BUSINESS
Moody’s positive outlook on South Africa signals improved confidence in fiscal discipline, but the country still needs stronger growth to secure a rating upgrade.
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.
AFDB
The African Development Bank approves a $500 million strategy to drive inclusive growth, agriculture transformation, and sustainable infrastructure in Sierra Leone through 2030.
AFDB
ABIDJAN, Ivory Coast, September 23, 2025/ — The African Development Bank Group (AfDB) (www.AfDB.org) has concluded a four-day workshop in Kinshasa to strengthen project management and improve the performance of Bank-financed operations in the Democratic Republic of Congo (DRC). Organised from 8 to 11 September 2025 by the African Development Institute and the Bank’s fiduciary […]
ECONOMY
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 […]
ECONOMY
President Paul Kagame has urged African nations to prioritize self-reliance and resilience in the face of diminishing external aid. He emphasized the critical need for Africa to become economically independent, particularly in light of recent reductions in international assistance. Speaking at the Presidential Panel during the Africa CEO Forum, Kagame highlighted that Africa cannot continually […]
AFRICA
Monrovia, Liberia – February 20, 2025 Oakwood Green Africa, in collaboration with the Intra-Africa Trade Fair (IATF) Secretariat of the African Export-Import Bank (Afreximbank) and in partnership with the Ministry of Commerce & Industry, Ministry of Finance & Development Planning, and the National Investment Commission, announce the 2025 IATF Stakeholder & Business Engagement Session, scheduled […]
BUSINESS
Afreximbank Academy to Host Training Programme on AfCFTA Benefits Date: 10 July 2024 The African Export-Import Bank (Afreximbank) is set to launch a capacity development program to empower African corporates to leverage the African Continental Free Trade Area (AfCFTA). The initiative, led by the Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, will equip […]