Guinea Bank Gets US$67 Million for Small Firms
AFG Bank Guinée and France's Proparco signed US$67 million in loans and guarantees for small firms in Conakry on 6...
October 7, 2026Topic
trade finance
Nigeria Tells Abuja Trade Fair Exhibitors to Close Deals, Not Just Display
Nigeria’s trade minister told the 21st Abuja trade fair to deliver deals, as India says two-way trade rebounded to US$9.2...
September 30, 2026
Kenya’s Co-operative Bank Signs a US$100 Million Swap With Development Lender EBRD
Co-operative Bank of Kenya and the EBRD signed a US$100 million currency swap on 16 September 2026, the first deal...
September 17, 2026
Afreximbank PAPSS Expects China and India Links by Early 2027
The head of Africa's cross-border payment system expects links to China, India and Brazil in the first quarter of 2027....
September 16, 2026
Africa’s Trade Bank Has Lent Egypt US$9.5 Billion in Three Years and Is Turning Cairo Into a Hub
Afreximbank has provided about US$9.5 billion to Egypt in three years, with total assets reaching US$52.3 billion by 30 June...
September 13, 2026
A Libyan Bank Is About to Put China’s Payment App in Its Customers’ Hands
Libya Alipay payments are coming: North Africa Bank says customers will soon pay Chinese suppliers by phone, as Libyan banks...
September 8, 2026Afreximbank’s Profit Rose 30% in a Rough Year for Its Members
Afreximbank half-year results show net income of US$534.7 million, up 30%, with loans at US$35.4 billion and the bad-loan ratio...
August 26, 2026
Libya Ties a Company’s Access to Dollars to the Tax It Has Actually Paid
Libya hard currency access is now set by formula: 30 times a company's average income tax plus 10 times its...
August 21, 2026
Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade
Stanbic Bank Tanzania launched direct yuan settlement on Aug. 12, 2026, letting businesses trade with China without converting through the...
August 14, 2026