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Afreximbank Delivers Strong Financial Results for Q3 ended 30 September 2024, Surpassing Prior Year’s Performance Despite Challenging Operating Environment

The Group delivered a solid performance, closing the third quarter in a strong financial position, evidenced by its healthy liquidity levels, better asset quality, and robust capital adequacy levels November 18, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its […]

AFC Facilitates Landmark $200 Million Corporate Finance Facility for BUA

The financing, approved by Afreximbank in two tranches, supports BUA’s medium-term objectives by unlocking capital to pursue emerging market opportunities November 12, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has facilitated a landmark US$200 million corporate finance facility for the BUA Group, a prominent Nigerian conglomerate […]

Monthly Fixed Income Market Insight – October 2024

November 11, 2024/InvestmentOne Report Liquidity condition in the financial system remained tight in October 2024, owing to multiple funding pressures from the primary market auctions held during the month. As such, we saw interbank rates print above c.30.00% levels for most part of the month. Specifically, the Open Buy Back […]