Government clarifies Freedom Day incident

Source: Government of South Africa

Government clarifies Freedom Day incident

Government has noted with concern misleading reports suggesting that the National Freedom Day celebrations were disrupted after an individual briefly made his way onto the stage towards President Cyril Ramaphosa and the Minister of Sport, Arts and Culture, Gayton McKenzie. 

“Government wishes to clarify that these reports are incorrect and may overstate the nature of the incident. At the time of the incident, the formal programme of the Freedom Day celebrations had already concluded, and proceedings had transitioned into a cultural performance segment, with an artist entertaining attendees,” the Government Communication and Information System (GCIS) said.

In a statement, the GCIS said the President, accompanied by dignitaries, was on stage engaging with the performance in a celebratory manner. 

“Members of the public, including a large number of children, were gathered in an orderly fashion outside the main stage area, awaiting an opportunity to greet the President.

“During this time, an individual, in a state of visible excitement, made his way onto the stage with the intention of greeting the President and the Minister. Security personnel responded swiftly, restraining the individual in line with standard protocol,” Acting Government Spokesperson Nomonde Mnukwa said.

It has since been established that the individual posed no security threat and did not attempt to cause harm. His actions were driven by enthusiasm and a desire to interact with the President and the Minister.

“Government further confirms that the official programme was not disrupted. Following this brief moment, the President proceeded to engage with members of the public outside the stage area, including the individual concerned, who expressed great joy at meeting the President,” said the GCIS.

South Africa commemorated National Freedom Day on Monday in the Free State.

READ | Government strengthening criminal justice system and rooting out corruption

SAnews.gov.za

 

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Minister announces 4% wage increase for public servants 

Source: Government of South Africa

Minister announces 4% wage increase for public servants 

Public Service and Administration Minister, Inkosi Mzamo Buthelezi, has announced a 4% wage increase for public servants.

The adjustment, effective from 1 April 2026, applies to employees on salary levels 1 to 12 and those covered by Occupation Specific Dispensations (OSDs). 

The increase gives effect to the Public Service Co-ordinating Bargaining Council (PSCBC) Resolution 1 of 2025, which established a multi-year wage framework for the public service.

“The implementation of this 4% adjustment is a testament to our unwavering commitment to the stability of our Public Service and the sanctity of collective bargaining. By honoring the ‘floor’ mechanism within PSCBC Resolution 1 of 2025, we are ensuring that even when inflation projections sit at 3.4%, public servants on salary levels 1 to 12 receive a deemed increase that provides a meaningful cushion against the rising cost of living.

This is not merely an administrative update; it is a deliberate act of support for the men and women who serve the citizens of South Africa every day,” said Minister Buthelezi in a statement.

The 4% cost-of-living adjustment is for the 2026/2027 financial year, the Department of Public Service and Administration (DPSA) said.

While the National Treasury projected the Consumer Price Index (CPI) for 2026/27 at 3.4%, the collective agreement includes a “floor” and “ceiling” mechanism.

“Because the projected CPI was below 4%, the resolution mandates that the increase be deemed 4%. The adjustment is a pensionable salary increase for all qualifying staff,” the DPSA said.

The directive specifically covers employees appointed under the Public Service Act, 1994. 

Certain groups are excluded from this specific circular, as their adjustments are handled by their respective Executive Authorities:
– Senior Management Service (SMS): Salary levels 13 to 16 will be addressed once the level 1–12 process is finalised.
– Sectoral Personnel: Employees under the South African Police Services Act, Employment of Educators Act, South African Defence Act, and Correctional Services Act.
– NPA Personnel: Those employed under the National Prosecuting Authority Act.

Beyond the standard salary scales, the circular addresses several other critical areas of public service remuneration:
– Pay Progression: Qualifying employees will receive pay progression for the 2025/26 performance cycle starting 1 July 2026.
– Interns and Developmental Programmes: Departments must ensure stipends for interns are adjusted to match the new salary scales effective 1 April 2026.
– Casual Workers: Hourly and daily rates for contract or casual employees must be calculated using a specific formula.
– Sessional Rates: Revised rates for healthcare and social service professionals (Nurses, Social Workers, Medical Officers, etc.) are included in the new appendices.

