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economicgrowth

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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African-Development-Fund-Replenishment

United Kingdom to Host African Development Fund’s 17th Replenishment Pledging Session, Reaffirming Strong Support

PRESS RELEASE ABIDJAN, Ivory Coast, October 10, 2025/ — The United Kingdom has announced that it will host the 17th Replenishment pledging session of the African Development Fund (ADF)in December. The session will bring together development partners to agree on contributions for the ADF’s 2026-2028 cycle. The UK’s Minister of State for Development and Africa, Baroness Jenny

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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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DHL-Exporters-of-the-Year-Awards

DHL Launches Exporters of the Year Awards across Sub-Saharan Africa for Small and Medium-sized Enterprises (SMEs)

DHL’s Exporters of the Year Awards in Sub-Saharan Africa celebrate SMEs driving economic growth through sustainable trade, with categories for ESG, women exporters, and global expansion, offering €4,000 prizes and recognition in Dubai.

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Trade-Finance-Tanzania

African Development Bank Group (AfDB) approves $10 million trade finance guarantee to Exim Bank Tanzania to support Small and medium-sized enterprises (SME) and local corporates

The African Development Bank Group approves a $10 million trade finance guarantee for Exim Bank Tanzania, enabling $60 million in trade, supporting SMEs, and fostering economic growth in Tanzania, Uganda, Djibouti, and Comoros.

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