African Export-Import Bank(redirected from AFREXIMBANK)
Also found in: Acronyms.
African Export-Import Bank
A bank established in order to promote African exports. Among its activities, the Bank provides credit to African exporters, finances the import of raw materials in order to make exportable products and generally attempts to encourage African countries to trade internationally. It was established in 1993 and maintains its headquarters in Cairo. Its name may be abbreviated to AFREXIMBANK.