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Afreximbank
Source: Afreximbank |

Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.

The rating puts Afreximbank on a stronger footing as it embarks on fundraising activities in a relatively new capital market as we continue to leverage optimal financial resources into Africa

China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank (Afreximbank) (www.Afreximbank.com), recognising the Bank as a leading Multilateral Financial Institution (MFI) on the continent.  Afreximbank is the first African Multilateral Financial Institution to receive AAA rating from CCXI. In its 2024 Credit…

Afreximbank
Source: Afreximbank |

Prosper Africa and Afreximbank Announce New Partnership to Mobilize Trade Opportunities between the United States (U.S.) and Africa

The MoU outlines several key areas of collaboration, including, capital access facilitation, technical and transaction advisory support for creative deals, SME development for agribusiness and textiles, Creative Africa Nexus, and strategic event collaboration

Prosper Africa and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment capital, with…

Energy Capital & Power

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    • Rand Merchant Bank, Trade Development Bank (TDB) and Africa Finance Corporation (AFC) to Spotlight Innovative Energy Financing Solutions at Invest in African Energy (IAE) 2025
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Source: Energy Capital & Power |

Rand Merchant Bank, Trade Development Bank (TDB) and Africa Finance Corporation (AFC) to Spotlight Innovative Energy Financing Solutions at Invest in African Energy (IAE) 2025

Leading financial institutions will participate at the Invest in African Energy 2025 Forum in Paris to discuss innovative funding strategies for advancing Africa’s energy transition and infrastructure growth

Top financial leaders in Africa’s oil, gas and energy sectors will take center stage at the Invest in African Energy (IAE) 2025 Forum (www.Invest-Africa-Energy.com/) in Paris, offering strategic insights on funding opportunities and the pivotal role of finance in advancing the continent’s energy transition. Scheduled for May 13-14, 2025, the event…

International Trade Centre
Source: International Trade Centre |

Côte d’Ivoire: Start-ups benefiting from the Netherlands Trust Fund (NTF) V Project assert their expertise at a B2B meeting

In Côte d’Ivoire, 96% of the economic fabric is made up of small businesses, which play a crucial role in job creation, innovation and regional development

Côte d'Ivoire PME works on behalf of the State to promote entrepreneurship and the economic growth of Ivorian businesses. True to its mission of cultivating a flourishing innovation ecosystem, the institution organized a networking session for digital start-ups supported by the NTF V FastTrackTech project.  A springboard for Ivorian start-ups…

International Trade Centre
Source: International Trade Centre |

The Artificial Intelligence and Machine Learning (AI&T) community is born in Mali, with the support of the Netherlands Trust Fund (NTF) V

Just over one year ago, the Malian authorities officially announced the construction of a new Artificial Intelligence and Robotics Center, followed by a campaign to digitalize its administration

Mali is working to democratize artificial intelligence and machine learning (AI&T), turning them into an engine for economic development that is both inclusive and responsible. The initiative is supported by the International Trade Centre’s NTF V FastTrackTech Project, which unites the players in the Malian ecosystem to create an environment…

State House Seychelles
Source: State House Seychelles |

President Ramkalawan announces changes in the Cabinet of Ministers

The President also announced that the Vice President, Mr. Ahmed Afif will thereafter oversee the Ministry of Finance, Economy Planning, and Trade

President Wavel Ramkalawan announced the demission of Mr. Naadir Hassan from his position as Minister of Finance, Economy Planning, and Trade. During a press conference held this afternoon at State House, the President expressed his gratitude to Minister Hassan for his dedicated service to the nation in this crucial portfolio.…

Ministry of Information, Eritrea
Source: Ministry of Information, Eritrea |

President Isaias and President Hassan Sheikh Mohamud held discussions

The two leaders underlined that as a great nation in the Horn of Africa, securing and guarantying Somalia’s stability is pivotal for enduring regional peace and stability

As part and parcel of their regular consultations, President Isaias Afwerki and President Hassan Sheikh Mohamud held extensive discussions – yesterday evening at State House – on further consolidation of bilateral ties between the two sisterly countries as well as regional and international issues of mutual interest. The two leaders…

Afreximbank
Source: Afreximbank |

State of Libya joins Afreximbank membership agreement to boost African trade and Development Cooperation

Joining the Bank’s membership paves the way for the ratification of the Establishment Agreement to complete the accession procedures

The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement (www.Afreximbank.com), becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed…

Republic of South Africa: Department of International Relations and Cooperation
Source: Republic of South Africa: Department of International Relations and Cooperation |

Minister Lamola welcomes Botswana’s commitment to fostering closer ties and facilitating trade with South Africa

Botswana is a significant trade partner for South Africa, accounting for approximately 15% of our country’s total vegetable exports as of 2021

On 18 December 2024, Minister Ronald Lamola received correspondence from his counterpart in Botswana, Dr Phenyo Butale, informing him of the new administration’s decision to gradually lift the ban on vegetable imports from South Africa. This letter follows a congratulatory message sent by Minister Lamola to Dr Butale on his…

Ecobank Transnational Incorporated

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    • Ecobank Single Market Trade Hub
    • Ecobank Single Market Trade Hub (FR)
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Source: Ecobank Transnational Incorporated |

Afreximbank and Ecobank partner to simplify trade and compliance for African businesses

The Ecobank Single Market Trade Hub connects registered businesses across Africa on a single platform, helping them benefit from opportunities in the unified market of 1.4 billion people created by the African Continental Free Trade Agreement (AfCFTA)

African Export-Import Bank (Afreximbank) and Ecobank Group (www.Ecobank.com) have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s Single Market Trade Hub and Afreximbank’s MANSA Digital Repository Platform. With the collaboration, African businesses will benefit from seamless shared services across the two…