AFREXIMBANK
JP Morgan has upgraded Afreximbank bonds after a sell-off triggered by Fitch’s junk rating, saying the bonds now offer value despite rating controversy.
AFREXIMBANK
African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]
AFREXIMBANK
Afreximbank has officially ended its credit rating relationship with Fitch Ratings, citing concerns that the process no longer reflects its mandate, legal framework, and mission as a pan-African development bank.
EGYPT
Nigeria defeated Egypt on penalties to secure third place at AFCON 2025 in Morocco, extending their perfect bronze-medal record in Africa Cup of Nations history.
EGYPT
Hosts Morocco reached the 2025 AFCON final by beating Nigeria on penalties, while Senegal secured a 1-0 win over Egypt. Morocco vs Senegal is set for the final in Rabat on 18 January 2026.
FOOTBALL
Nigeria’s Super Eagles beat Algeria 2–0 in the AFCON 2025 quarter-finals, with goals from Victor Osimhen and Akor Adams, advancing to face Morocco in the semi-finals.
ARTIFICIAL INTELLIGENCE
Cassava Technologies and Rockefeller Foundation launch GPU-powered AI infrastructure for African NGOs, accelerating innovation in farming, healthcare and education.
AUTOMOTIVE
Spiro, Africa’s leading e-mobility startup, secures $100 million in the continent’s largest EV funding round to expand battery-swapping and electric motorbike networks across Kenya, Nigeria, Rwanda, and Uganda.
AFRICA
Global Africa Business Initiative highlights groundbreaking projects shaping Africa’s digital and financial future
AFRICA
JOHANNESBURG, South Africa, September 23, 2025/ — Cassava Technologies (Cassava) (www.CassavaTechnologies.com), a global technology leader of African heritage, has agreed a strategic collaboration with Accenture (NYSE: ACN) to scale Cassava’s sovereign AI capability across Africa. Accenture will leverage its AI Refinery™ (https://AIRefinery.Accenture.com) platform and other technologies to design and deliver sovereign AI solutions utilising Cassava’s GPU-as-a-Service […]
AFRICA
The event provided them with hands-on production opportunities, networking, and collaborative learning experiences, showcasing Canon’s commitment to nurturing talent and empowering storytellers
ECONOMY
Abuja, Nigeria – 7 July 2025 The Pan-African Payment and Settlement System (PAPSS) and leading African deep-tech company Interstellar have jointly launched the PAPSS African Currency Marketplace (PACM) — a landmark platform designed to unlock intra-African trade by eliminating the long-standing challenge of currency inconvertibility. The announcement was made during the Afreximbank Annual Meetings (AAM2025) in Abuja, in the presence of […]
AFRICA
The African Union and AFRIMA confirm January 7–11, 2026 for the 9th All Africa Music Awards in Lagos. The event will feature a week of performances, summits, and cultural showcases celebrating Africa’s creative excellence.
ART & CULTURE
Egypt opens the Grand Egyptian Museum near the Pyramids in Cairo, unveiling the full Tutankhamun treasure collection and more than 100,000 artefacts, as part of its cultural and tourism strategy.
ART & CULTURE
Across East Africa, literature has never been merely an art form — it has been a vessel of memory, resistance, and imagination. From Kenya’s colonial twilight to the unhealed echoes of Somalia, Uganda, and Ethiopia, the written word became a second independence movement — one fought in classrooms, in exile, and through languages that refused […]
ART & CULTURE
There are stories that speak — and then there are stories that sing. West Africa’s literary tradition belongs firmly in the latter category. Every line, every rhythm, carries the cadence of the continent’s oldest griots — storytellers who kept memory alive long before ink met paper. Across the twentieth and twenty-first centuries, these voices have […]
ART & CULTURE
DUBAI, United Arab Emirates – October 7, 2025 — The World Sports Photography Awards (WSPA), the world’s leading celebration of sports photography, has officially opened entries for its 2026 edition, naming Canon as the Official Imaging Partner. The awards honour the world’s finest sports photographers, recognizing images that capture the emotion, energy, and excellence at the heart of athletic performance. Canon Joins as […]
ART & CULTURE
Until his appointment, Mr. Akpata was the Head of CANEX Creations within the Afreximbank Group, taking on a central role in CCInc’s journey since its inception
AFREXIMBANK
South Africa has joined Afreximbank, unveiling a US$8bn Country Programme to drive industrial growth, boost intra-African trade, and strengthen economic integration.
