World News

AFC Names Ireti Samuel-Ogbu as Chair of Board of Directors

Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa April 28, 2025/AFC Africa Finance Corporation (AFC), the continent’s leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board […]

Afreximbank Launches $3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement April 28, 2025/Afreximbank To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of […]

AfDB Signs $3.2 Billion Exposure Exchange with Inter-American Development Bank

African Development Bank President Dr Akinwumi Adesina and Inter-American Development Bank President Ilan Goldfajn sign $3.2 billion Exposure Exchange. Image Credit: AfDB   Since 2015, the African Development Bank has used these agreements to diversify lending within its sovereign portfolio and deploy capital effectively while preserving a resilient financial base […]