Afreximbank Stories

Report questions AGOA’s effectiveness as deadline nears, extension talks continue
Alfred Onyango  |  Jun 21, 2025

While countries such as South Africa, Kenya, and Lesotho have benefited from preferential access under the scheme, Afreximbank notes that the recent i...

Afreximbank issues first Panda bond, raises Sh39.1 billion in Chinese market
Lucy Mumbi  |  Jun 10, 2025

The Bank’s successful entry into China’s Interbank Bond Market followed rigorous regulatory and approval processes for Panda bond issuances.

AU slams Fitch over Afreximbank downgrade, calls rating flawed and legally inaccurate
Alfred Onyango  |  Jun 07, 2025

The African Peer Review Mechanism (APRM) on Friday described the downgrade as analytically flawed and inconsistent with the legal frameworks that gove...

Why Kenya’s debt outlook is improving: Stronger shilling, weaker dollar, policy shifts drive decline
Alfred Onyango  |  Jun 04, 2025

According to Afreximbank's 2025 report on the state of debt burdens, a major external influence behind this shift is the changing economic policy envi...

Africa’s pharma market to grow 26pc by 2029 as demand rises, but local production still lags
Alfred Onyango  |  May 21, 2025

Data from the UN Trade and Development notes that over 70 per cent of Africa’s medicines are imported, and half of the countries on the continent have...

Afreximbank launches Sh129bn funding kitty to empower African creatives
Alfred Onyango  |  May 15, 2025

The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...

Trade between African countries up 8pc to Sh27 trillion in 2024, report shows
Alfred Onyango  |  Apr 11, 2025

Despite the positive growth and outlook, Afreximbank says Africa's trade landscape remains vulnerable to global price volatility and external shocks,...

Report: East Africa to power Africa’s economic growth in 2025
Alfred Onyango  |  Apr 04, 2025

East Africa’s projection is an upgrade from 4.4 per cent in the previous year, with the lender backing agriculture and services sectors as the main dr...

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