… He also cited Nigeria’s African Medical Centre of Excellence in Abuja, pioneered by Afreximbank and King’s College Hospital, tackling the $6 billion annual loss to outbound medical tourism. …
… He also cited Nigeria’s African Medical Centre of Excellence in Abuja, pioneered by Afreximbank and King’s College Hospital, tackling the $6 billion annual loss to outbound medical tourism. …
… If the Lagos playbook is followed, Dangote could also add in a mix of his own equity, commercial bank loans and development finance institutions such as Afreximbank. …
… The six-week programme, hosted by the Association of African Automotive Manufacturers (AAAM) in collaboration with the Africa Continental Free Trade Area (AfCFTA) Secretariat, Afreximbank, the Toyota Wessels Institute for Manufacturing Studies (TWIMS) and GIZ, focuses squarely on …
… The Ranking Member also called for stronger collaboration between the Authority and key international development and financing institutions, particularly Afreximbank, as well as other global partners involved in trade, industrialisation, and economic development. …
… The NVI is, therefore, looking for strategic investors such as the Ghana Exim Bank, Afreximbank, and the International Finance Corporation (IFC) to fund local manufacturers to produce vaccines for the country. …
… In South Africa, nearly 73% of citizens now express distrust toward African immigrants, even as the country accounts for over 40% of all intra African trade. “At a time when the AU, AfCFTA, Afreximbank, the African Development Bank, and the Africa Monologue Challenge are working …
President Mahama has called on African leaders to treat health as an investable, high-growth economic sector rather than a charitable cost, positioning health sovereignty and economic security of Africa's 1.4 billion people as a continental priority.
President Mahama has called on African leaders to treat health as an investable, high-growth economic sector rather than a charitable cost, positioning health sovereignty and economic security of Africa's 1.4 billion people as a continental priority.
At the Alamein Africa Forum in Egypt, President Mahama called on African leaders to make health sovereignty a priority for the continent's 1.4 billion people, arguing that health should be treated as an investable, high-growth economic sector rather than a charitable cost. He cited evidence that investment in basic maternal and newborn care yields significant economic returns for every dollar invested.
Billionaire Aliko Dangote is planning to build a $15–16 billion refinery in Lamu, Kenya, with a 700,000-barrel-per-day capacity and expected completion by 2030, but securing crude supply poses a challenge since Kenya currently has no commercial oil output, unlike Nigeria where Dangote's existing refinery operates.
Prudential Bank has activated the Pan African Payment and Settlement System (PAPSS) on its mobile banking app, enabling customers to send and receive cross-border payments across participating African countries in local currencies. The bank said the move supports intra-African trade and aligns with AfCFTA objectives and Ghana's 24-hour economy policy.
Africa's financial system has advanced through mobile money and digital lending, with mobile money processing 108 billion transactions worth over US$1.68 trillion in 2024 across 2 billion registered accounts. Digital assets like stablecoins and real-time payment systems offer opportunities to reduce remittance costs and improve transfer efficiency across the continent.
A six-week executive short course hosted by the Association of African Automotive Manufacturers and the AfCFTA Secretariat, alongside partners including Afreximbank and GIZ, opened in Accra, designed to strengthen Africa's capacity to implement the African Continental Free Trade Area in the automotive sector.
Michael Okyere Baafi, Ranking Member of Parliament's Trade, Industry, and Tourism Committee, praised the Ghana Free Zones Authority's progress in attracting investment and creating employment, and urged management to review the Free Zones Act to keep pace with global trade dynamics and strengthen partnerships with international financing institutions.
Ghana's National Vaccine Institute is seeking partnerships with investors including Ghana Exim Bank, Afreximbank, and the International Finance Corporation to fund local vaccine manufacturers, as GAVI funding ends in 2030 and Ghana will need to fund vaccines locally at about $50 million in four years. The NVI has signed a tech transfer agreement with PT Biopharma of Indonesia for tetanus-diphtheria vaccine manufacturing locally by 2027.
The African Chamber of Content Producers has called for African Union and AfCFTA intervention to address xenophobic attacks on African nationals in South Africa, saying the situation has prompted Ghana to evacuate approximately 300 of its nationals and risks damaging intra-African trade, tourism, and unity.
The World Health Expo (WHX) in Lagos (2–4 June 2026) will host a Hospital Investment & Buyer Leadership Forum to connect healthcare leaders and suppliers, addressing West Africa's medical equipment and pharmaceutical import dependency and supply-chain vulnerabilities.
Afreximbank will hold its 33rd Annual Meetings in El Alamein, Egypt in June, expecting more than 4,000 delegates to discuss how intra-African trade can accelerate industrialisation and strengthen economic sovereignty. The focus will be on building domestic industrial capacity and translating continental integration platforms like the AfCFTA into productive capacity and investible projects.
The Governor of the Central Bank of Egypt announced that preparations are underway for Egypt to host the 33rd Annual Meetings of the African Export-Import Bank in New Alamein City in June, coinciding with the African Union Mid-Year Coordination Summit and the African Business Forum. He emphasized Egypt's strategic partnership with Afreximbank as the bank's largest shareholder and headquarters host, highlighting its support for African trade, industrialization, and financial cooperation.
Afreximbank will hold its 33rd Annual Meetings in El Alamein, Egypt, in June 2026, expected to attract more than 4,000 delegates to discuss how intra-African trade can accelerate industrialisation and strengthen the continent's economic sovereignty. The bank's president emphasised that Africa must move beyond reliance on commodity exports and external systems by building domestic industrial capacity.
Africa's fragmented cross-border payment systems are slow and costly compared to global averages, spurring interest in stablecoins as settlement infrastructure. The strategic question is whether African banks will institutionalize stablecoins within regulated frameworks or whether the infrastructure will continue to develop outside formal banking channels.