African Export-Import Bank (Afreximbank)

African Export Import Bank (Afreximbank) is set to double its financing of intra-African trade to 40 billion dollars on a revolving basis by 2026. This bank’s intra-African trade financing stood at 20 billion dollars in 2021.…

The Secretary-General of the Africa Continental Free Trade Area, Mr Wamkele Mene, has revealed that the Pan-African Payment and Settlement System (PAPSS) would save the continent the sum of $5 billion annually when operational. The…

The African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) signed a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund of up to $50 million that will provide early project preparation…