AFRICA
Ghana is telling investors that African sovereign risk is unfairly priced as it seeks to restore market confidence after debt restructuring.
AFRICA
Pepkor’s plan to launch a bank highlights how South Africa’s retail groups are using store networks, mobile channels and customer data to compete for mass-market financial services.
AFDB
Africa’s development finance debate is shifting from donor flows to domestic capital mobilisation, as AfDB meetings highlight the continent’s annual funding gap.
ECONOMY
Nigeria’s projected debt-service burden is becoming a central example of how high financing costs can crowd out development spending across African economies.
AFRICA
African leaders are pushing for reforms to global credit-risk pricing, arguing that borrowing costs continue to restrict development finance and infrastructure investment.
ECONOMY
Ghana’s final IMF programme review and request for a non-financing Policy Coordination Instrument signal a shift from crisis support to monitored economic discipline.
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.