutions like Internet and mobile banking. With a customer base exceeding 10 million and a network of over 750 branches, First Bank also has a significant international presence through subsidiaries in several countries, including the UK, Ghana, and Senegal. The institution has played a crucial role in financing infrastructure development in Nigeria and is recognized for its strong corporate governance and risk management practices. First Bank has received multiple accolades for its brand value and innovation in the banking sector, positioning itself as a trustworthy partner for individuals, businesses, and government entities.

SMILE Telecoms Holdings

Debt Financing in 2015
Smile Telecoms Holdings Limited provides broadband Internet access and communication services throughout Africa, specifically targeting markets in Nigeria, Tanzania, Uganda, and the Democratic Republic of Congo. Established in 2007 and headquartered in Port Louis, Mauritius, the company offers mobile broadband Internet, as well as voice and messaging services via its long-term evolution broadband network. Additionally, it supplies WiFi routers, MiFi routers for multiple users, and USB dongles for individual users. The company serves a diverse customer base, including small and medium-sized enterprises, households, and individual users, while also focusing on enhancing Internet penetration in regions with low connectivity. With a potential customer base exceeding 300 million, Smile Telecoms is positioned to expand access to reliable mobile connections, particularly as smartphone usage continues to grow in its operational areas.

Ecobank

Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.
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