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The Latest Breaking News from Afreximbank

Spiro secures $50 million from Afreximbank, others to expand Africa battery-swapping network

Financing for Africa's electric mobility sector is surging, reflecting growing investor confidence in battery swapping, fast charging and local assembly

The Independent UK

How private investors are making billions from countries in debt

IN DEPTH: Exclusive: As an escalating climate crisis and a difficult economic outlook put ever greater pressure on developing countries, new analysis shows how wealthy private investors in the Global North are profiting

The Independent UK

African countries need strong development banks: how they can push back against narratives to weaken them

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development.

The Conversation

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read the most diverse news in one place.

Africa’s development banks are being undermined: the continent will pay the price

Ghana and Zambia’s official creditors are pressing them to default on loans to two African multilateral financial institutions: the African Export-Import Bank (Afreximbank) and the Trade and Development Bank (TDB).

The Conversation

Ghana and Zambia have snubbed Africa’s leading development bank: why they should change course

The governments of Ghana and Zambia recently took a decision that could have serious consequences for other African countries. The decision relates to arrangements on how the two countries will repay the debt they owe to Africa Export-Import Bank (Afreximbank).

The Conversation

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