african.business mixed news headlines
IMF funding is a catalyst for climate finance
ECA Executive Secretary Claver Gatete said African countries are in a vicious cycle of spending and revenue mobilisation efforts. We need to examine all options, but we need to move quickly, he said. At one time 80% of debt was concessio
The Arab Republic of Egypt Accedes to the Establishment Agreement for Afreximbanks Fund for Export Development in Africa (FEDA)
With Egypts longstanding position as a founding shareholder and the host country of Afreximbanks headquarters, this recent development underscores Egypts commitment to supporting Afreximbank and FEDAs mission of catalyzing intra-African trade and
South AfricasProgressive Business Forum honours Afreximbank board member Ronnie Ntuli with Lifetime Achievement Award
The award, which was presented at the PBFs inaugural Show Up awards ceremony, recognizes and celebrates individuals who have distinguished themselves in business, public service and, through their commercial, entrepreneurial and civic ventures. I
Afreximbank, CAF and RAF join hands to position football as a lever for growth and promote gender inclusivity
The potential of the sport industry on African livelihoods is evident: the sector is expected to grow by 8% over the next 3-5 years to reach USD 12 Billion in 2027 and, in football, over 500 African players are contracted across 11 prominent Euro
Geometric power commissions the Afreximbank-backed 141mw Aba Integrated Power Project
Adequate distribution of energy is a cornerstone for national development, playing a critical role in facilitating industrialisation and trade. Recognising the challenges in the sector such as inadequate liquidity, high level of debt, and a lack
UNECAs Claver Gatete: We need to focus on a practical, collaborative and regional approach
Omar Ben Yedder: Youve sat on the other side of the fence as Minister of Finance and later of Infrastructure. What are your plans for the ECA to ensure it is relevant to policy makers? Claver Gatete: One thing that we support co
Three top priorities for Africa in the G20
Last week, the G20 finance ministers and central bank governorsgathered in Sao Paulo, Brazil. On the agenda was a multitude of issues, including the reforms of the global financial architecture, the state of the global economy, food security, dev
In Conversation with Augustine Kenyi
Trade growth South Sudan has benefited a lot from membership of the East African Community. This has opened doors to tariff-free trade with the region and removed barriers to the free movement of people, services, capital and as
In Conversation with Ropafadzo Shoko
Ropafadzo Shoko, one of the younger participants at CoM2024 is determined to ensure that young people have a say in the green transition, given that they comprise more than half of the regions population. In her role at the Elevate Trust