S&P Global Ratings assigns Afreximbank ‘BBB+/A-2’ investment-grade rating
S&P noted that Afreximbank’s strong track record in delivering on its mandate underscores its strategic importance.
By Mthandazo Nyoni
4h ago
Afreximbank names Olowononi Southern Africa chief
Olowononi replaces Humphrey Nwugo, who has moved to a similar role in East Africa.
By Business Reporter
Jun. 5, 2026
Mining sector generates US$2bn in first half
Mines and Mining Development Minister Polite Kambamura said the strong performance had positioned the sector for an even bigger contribution in the second half.
By Freeman Makopa
Jun. 5, 2026
Africa Finance Corporation raises record US$2 billion syndicated loan
AFC said the facility will strengthen its capacity to scale investments in infrastructure and industrial ecosystems across Africa, supporting trade, growth and job creation.
By Business Reporter
Jun. 4, 2026
From misjudgment to momentum: A transformed China and Africa’s path to autonomy
By 2025, China-Africa trade reached $348.1 billion, with China remaining Africa’s largest trading partner for 17 consecutive years.
By Saxon Zvina
May. 25, 2026
Afreximbank profit jumps 25% amid global uncertainty
“The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate.”
By Mthandazo Nyoni
May. 22, 2026
Afreximbank injects US$15m into Ecobank Zimbabwe to drive SME export growth
Zimbabwe’s SMEs account for more than 60% of gross domestic product and over 70% of national employment
By Mthandazo Nyoni
May. 18, 2026
Insurer seeks court review of Paramount’s US$11,7m bill
Short-term insurer Alliance Insurance has appealed against a High Court order compelling it to pay textiles giant Paramount Exports nearly US$11,7 million for stock destroyed in a devastating fire,
By Blessed Ndlovu
May. 15, 2026
Oil: The writing on the wall
EAT your hearts out, Pablo Escobar, Joaquín “El Chapo” Guzmán and Nemesio “El Mencho” Oseguera Cervantes. The richest cartel by far is still the Organisation of Petroleum Exporting Countries
By Gwynne Dyer
May. 8, 2026
