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Nigeria Stuns Morocco with Epic Comeback to Clinch 10th WAFCON Title

Nigeria’s Super Falcons etched another golden chapter in their illustrious history, producing a thrilling second-half comeback to defeat hosts Morocco 3-2 in the final of the 2024 TotalEnergies CAF Women’s Africa Cup of Nations (WAFCON) on Saturday night in Rabat. Trailing 2-0 at halftime inside the roaring Stade Prince Moulay Abdellah, the Falcons showed grit, […]

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Ghana’s Black Queens Clinch Bronze at 2024 Women’s AFCON After Penalty Shootout Thriller Against South Africa

Rabat, Morocco – July 25, 2025 – Ghana’s Black Queens have ended their eight-year wait for a Women’s Africa Cup of Nations (AFCON) medal after edging defending champions South Africa in a dramatic 4-3 penalty shootout victory to claim bronze at the 2024 edition of the tournament. The third-place playoff, held at the Prince Moulay […]

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Afreximbank Extends $75 Million Cross-Currency Swap Facility to The Gambia for Strategic Infrastructure

Abuja, Nigeria – July 24, 2025 – In a landmark deal aimed at strengthening The Gambia’s infrastructure financing, the African Export-Import Bank (Afreximbank) has signed a US$75 million cross-currency swap agreement with the Central Bank of The Gambia (CBG). The five-year facility will support the financing of strategic road projects undertaken by the National Roads […]

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BREAKING: Former Nigeria President Muhammadu Buhari Dies at 82 🇳🇬

Former Nigerian Head of State and two-time democratically elected President, Major General Muhammadu Buhari, has died at the age of 82. He passed away on 13 July 2025 in London, United Kingdom, after being hospitalised, according to his spokesperson  . Full statement: Former presidential spokesman Garba Shehu confirmed Buhari’s death via BBC Pidgin, stating: “Former […]

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PAPSS and Interstellar Unveil Groundbreaking African Currency Marketplace to Eliminate $5 Billion Trade Bottleneck

Abuja, Nigeria – 7 July 2025 The Pan-African Payment and Settlement System (PAPSS) and leading African deep-tech company Interstellar have jointly launched the PAPSS African Currency Marketplace (PACM) — a landmark platform designed to unlock intra-African trade by eliminating the long-standing challenge of currency inconvertibility. The announcement was made during the Afreximbank Annual Meetings (AAM2025) in Abuja, in the presence of […]

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Beatrice Chebet Makes History with First-Ever Sub-14-Minute 5000m in Eugene

Eugene, Oregon | Saturday, 5 July 2025 – Kenya’s Beatrice Chebet has redefined the limits of women’s distance running by becoming the first woman in history to complete the 5000m in under 14 minutes. The double Olympic champion clocked a stunning 13:58.06 at the 2025 Prefontaine Classic in Eugene, breaking the previous world record by […]

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AfDB Approves €25.5 Million Trade Finance Package to Boost SMEs and Women-Led Businesses in Mauritania

Nouakchott, Mauritania – 29 June 2025 In a major boost to private sector development in Mauritania, the African Development Bank (AfDB) has approved a comprehensive €25.5 million trade finance facility for Générale de Banque de Mauritanie (GBM). The financing package is designed to expand access to credit for small and medium-sized enterprises (SMEs) and women […]

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Afreximbank Appoints Dr. George Elombi as Next President

Abuja, Nigeria, 28 June 2025 – The shareholders of the African Export-Import Bank (Afreximbank) have appointed Dr. George Elombi as the next President and Chairman of the Board of Directors of the continental financial institution. He becomes the fourth President to lead the Bank since its establishment in 1993. His appointment was one of the key […]

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PAPSS Gains Momentum as Game-Changer for Intra-African Trade

The second day of the 32nd Annual Meetings of Afreximbank in Abuja shone a spotlight on the Pan-African Payment and Settlement System (PAPSS), with leaders across Africa’s financial ecosystem hailing it as one of the most transformative tools for facilitating intra-African trade. With trade under the African Continental Free Trade Area (AfCFTA) picking up momentum, PAPSS—developed by Afreximbank […]

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Africa Must Build Financial Sovereignty to Break Free from External Shocks – Afreximbank President

Abuja, Nigeria – June 26, 2025 At the 32nd Afreximbank Annual Meetings (AAM2025) in Abuja, Afreximbank President Prof. Benedict Oramah made a compelling case for strengthening Africa’s financial sovereignty through deeper integration of multilateral financial institutions. Speaking to a hall filled with policy leaders, bankers, economists, and regional stakeholders, Oramah emphasized that Africa’s economic resilience […]

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