“Beyond the immediate salary scales, we are placing significant emphasis on the future of our workforce by ensuring that intern stipends and developmental programmes are adjusted in tandem with these new scales as we forge ahead in building a capable, ethical and developmental state,” said the Minister. –SAnews.gov.za 
 

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African Mining Week (AMW) to Showcase Emerging Mining Frontiers as Africa Ramps Up Geomapping

Source: APO – Report:

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State agencies the Ghana Gold Board and the Ghana Geological Survey Authority have signed an agreement to co-conduct geological surveys in the Funsi, Atuna and Bensere East regions. The initiative aims to expand national gold reserves, increase output and support the formalization of artisanal mining operations. The agreement is part of a growing trend across Africa, with mineral-rich countries embarking on national geomapping programs to strengthen mineral production, de-risk exploration projects and position the continent as a key player in the global mineral supply chain.

Acceleration in geomapping exercises will be a key focus at the upcoming African Mining Week (AMW) Conference and Exhibition – The Most Influential Mining Conference in Africa, scheduled for October 14-16 in Cape Town. The event will connect global investors and geophysical technology providers with African regulators and project developers, facilitating strategic collaborations aimed at unlocking greenfield developments.

The theme for AMW 2026 – Mining the Future: Unearthing Africa’s Full Mineral Value Chain – reflects a growing trend among African mining jurisdictions eager to unlock the continent’s $8.5 trillion worth of untapped mineral potential. This is backed by the launch of national geomapping initiatives, aimed at identifying new exploration frontiers and supporting investments.

Recent examples include Burundi’s mid-March partnership with U.S. companies Lifezone Metals and KoBold Metals to assess the Musongati Nickel project and other critical mineral prospects. The Democratic Republic of Congo has also engaged Xcalibur Smart Mapping to survey an area spanning 700,000 square kilometers as part of a strategy to unlock over $24 trillion in untapped mineral reserves, with 90% of its geology yet to be explored.

Zambia has also completed 55% of its national geomapping project, as the country seeks to identify new copper deposits to meet its 2031 target of increasing output to three million tons. Meanwhile, Nigeria is advancing its own geomapping efforts following approval of a N1 trillion budget for 2026, aimed at unlocking the country’s potential in more than 44 critical minerals. Several other countries, including Tanzania, are also implementing similar initiatives, while South Africa is providing technical support to nations such as Gabon, South Sudan and Nigeria.

Liberia has plans to geomap 80% of its largely unexplored geology. In an exclusive interview ahead of AMW 2026, Matenokay Tingban, Liberia’s Minister of Mines and Energy, told organizers that “we are seeking geomapping and exploration partners. With Liberia’s vast but largely untapped mineral resources, access to geoscientific data will allow us to negotiate stronger investment deals and unlock downstream infrastructure development.”

The surge in geomapping initiatives highlights Africa’s commitment to unlocking its mining sector growth and presents lucrative opportunities for global exploration, drilling and geophysical technology providers. AMW 2026 will showcase ongoing geomapping progress, connecting African stakeholders with global partners to foster partnerships that will drive the expansion of Africa’s drilling and greenfield projects.

– on behalf of Energy Capital & Power.

Impact Africa to launch Fundamentals of Sustainability Accounting (FSA®) Credential Course, invites financial professionals to join interest list

Source: APO – Report:

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As an Approved Education Provider for the IFRS Foundation’s FSA® Credential, Impact Africa Consulting Limited (www.ImpactingAfrica.com) brings to market, a preparation course for the credential that trains financial professionals to identify sustainability-related risks and opportunities, normalize sustainability data for valuation, and connect them to a company’s financial position, performance, and prospects.

Impact Africa Consulting Limited has announced plans to launch an FSA® Credential preparation course which is designed to equip African financial professionals with the skills to integrate sustainability considerations into financial analysis. As an Approved Education Provider under the IFRS Foundation’s Approved Education Provider Program, Impact Africa has disclosed that it will deliver a preparation course that supports candidates preparing for the two-level FSA® Credential examination. This is the most advanced credential related to ISSB Standards.

Speaking from the company’s headquarters in Nairobi, the Lead Consultant and Partner Dr. Edward Mungai said “The upcoming program will train professionals to identify sustainability-related risks and opportunities, normalize sustainability data for valuation, and connect sustainability information to a company’s financial position, performance, and prospects. This comes at a moment where financial reporting is pivoting across the continent. Regulators, stock exchanges, and development of finance institutions across Africa are increasingly aligning with ISSB Standards, requiring them to treat sustainability as a financial variable.”

