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South Africa has joined Afreximbank, completing the lender’s continental membership and strengthening its institutional standing as it faces rating pressure and tighter global funding conditions.
The projected slowdown comes even as macroeconomic conditions stabilise and investor sentiment improves amid ongoing reforms in West Africa’s largest economies.
First HoldCo’s earnings per share collapsed in 2025 after heavy loan-loss provisions and divestment losses wiped out profits, even as interest income hit record levels.
The tool, developed by the Alliance of African Multilateral Financial Institutions (AAMFI), is intended to help regions lenders coordinate support for countries under strain and reduce the risk of protracted disputes during debt restructurings.
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In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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On the news and on paper, the country’s economy is recovering and stabilising, but it appears that people’s bellies and traders’ inventories are yet to see this in reality.
Nigeria’s 2026 fiscal strategy hinges on tighter cash control, selective divestments and PPPs. Global precedents offer hope, but execution risks could test credibility and growth.
January’s disbursements, which includes a record $500 million auction, represents 82% of the $780 million sold throughout 2025, highlighting a significant acceleration in the scale of market operations.
Official data show Zimbabwe’s annual inflation slowed sharply to 4.1% in January, from 15% in December and 10.1% a year earlier, as the country’s gold-backed currency strengthened on the back of record bullion prices.
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