At their 134th Meeting held on June 13, 2022, the Board of Directors of African Export-Import Bank (Afreximbank) has renewed…
African Heads of State Reaffirm Commitment to Recovering from Crises and Achieving Economic Transformation
African Heads of State and Government reaffirmed their commitment to seize key opportunities to respond to multiple crises and steer…
Africa could see FDI increase by between 111 percent and 159 percent under the AfCFTA.
The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits in terms of jobs, growth, and poverty reduction…
Afreximbank Welcomes Algeria as its 52nd Member State
African Export-Import Bank (Afreximbank) has announced that The People’s Democratic Republic of Algeria (Algeria) has joined the Bank as a…
African Development Bank, Africa50 and the newly launched African Sovereign Investors Forum signal strong desire to jointly mobilize capital for infrastructure projects
Africa50, the African Development Bank, and Africa Sovereign Investors Forum (ASIF), have signed a letter of intent to collaborate on…
British International Investment to invest up to $200 million in African hydropower alongside Norfund and Scatec
BII is entering into the Norwegian DFI’s Joint Venture with Scatec, a leading renewable energy solutions provider, to invest in…
Afreximbank and ITFC Sign US$250 Million Murabaha Financing Agreement to Support African Response to Economic Challenges Posed by the Ongoing Geopolitical Turmoil
African Export-Import Bank (Afreximbank) announced agreed mandate to the International Islamic Trade Finance Corporation (ITFC) to raise a US$250 million…
Africa and the Caribbean to strengthen cooperation through their regional development banks
Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the…
WTO, Commonwealth Secretariat strengthen efforts to boost trade capacity of Commonwealth members
The WTO and the Commonwealth Secretariat signed a Memorandum of Understanding to strengthen cooperation between the two organizations and to…
FSD Africa Investments commits £8m to finance a new class of asset allocators in Africa
Our investment arm, FSD Africa Investments (FSDAi), has announced an £8 million investment to support a new class of investors…