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AfricanTrade

Afreximbank-Investiture

Investiture of Dr. George Elombi, President of Afreximbank – 4th President: AFRICA24 English becomes Afreximbank TV

Tune in to Africa24 Group’s exclusive coverage of Dr. George Elombi’s investiture as Afreximbank’s 4th President on October 24-25, 2025, spotlighting AfCFTA advancements, intra-African trade, and pan-African economic transformation for 120 million households worldwide.

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DHL-Sub-Saharan-Africa-Investment

DHL Group Commits more than €300 Million to Accelerate Growth Across Africa

DHL Group invests over €300 million in Sub-Saharan Africa to boost logistics infrastructure, supporting e-commerce, healthcare, and energy sectors, and enhancing global trade connectivity.

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Intra-African-trade

Afreximbank allocates US$100 million Afreximbank Trade Facilitation Programme (AFTRAF) line of credit to NBS Bank Plc Malawi

Afreximbank and NBS Bank Plc Malawi signed a US$100 million AFTRAF facility at IATF2025 to enhance trade finance, supporting Malawi’s imports of essential commodities like fuel, fertilizers, and pharmaceuticals, fostering intra-African trade and economic growth.

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Afreximbank-AAAM-automotive-trade

Afreximbank Renews Partnership with African Association of Automotive Manufacturers (AAAM) to Promote industrialization of Africa’s automotive Sector

Afreximbank and AAAM renewed their MoU at IATF2025 in Algiers to boost Africa’s automotive sector through regional value chains, financing, and policy support, aiming to drive industrialization, create jobs, and reduce reliance on imported vehicles by 2035.

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Kenya-China-loan-restructuring

Kenya Seeks to Convert its Loans from China into Yuan from Dollars to Lower Debt Costs

Kenya plans to restructure a $5 billion Chinese loan for its Standard Gauge Railway to reduce annual debt servicing costs of $1 billion, as its $40.5 billion external debt raises IMF concerns about potential debt distress in 2025.

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