Economic news and analysis from across Africa.
AFREXIMBANK
South Africa has joined Afreximbank, unveiling a US$8bn Country Programme to drive industrial growth, boost intra-African trade, and strengthen economic integration.
AFREXIMBANK
JP Morgan has upgraded Afreximbank bonds after a sell-off triggered by Fitch’s junk rating, saying the bonds now offer value despite rating controversy.
AFREXIMBANK
African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]
AFREXIMBANK
Afreximbank has officially ended its credit rating relationship with Fitch Ratings, citing concerns that the process no longer reflects its mandate, legal framework, and mission as a pan-African development bank.
AFREXIMBANK
The Central Bank of Egypt and Afreximbank have signed an MoU to establish a pan-African Gold Bank aimed at formalising gold value chains, strengthening central bank reserves, and retaining gold value within Africa.
AFREXIMBANK
Ghana’s Ministry of Finance and Afreximbank announce the successful resolution of a US$750 million facility signed in 2022, clearing the way for continued development cooperation.
AFDB
The African Development Fund approves a $14.64m grant to expand climate-smart villages and strengthen climate resilience, agriculture, and data systems across the Sahel.
AFREXIMBANK
Afreximbank reports solid performance for the nine months ended 30 September 2025, with total assets and contingencies rising 6.98% to US$42.9 billion. The Bank delivered strong liquidity, robust capital buffers, and growing net income amid improved early loan repayments and strategic capital mobilization.
AFREXIMBANK
The African Export-Import Bank (Afreximbank) honoured outgoing President Prof. Benedict Oramah with a legacy conference in Cairo, celebrating a decade of transformative leadership that expanded the Bank’s assets eightfold and deepened intra-African trade through landmark initiatives like PAPSS and the AfCFTA Adjustment Fund.
AFDB
New York, USA – September 29, 2025 — In a groundbreaking announcement on the sidelines of the 80th UN General Assembly in New York, the African Development Bank Group (AfDB) and Michael R. Bloomberg unveiled a new partnership aimed at significantly scaling up private sector investment across Africa. The collaboration was jointly announced by Dr Sidi […]