AFREXIMBANK
JP Morgan has upgraded Afreximbank bonds after a sell-off triggered by Fitch’s junk rating, saying the bonds now offer value despite rating controversy.
AFREXIMBANK
African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]
AFREXIMBANK
Afreximbank has officially ended its credit rating relationship with Fitch Ratings, citing concerns that the process no longer reflects its mandate, legal framework, and mission as a pan-African development bank.
AFREXIMBANK
The Central Bank of Egypt and Afreximbank have signed an MoU to establish a pan-African Gold Bank aimed at formalising gold value chains, strengthening central bank reserves, and retaining gold value within Africa.
AFREXIMBANK
Ghana’s Ministry of Finance and Afreximbank announce the successful resolution of a US$750 million facility signed in 2022, clearing the way for continued development cooperation.
POLITICS
Uganda’s President Yoweri Museveni has secured another term in office, but opposition rejection, internet shutdowns, and security concerns have reignited debate over democracy and political reform.
POLITICS
Joint naval exercises involving China, Russia and Iran have commenced off the coast of South Africa, described by officials as a BRICS Plus operation focused on maritime security, anti-piracy and cooperation among participating navies.
CAR
Provisional results show Central African Republic President Faustin-Archange Touadéra winning a third term with about 76% of the vote after term limits were removed — opposition cites concerns.
BENIN
A group of soldiers declared a takeover and ousted President Talon in Benin, but loyal forces quickly restored order. Coup attempt foiled — full story.
GUINEA BISSAU
The military in Guinea-Bissau has seized power, deposed President Embaló, suspended elections, sealed borders, and imposed a curfew amid growing political tension.
LATEST NEWS
The U.S. has warned Nigeria of possible military action unless it curbs Islamist extremist violence against Christians — Nigeria rejects the claims, emphasising its sovereignty and commitment to religious freedom.
FOOTBALL
Senegal defeated Morocco 1–0 in extra time in the 2025 Africa Cup of Nations final thanks to a Pape Gueye goal. The match featured a controversial late penalty, a crucial Mendy save, and historic success for Senegal.
EGYPT
Nigeria defeated Egypt on penalties to secure third place at AFCON 2025 in Morocco, extending their perfect bronze-medal record in Africa Cup of Nations history.
EGYPT
Hosts Morocco reached the 2025 AFCON final by beating Nigeria on penalties, while Senegal secured a 1-0 win over Egypt. Morocco vs Senegal is set for the final in Rabat on 18 January 2026.
FOOTBALL
Nigeria’s Super Eagles beat Algeria 2–0 in the AFCON 2025 quarter-finals, with goals from Victor Osimhen and Akor Adams, advancing to face Morocco in the semi-finals.
AFRICA
Global Africa Business Initiative highlights groundbreaking projects shaping Africa’s digital and financial future
AFRICA
ALGIERS, Algeria, September 16, 2025/ — The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is seeking to unlock up to US$70 billion annually in economic gains for Africa by boosting innovation-driven sustainable growth. ARIH is expected to catalyse technological sovereignty, intra-African trade, sustainable growth and structural […]
AFREXIMBANK
African Export-Import Bank (Afreximbank) has achieved a major sustainability milestone with its African Trade Centre (AATC) in Abuja receiving LEED Platinum certification, the highest level of recognition under the globally respected Leadership in Energy and Environmental Design (LEED) framework. The certification, granted by the United States Green Building Council (USGBC) and Green Business Certification Inc. (GBCI), was officially awarded on 26 November 2025, […]
BUSINESS
Africa Finance Corporation’s portfolio company Infinity Power has achieved financial close on the 200MW Ras Ghareb Wind Farm in Egypt, securing $153 million in financing from EBRD, Proparco, and JICA. Once complete, the project will power 300,000 homes and cut 390,000 tonnes of CO₂ annually.
