Algeria is stepping up efforts to boost its share of trade with other African countries through the African Continental Free Trade Area (AfCFTA), with new strategies aimed at expanding regional …
Tag:
AFREXIMBANK
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AgricultureDevelopmentEconomyNigeriaTrade and Commerce
Afreximbank VP Blames Poor Market Intelligence
The African Export-Import Bank (Afreximbank) has warned that Africa’s failure to trade effectively within itself is due to poor market intelligence, weak connectivity, and the absence of structured trade platforms. …
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AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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AfricaEconomyINVESTMENTMarketsPolicies
JPMorgan Tips Afreximbank Bonds as Attractive Despite Rising Restructuring Risks
The influential U.S. investment bank, JPMorgan Chase, has said it sees a growing chance that Afreximbank could be pulled into debt restructuring processes, especially in countries like Ghana and Zambia, …
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Banking, Finance & InvestmentDevelopmentEconomyFinance & ServicesGhanaMALAWIZAMBIA
Fitch Downgrades Afreximbank Credit Rating to BBB-, Flags High Risks and Weak Transparency
Fitch Ratings has downgraded the credit rating of the African Export-Import Bank (Afreximbank) by one notch to BBB-, just above junk status, citing growing credit risks and weak risk management …
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AfricaBusinessDevelopmentEventsFinance & ServicesINVESTMENT
NSIA to Host Over 15 African Sovereign Wealth Funds and Global Investors in Abuja for ASIF 2025
The Nigeria Sovereign Investment Authority (NSIA) is preparing to host over 15 African sovereign wealth funds and top global investment leaders at the Africa Sovereign Investors Forum (ASIF) 2025, which …
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BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
World Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led Investment
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
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Banking, Finance & InvestmentEconomyFinance & ServicesGhanaInternational RelationsPoliciesWestern Africa
Ghana and Afreximbank Clash Over $768 Million Debt Restructuring
Ghana is currently embroiled in a significant dispute with the African Export-Import Bank (Afreximbank) concerning the restructuring of a $768.4 million debt. This disagreement has emerged as a critical issue …
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AfricaArts & CultureBanking, Finance & InvestmentCentral AfricaDevelopmentEconomyEntertainmentINVESTMENTTrade and Commerce
Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry
The African Export-Import Bank (Afreximbank) has launched a $1 billion Africa Film Fund to support the continent’s fast-growing but underfunded creative industry. The new initiative, part of Afreximbank’s Creative Africa …
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