… Hippolyte Fofack is chief economist and director of research at the African Export-Import Bank.– Copyright: Project Syndicate, 2023
Niger’s Colonial-Style Resource CurseAfrican Export-Import Bank
Also known as: Afreximbank · African Export – Import Bank · Africa-Export-Import Bank
African multilateral development bank providing trade finance, liquidity support, and member financing to African nations, recently ending ties with Fitch Ratings and launching a $10 billion Gulf Crisis Response Programme.
In coverage
Verbatim sentences from the source article.
- November 2023
- August 2023
… Nigeria-headquartered financial institution African Export-Import Bank (Afreximbank) was represented by president and chairperson of the board of directors Benedict Oramah. …
Govt secretive on new green hydrogen-linked projects
Afreximbank offers AfCFTA training for Namibian businesses
Namibian businesses are being targeted for African Continental Free Trade Area (AfCFTA) training through the Africa-Export-Import Bank (Afreximbank), which will take place in Egypt in June and is designed to equip participants with the skills and knowledge needed to participate in intra-African trade.
25 April 2026 · The Namibian →
Saturday 25 April
Afreximbank offers AfCFTA training for Namibian businesses
Namibian businesses are being targeted for African Continental Free Trade Area (AfCFTA) training through the Africa-Export-Import Bank (Afreximbank), which will take place in Egypt in June and is designed to equip participants with the skills and knowledge needed to participate in intra-African trade.
25 April 2026 · The Namibian →
Tuesday 14 April
South Africa's $11 billion Afreximbank deal deepens African trade
South Africa's accession to the African Export-Import Bank as its 54th member brings a $11 billion commitment to transform Africa's trade architecture through mineral processing, manufacturing, and critical infrastructure investment. The move positions the continent to retain value in raw materials and access global trade frameworks rather than exporting unprocessed minerals.
14 April 2026 · The Namibian →
Friday 10 April
Afreximbank makes N$167 billion available to Namibia
The African Export-Import Bank has made N$167.3 billion (US$10 billion) available to member states including Namibia through its Gulf Crisis Response Programme to help countries cope with rising food, transport and oil prices caused by Middle East conflict. The liquidity will allow Namibian banks and corporates to maintain supplies of fuel, liquid nitrogen gas and fertilisers despite disruptions to key trade routes.
10 April 2026 · The Namibian →
Wednesday 8 April
Afreximbank launches $10B fund to cushion Gulf crisis impacts
The African Export-Import Bank approved a US$10 billion Gulf Crisis Response Programme to protect African and Caribbean economies from economic shocks caused by the escalating Middle East conflict, providing short-term foreign exchange support, financing for essential imports, and building resilience against future crises.
8 April 2026 · New Era →
Tuesday 10 February
South Africa's Ramaphosa shows progress on energy, fails on service delivery
A Namibian assessment of President Cyril Ramaphosa's 2025 State of the Nation pledges finds significant progress on energy reform and infrastructure investment, but widespread failure in local government service delivery, water provision, jobs creation, and health insurance rollout. The analysis concludes the president is "fixing the system but failing the street," where citizens experience repeated failure in municipal services, water crises, and public health.
10 February 2026 · The Namibian →
Wednesday 28 January
African Export-Import Bank ends partnership with Fitch Ratings
Afreximbank has terminated its credit-rating relationship with Fitch Ratings, stating that the agency's process does not accurately reflect the bank's establishment agreement, mission, and development-focused mandate. The move reflects broader criticism that international rating agencies show bias against African nations, with studies suggesting such biased assessments cost the continent up to N$1.2 trillion annually.
28 January 2026 · The Namibian →
Tuesday 6 January
Egypt and Afreximbank to establish pan-African gold bank
The Central Bank of Egypt and African Export-Import Bank have signed a memorandum of understanding to establish a pan-African Gold Bank aimed at formalising gold value chains, strengthening central bank reserves, and reducing Africa's dependence on foreign refining and trading hubs. The initiative will commission a feasibility study for an integrated gold refinery and vaulting facility in Egypt, with plans to engage African governments, central banks, and mining companies across the continent.
6 January 2026 · New Era →