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
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
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.
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.
ECONOMY
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 […]