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South Africa, Nigeria, and Côte d’Ivoire Lead Intra-African Trade in 2024

According to the Africa Trade Report 2025 published by Afreximbank, intra-African trade experienced a notable resurgence in 2024, growing by 12.4% to reach approximately US$220.3 billion. This recovery marks a sharp turnaround from the 5.9% decline observed in the previous year, underscoring the continent’s resilience and renewed momentum for integration. Leading this resurgence was South Africa, which accounted for US$42.1 billion in intra-African […]

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Africa Must Break the Chains of Commodity Dependency”—AfCFTA Vision Resounds at Afreximbank AGM

Abuja, Nigeria — June 25, 2025 At the opening of the 32nd Annual Meetings of the African Export-Import Bank (Afreximbank), leaders and experts emphasized that the African Continental Free Trade Area (AfCFTA) is now the continent’s most ambitious and transformative economic reform. Delivering his keynote at the Transcorp Hilton in Abuja, AfCFTA Secretary General Wamkele […]

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