The African Export-Import Bank (Afreximbank) is set to launch a branch office in Cameroon – its first in Central Africa – as the bank seeks to increase its presence in the region. Afreximbank and the government of Cameroon have signaled their intent to establish a hub in Yaounde, inking a

The Central Bank of Egypt (CBE) has signed off on a new US$600mn export credit risk company in a bid to bolster Egypt’s intra-Africa trade links. The new company, which will be based out of Cairo, will seek to help Egyptian companies win contracts for major projects with African governments,

Lagos, Nigeria, 3 December 2019 – Nigeria, which signed the landmark African Continental Free Trade Agreement in July, is this weekhosting its national AfCFTA Forum on the “Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development”. The Forum, which runs from 5-6 December 2019 in Lagos, is being co-organized

The African Continental Free Trade Area (AfCFTA), launched in 2018 and now in its operational phase, is a landmark deal that aims to bring together 54 African countries with a combined population of more than 1 billion people and a combined GDP of over US$3tn. The ultimate aim of the

The African Export-Import Bank (Afreximbank) is setting up an East Africa branch office in Kampala, Uganda – its first in the region – which will be open for business in October and formally launched in November. A spokesperson for Afreximbank tells GTR that the new branch office will be headed up by

Key View – At Fitch Solutions we expect continued progress towards ratification of the African Continental Free Trade Area (AfCFTA), potentially one of the world’s largest free-trade areas. – The threshold for the trade area to come into effect—that is, ratification of the AfCFTA agreement by the parliaments of at

Africa’s population is expected to double by 2050, reaching 2.5 billion. Growing populations create an increasing demand for transport infrastructure because efficient and cost-effective transport infrastructure remains an essential cornerstone for any country’s economic development. Africa’s diaspora is not an exception to this rule. Providing impetus to this growing demand