Afreximbank hunts for local staff…as US$80m ATC set to begin operations in Zim

Zimbabwe and Nigeria were in 2019 selected by Afreximbank to host the first ATCs.
By Business Reporter Mar. 25, 2024

FEDA seeks to close Africa’s US$110bn equity financing gap …opens office in Rwanda

 FEDA began operations four years ago. It became the fund manager of the US$1 billion AfCFTA Adjustment Fund in 2023.
By Business Reporter Mar. 21, 2024

CABS secures US$25m AfDB facility

The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.
By Business Reporter Dec. 21, 2023

Zambia’s UCF plans US$700m investment in Zim’s fertiliser sector

The interest by UCF comes on the back of plans by an Egyptian tycoon Sherif El Gabaly to invest in the local fertiliser sector.
By Business Reporter Dec. 13, 2023

Forbes Africa names Oramah Person of the Year

The Forbes award comes barely a month after the Afreximbank chief received the Zik Prize in Professional Leadership at an event in Lagos, Nigeria.
By Business Reporter Dec. 11, 2023

Reserve Bank secures $800m in BOP support

In its 2022 annual report released late last month, the central bank said the money includes letters of credit (LCs).
By Mthandazo Nyoni Dec. 1, 2023

AfCFTA has potential to end Africa’s colonial legacy: Ekra

The IATF2023 provides a platform for enterprises to access an integrated African market of over 1,3 billion people with a GDP of over US$3,5 trillion generated by AfCFTA.
By Enos Denhere Nov. 17, 2023

Afreximbank ropes in Zim in US$2bn agric plan

Monday’s agreement was signed by ARISE Integrated Industrial Platforms and the governments of Chad, Malawi, Zimbabwe and Egypt.
By Ndamu Sandu Nov. 15, 2023

US$1bn injection breathes life into African films

The programme provides a range of financing and non-financing instruments and interventions aimed at supporting trade and investment in Africa’s creative sector.
By Winstone Antonio Nov. 13, 2023