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Rwandan minister concerned about Africa’s US$50 billion annual losses

posted in: Africa, Afrique

The estimated US$50 billion being lost annually by Africa due to illicit financial flows should be a source of concern to the continent, especially as access to finance and capital was a key constraint to growth and economic development, Rwanda’s … Read More

Africa and China banks sign US$1 billion agreement

posted in: Africa

The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China have signed a cooperation agreement to create a US$1 billion China-Africa Investment and Industrialization Programme to facilitate the construction and creation of industrial parks and special economic zones in … Read More

Zambia: Afreximbank plans mobile payment platform for Africa

posted in: Africa, Afrique

Lusaka, Zambia (PANA) – The African Export-Import Bank (Afreximbank) plans to introduce a mobile payment platform to support intra-African trade and payments, according to Bank President Jean-Louis Ekra. President Ekra said at the opening of Afreximbank’s annual Seminar/Workshop on the … Read More