The 2025 edition is expected to be the largest in the event’s history, drawing over 6,000 delegates, including Heads of State, business leaders from Africa, the CARICOM region, and beyond Lagos, Nigeria | THE INDEPENDENT | Nigeria and Afreximbank have signed the Host Country Agreement for the 32nd Afreximbank Annual Meetings …
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The case comes at a trying time for South Sudan, one of the world’s most impoverished countries, which is heavily reliant on oil exports for government spending South Sudan | Felix Thompson | The African Export-Import Bank (Afreximbank) is suing the Republic of South Sudan for allegedly failing to repay US$657mn in …
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Washington, DC | THE INDEPENDENT | Prosper Africa and African Export-Import Bank have signed a new Memorandum of Understanding 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 …
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The project’s strategic location in Kisumu, at the heart of the Great Lakes Region gives it access to markets in Kenya, Uganda, Tanzania, DR Congo, Rwanda, Burundi and South Sudan Kisumu, Kenya | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) …
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Most African countries rely on fossil fuels for energy and export revenue. Yet, development finance institutions, including the World Bank, are pulling back on fossil fuel investments ANALYSIS | AGENCIES | The eighth annual Babacar Ndiaye Lecture, held at Washington D.C.’s Four Seasons Hotel on October 26, highlighted the pressing need …
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Launched in 2021, PAPSS processes, clears and settles cross-border trade payments on behalf of banks and other service providers ANALYSIS | AGENCIES | The African Export-Import Bank (Afreximbank) is advancing plans to establish a single electronic window for importers and exporters on the continent, signing up dozens of commercial banks to …
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With Haiti’s signature, 12 of the 15 CARICOM member states have now acceded to the Partnership Agreement, with nine of them concluding its ratification New York, USA | THE INDEPENDENT | Haiti has become the 12th Caribbean Community (CARICOM) member state to accede the partnership agreement between and among CARICOM countries …
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ANALYSIS | THE INDEPENDENT | Africa’s multilateral lender, African Export Import Bank, has recorded a significant 24.5% increase in net interest income for the first half of 2024, reaching $826.2 million driven by increase in loans and advances. The Bank also recorded a surge in fees and commission income that increased …
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Abuja, Nigeria | THE INDEPENDENT | Africa’s multilateral lender, the African Export-Import Bank, aims to double its financing of intra-African trade from $20 billion in 2021 to $40 billion by 2026. This announcement was made by Haytham ElMaayergi, the bank’s Executive Vice President, Global Trade Bank, during the African Caucus Meeting …
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Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have entered a deal aimed at boosting support to the private sector. The Joint Project Preparation Facility Framework Agreement will provide early project preparatory financing and technical support services to public and private sector …
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The Independent Uganda: You get the Truth we Pay the Price
