Afreximbank pushes back after Fitch downgrade
The pan-African bank said it operated under very high standards of financial transparency, adhering to International Financial Reporting Standards (IFRS), including IFRS 9.
By Business Reporter
Jun. 10, 2025
A wake-up call for African leaders
Fitch considered Afreximbank’s exposure to the Ghana sovereign (2,4% of loans) as non-performing.
By Newsday
Jun. 10, 2025
Algerian envoy calls for boost in bilateral trade
Seoudi said relations between Zimbabwe and Algeria were strong, with the latter offering science students scholarships to study in that country.
By Peter Dube
Jun. 9, 2025
ZimTrade empowers local businesses for IATF2025
This marks the first engagement session to mobilise Zimbabwean companies for Africa’s premier trade and investment platform.
By Business Reporter
Jun. 2, 2025
Reality check as Afreximbank pegs Zim growth at 3,8%
Bretton Woods institutions and the government have projected the economy to grow by 6%, propelled by recovery in agriculture and commodity prices, specifically gold.
By Tatira Zwinoira
May. 26, 2025
Afreximbank posts strong net income of US$215 million
The group posted strong net income of US$215 million, a 21% increase year-on-year from US$178 million in the prior period.
By Mthandazo Nyoni
May. 21, 2025
Afreximbank African Trade Centres, catalysing business across Africa and the Caribbean
Our institution was created to provide counter-cyclical support and to drive the transformation of our continent through, among others, greater trade.
By Robert Tomusange
Apr. 22, 2025
Zim to get share of US$300m Afreximbank dividend
As of 2023, Zimbabwe was the bank’s fifth-largest shareholder with a stake of 5,71%.
By Tatira Zwinoira
Apr. 15, 2025
Afreximbank defies global economic headwinds with record US$973,5m profit in 2024
Zimbabwe is one of the 54 African member states participating in Afreximbank.
By Mthandazo Nyoni
Apr. 14, 2025