Owen Muruthi, one of the trainers and industry experts supporting the course, noted that financial professionals must increasingly understand how sustainability affects financial performance.

“The FSA® Credential equips professionals with the tools to integrate sustainability considerations into financial analysis and decision-making. Investors, regulators, and capital markets increasingly expect professionals to understand how sustainability-related risks and opportunities influence financial performance and long-term value creation. The FSA® Credential provides the structured knowledge and analytical tools needed to bridge that gap.”

Professionals are expected to gain the ability to identify sustainability-related risks and opportunities that affect financial performance, normalize sustainability data for fundamental, comparative, and industry analysis, and connect sustainability disclosures to key financial elements such as revenue, expenses, assets, liabilities, and cost of capital. They will also learn how to apply sustainability insights within valuation models used by investors and capital markets to inform investment decisions.

For years, sustainability and financial analysis operated in separate silos, with professionals often treating environmental, social, and governance factors as peripheral to core financial decision-making. The introduction of ISSB Standards has changed this landscape, creating a growing need for financial professionals who can fluently integrate sustainability considerations into their analysis and reporting.

The FSA® Credential, developed by the globally recognized IFRS Foundation, is a two-level examination program designed to equip professionals with the knowledge and skills to bridge this gap. The credential is held by more than 8,000 professionals across over 60 countries and is widely recognized for its rigor in connecting sustainability information with financial performance and investment decisions.

Level I, Principles and Practices, provides a foundation in the sustainability disclosure landscape, including IFRS Sustainability Disclosure Standards, and explores how material sustainability information informs corporate strategy and investment decisions. Level II, Application and Analysis, trains candidates to identify sustainability-related financial risks and opportunities, normalize sustainability data for comparative analysis, and apply insights within financial and valuation models.

Impact Africa’s upcoming FSA Credential preparation course is tailored for finance and sustainability professionals working in markets increasingly aligned with ISSB disclosures. Drawing on experience advising organizations across Botswana, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia, and Zimbabwe, the course situates IFRS Foundation–approved content within African market realities. This includes the growing expectations of capital markets for ISSB-aligned disclosures, the requirements of development finance institutions for sustainability integration, and emerging regulatory frameworks across Sub-Saharan Africa.

The course is ideal for CFOs, Finance Directors, financial controllers, financial analysts, investment professionals, sustainability and ESG practitioners, consultants supporting clients on reporting and disclosure strategy, and students or early-career professionals seeking to build expertise at the intersection of sustainability and finance. Professionals interested in early access to course details and enrollment information are encouraged to join the interest list.

– on behalf of Impact Africa Consulting Limited.

Media Contact:
Solomon Irungu
Solomonirungu@impactingafrica.com
Impact Africa Consulting Limited

About Impact Africa Consulting Limited:
Impact Africa Consulting Limited is a leading development consulting firm headquartered in Nairobi, Kenya. The firm specializes in sustainability and climate advisory, impact assessment and M&E, and Private and social sector advisory services. The organization operates as a certified GRI training partner across Africa, and offers a growing portfolio of professional development programs in sustainability, governance, health security, resource mobilization, and now the FSA® Credential preparation course, equipping financial professionals to integrate sustainability considerations into financial analysis

Impact Africa is an Approved Education Provider for the FSA® Credential under the IFRS Foundation’s Approved Education Provider Program.

Website: www.ImpactingAfrica.com

Prime Minister, and Minister of Foreign Affairs Holds Phone Call with Egyptian Prime Minister

Source: Government of Qatar

Doha, April 27, 2026

HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, has held a phone call with Prime Minister of Egypt,آ Dr. Mostafa Madbouly.
At the outset of the call, HE the Prime Minister and Minister of Foreign Affairs expressed his condolences to HE the Egyptian Prime Minister on the passing of the latter’s father, Major General Kamal Madbouly.
The call also reviewed bilateral cooperation and ways to strengthen it, in addition to discussing regional developments, particularly those related to the ceasefire between the United States and Iran, and efforts aimed at de-escalation to support security and stability in the region. 

Prime Minister, Minister of foreign Affairs Holds Telephone Conversation with Saudi Foreign Minister

Source: Government of Qatar

Doha, April 27 , 2026

HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani held a telephone conversation with HE Foreign Minister of Saudi Arabia, Prince Farhan bin Abdullah Al Saud.

