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19 stories
Senegal’s Crisis Deepens as Parliament Speaker Resigns After Sonko Sacking

The resignation of National Assembly Speaker El Malick Ndiaye adds another shock to Senegal’s political crisis after President Bassirou Diomaye Faye dismissed Prime Minister Ousmane Sonko and dissolved the government.

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African Development Bank Approves $6 Million Grant to Strengthen Disaster Risk Management in Africa

The African Development Bank has approved a US$6 million grant to strengthen Africa’s disaster risk management systems through the African Risk Capacity, helping countries move from reactive response to proactive preparedness under the ADRiFi initiative.

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Paul Biya Declared Winner in Cameroon’s Presidential Election

Cameroon’s Constitutional Council has declared 92-year-old President Paul Biya the winner of the October 12 election with 53.66% of the vote, extending his decades-long rule amid unrest, protests, and allegations of irregularities.

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Afreximbank Allocates US$100 Million AFTRAF Line of Credit to NBS Bank Malawi

ALGIERS, Algeria — October 1, 2025 – The African Export-Import Bank (Afreximbank) has signed a US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) facility agreement with NBS Bank Plc Malawi, aimed at boosting the bank’s trade finance portfolio and supporting Malawi’s import needs. The agreement was signed on the sidelines of the Intra-African Trade Fair (IATF2025) by Haytham El Maayergi, Executive Vice President, Global Trade […]

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African Development Bank (AfDB) President Sidi Ould Tah Presses for Scaled-Up Financing and Stronger Partnerships to Realize Africa’s Development Goals

Dr Ould Tah praised Africa's resilience and commitment in the face of current challenges and stressed the need for development partners to work together to build a new African financial system, drawing on each other's strengths

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KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone (SEZ)

NAIROBI, Kenya, September 17, 2025/ — KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have entered a Memorandum of Understanding (MOU) aimed at providing financial and trade facilitation support to investors operating in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank and KCB Group will provide […]

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Global leaders, visionaries and innovators to converge in Algiers as IATF2025 announces full programme and speakers

Algiers, 03 September2025 – The stage is set for the most influential gathering on Africa’s trade and investment calendar as African Export-Import Bank (Afreximbank), African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, announced the official line-up of prestigious speakers for the Intra-African Trade Fair (IATF2025), taking place from 4th – 10th September 2025 in […]

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Ghana Opens to Investors at TICAD 9—Mahama Signals Policy Shifts to Catalyze Japanese Funding

Yokohama, August 21, 2025 — Addressing Japanese investors and global delegates at the Presidential Investment Forum on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD 9), Ghana’s President John Dramani Mahama positioned the country as a liberalized, business‑friendly gateway to West Africa. Key Reforms to Refresh Ghana’s Investment Climate President Mahama announced a historic […]

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