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S&P Global Ratings has assigned Afreximbank a BBB+ long-term issuer credit rating and A-2 short-term rating with a stable outlook, strengthening the bank’s position as a countercyclical trade finance provider for Africa and the Caribbean. The rating comes as Afreximbank...
#Afreximbank#Africa#Caribbean
Afreximbank has released a new Trade and Development Finance Brief warning that Africa needs stronger trade and investment resilience as…
#AfCFTA#Afreximbank#Africa
The Asian Development Bank has reported a sharp rise in trade finance activity as Asian markets face pressure from the…
#ADB#Asia#development finance
The World Bank Group’s guarantee platform is aiming to more than double annual guarantee issuance in Africa to $6.4bn by…
#Africa#development finance#guarantees
The Asian Development Bank has launched a new financing facility to help Asia and the Pacific build critical minerals supply…
#ADB#commodity finance#critical minerals
The OPEC Fund has launched a $1.5bn financing initiative to support countries facing rising energy costs, commodity disruption and tighter…
#commodity disruption#development finance#OPEC Fund
Afreximbank has reported net income of $1.2bn, underlining its growing capacity to support trade finance and working capital across Africa.…
#Afreximbank#development finance#financial results