African Economy

Afreximbank delivers strong financial results for the nine months ended 30 September 2024, surpassing prior year’s performance despite a challenging operating environment

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and Read More

African Economy

Africa Finance Corporation (AFC) Secures US$300 Million Loan, Expanding Investor Base with Indian Lenders

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has successfully closed a US$300 million India-focused syndicated loan, marking a significant milestone in its Read More

African Economy

Africa Finance Corporation (AFC) Further Diversifies Shareholders with New Equity from Democratic Republic of Congo’s (DRC’s) Rawbank

AFC has mobilised over US$200 million in investments in DRC across its key sectors of natural resources, power, transport, and heavy industries, holding an investment Read More

African Outlook

The Alliance of African Multilateral Financial Institutions (AAMFI) welcomes African Union (AU) Ministers’ Decisions on African Multilateral Financial Institutions’ Preferred Creditor Status

The Ministerial declaration affirms the importance of the rights conferred on AMFIs by African Governments, including Preferred Creditor Status (PCS), crucial for reducing borrowing costs Read More