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 […]

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 […]

April 28, 2025/IMF Jihad Azour, Director of the Middle East and Central Asia Department and Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department of the International Monetary Fund (IMF) issued a statement today: “Global shocks are adding to regional factors resulting in exceptionally uncertain economic environment for Middle […]