BUSINESS
Coca-Cola Hellenic Bottling Company (HBC) — one of the world’s largest Coca-Cola bottlers — has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) for US$2.6 billion, expanding its presence to 14 African countries and reinforcing its long-term commitment to the continent’s consumer growth story.(Reuters, Oct 21 2025) The transaction transfers controlling ownership from The […]
AFDB
BRAZZAVILLE, Republic of Congo, October 3, 2025 – More than 100 Congolese companies have been added to the African Development Bank’s (AfDB) supplier database following a training seminar aimed at strengthening local participation in the Bank’s procurement processes. The session, held in Brazzaville on 24 September 2025, was part of preparations for the AfDB’s Annual Meetings scheduled […]
AFRICA
ADDIS ABABA, Ethiopia, September 17, 2025/ — The African Development Bank Group (www.AfDB.org) has officially announced that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice (Africa NCA-CoP), strengthening its leadership role in integrating natural capital into climate-resilient development strategies across the continent. As the new host, the Bank Group […]
AFRICA
The event provided them with hands-on production opportunities, networking, and collaborative learning experiences, showcasing Canon’s commitment to nurturing talent and empowering storytellers
GHANA
Vestergaard, the Noguchi Memorial Institute for Medical Research, and Ghana’s Ministry of Health have signed an MoU to strengthen malaria elimination efforts through research and innovation, marking a major step toward health self-sufficiency in Ghana.
EDUCATION
ACCRA, Ghana, September 29, 2025 — On the occasion of World Heart Day 2025, the Merck Foundation(www.Merck-Foundation.com), in partnership with African and Asian First Ladies, Ministries of Health, and Medical Societies, announced a milestone in its mission to strengthen healthcare capacity. Out of a total 2,400 scholarships provided so far, 925 scholarships were dedicated to doctors across 52 countries in Africa, Asia, […]
ECONOMY
Ghana’s President John Dramani Mahama has called on African leaders to own the continent’s health security, urging investment in local manufacturing, sustainable financing, and pandemic preparedness at a UN gathering in New York.
ANGOLA
MALÉ, Maldives, September 17, 2025/ — Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, conducted the 7th Edition of Merck Foundation First Ladies Initiative – MFFLI Summit 2025 recently. It was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Senator, Dr. Rasha Kelej, CEO of Merck Foundation & President of Merck Foundation First Ladies […]
FEATURED
Afreximbank President, Prof. Benedict Oramah at the launch of the AMCE. Photo credit: AMCE LinkedIn Page
AFRICA
The World Health Organization (WHO) has officially declared mpox a public health emergency of international concern, following the rapid spread of a more virulent strain of the virus across several African countries. This new strain has led to an alarming increase in cases, prompting global health authorities to issue urgent calls for international cooperation. Mpox, […]
AFREXIMBANK
Algiers, October 02, 2025 – Afreximbank TV, a digital TV channel wholly owned and run by African Export-Import Bank (Afreximbank), marked its fifth edition with dedicated coverage of the recently concluded Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria. Since premiering in November 2023, the virtual TV channel has steadily grown its audience with over […]
AFRICA
Algiers, Algeria, 11 September 2025: – The fourth Intra-African Trade Fair (IATF2023), hosted in Algiers, Algeria, ended on September 10, 2025 in a resounding success with US$48.3 billion in trade and investment deals signed during the weeklong continental exposition event that begun on September 4 and attended by over 112,000 visitors (physical and virtual), from 132 countries. […]
AFRICA
At IATF 2025, Oakwood Green CEO Gabriel Edgal calls for a Pan-African Currency Protocol to cut dollar dependence and boost intra-African trade.
AFRICA
Grenada — July 29, 2025 Prof. Benedict Oramah, President of Afreximbank, has called on African and Caribbean nations to urgently build direct sea and air transport links to unlock the immense trade potential between the two regions—estimated at over $1 billion annually. Speaking during a high-level infrastructure panel at the 4th AfriCaribbean Trade and Investment Forum […]
ECONOMY
The second day of the 32nd Annual Meetings of Afreximbank in Abuja shone a spotlight on the Pan-African Payment and Settlement System (PAPSS), with leaders across Africa’s financial ecosystem hailing it as one of the most transformative tools for facilitating intra-African trade. With trade under the African Continental Free Trade Area (AfCFTA) picking up momentum, PAPSS—developed by Afreximbank […]
AFRICA
According to the Africa Trade Report 2025 published by Afreximbank, intra-African trade experienced a notable resurgence in 2024, growing by 12.4% to reach approximately US$220.3 billion. This recovery marks a sharp turnaround from the 5.9% decline observed in the previous year, underscoring the continent’s resilience and renewed momentum for integration. Leading this resurgence was South Africa, which accounted for US$42.1 billion in intra-African […]