GCR Ratings (GCR) has affirmed African Export-Import Bank (Afreximbank) international scale long and short-term issuer ratings of A and A2 respectively. The outlook was revised to...
Fitch Ratings has downgraded African Export-Import Bank’s (Afreximbank) Long-Term Issuer Default Rating (IDR) to ‘BB+’ from ‘BBB-’. Fitch also downgraded Afreximbank’s Short-Term IDR to ‘B’, from...
Manufacturers and small businesses are set to benefit from a new era of seamless cross-border payments, thanks to the launch of the Pan-African Payment and Settlement...
Yemi Kale, Afreximbank’s Group Chief Economist, yesterday said that Nigeria is positioned to drive Africa’s transition into a digitally enabled trade ecosystem, arguing that the country’s...
FirstBank of Nigeria has announced the integration of the Pan-African Payment and Settlement System (PAPSS) into its digital banking platform, the LIT App, enabling customers to...
Dr Yemi Kale, Group Chief Economist, Africa Export Import Bank (Afreximbank), has decried that despite micro, small and medium enterprises (MSMEs) constituting over 95 per cent...
INATEL, a subsidiary of the National Telecommunications Company (ENTC) of Algeria, has partnered with Morefun Electronic Technology of China to produce and export two million electronic...
Nigeria Governors’ Forum (NGF) will launch its ‘Investopedia’, a platform designed to showcase investment opportunities across Nigeria’s 36 states. Yunusa Abdullahi, director of Media and Strategic...
Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the...
The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing $10 million to Telecel Global Services Ltd, through a senior secured...