The two sides touched on bilateral relations and ways to support and strengthen them. They also discussed developments in the region, particularly those related to the ceasefire between the United States and the Islamic Republic of Iran, and efforts aimed at de-escalation to enhance security and stability in the region.

HE the Prime Minister and Minister of Foreign Affairs stressed the need for all parties to engage with the ongoing mediation efforts, in a fashion that paves the way for addressing the root causes of the crisis via dialogue and peaceful means, through to reaching a sustainable agreement that prevents re-ignition of the crisis. 

Prime Minister, and Minister of Foreign Affairs Receives Phone Call from Egyptian Foreign Minister

Source: Government of Qatar

Doha, April 27, 2026

HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani has received a phone call from HE Minister of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs of the Arab Republic of Egypt, Dr. Badr Abdelaaty.

The two sides touched on bilateral relations and ways to support and strengthen them. They also discussed developments in the region, particularly those related to the ceasefire between the United States and the Islamic Republic of Iran, and efforts aimed at de-escalation to enhance security and stability in the region.

HE the Prime Minister and Minister of Foreign Affairs stressed the need for all parties to engage with the ongoing mediation efforts, in a fashion that paves the way for addressing the root causes of the crisis via peaceful means and dialogue, through to reaching a sustainable agreement that prevents re-ignition of the crisis. 

Prime Minister and Minister of Foreign Affairs Discusses Regional Developments in Phone Call with Senegal PM

Source: Government of Qatar

Doha, April 27, 2026
HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani has received a phone call from HE Prime Minister of the Republic of Senegal Ousmane Sonko to discuss bilateral ties and regional developments.
The two sides reviewed cooperation between Doha and Dakar, and explored ways to strengthen and expand their partnership.
They also discussed the latest developments in the region, particularly those related to a ceasefire between the United States of America and the Islamic Republic of Iran, as well as ongoing efforts to de-escalate tensions and enhance regional security and stability.
HE Sheikh Mohammed stressed the importance of all parties engaging constructively with mediation efforts, saying this would help address the root causes of the crisis through dialogue and peaceful means.
He added that such engagement could pave the way for a lasting agreement that would prevent a renewed escalation in tensions. 

Afreximbank dévoile Instances of Exceptional Moments of Hunger: Une nouvelle Anthologie puissante mettant en valeur la nouvelle génération d’écrivains d’Afrique et des Caraïbes

Source: Africa Press Organisation – French

La Banque Africaine d’Import-Export (Afreximbank) (www.Afreximbank.com) a annoncé aujourd’hui la publication de « Instances of Exceptional Moments of Hunger », une nouvelle anthologie captivante de nouvelles issues de l’atelier d’écriture créative CANEX 2024. Cette initiative s’inscrit dans le cadre de son programme Creative Africa Nexus (CANEX), conçu pour découvrir, développer et promouvoir de nouvelles voix littéraires audacieuses d’Afrique et des Caraïbes.

Réunissant dix-neuf écrivains exceptionnels d’Afrique Globale, représentant seize pays, cette anthologie offre une riche mosaïque de récits contemporains, transcendant les frontières géographiques, linguistiques et les expériences vécues. Initialement élaborées à l’issue d’un atelier intensif et très sélectif, les nouvelles ont été soigneusement sélectionnées et, pour certaines, traduites de l’arabe, du français et du portugais vers l’anglais, élargissant ainsi leur audience à un lectorat international plus vaste.

Publié en collaboration avec Narrative Landscape Press (http://apo-opa.co/4d883qa), une maison d’édition africaine indépendante basée à Nairobi et à Lagos, *Instances of Exceptional Moments of Hunger* explore les thèmes de l’identité, de la résilience, l’aspiration et de la transformation, offrant aux lecteurs un aperçu rare des paysages émotionnels et culturels qui façonnent une nouvelle génération de talents littéraires.

Mme Kanayo Awani, Vice-présidente exécutive d’Afreximbank, en charge du commerce intra-africain et de développement des exportations de la Banque a commenté : « Cette anthologie représente bien plus qu’une compilation d’histoires – c’est un investissement stratégique dans l’avenir créatif de l’Afrique. Grâce à des initiatives telles que l’atelier d’écriture créative CANEX, Afreximbank ne se contente pas de cultiver les talents, mais constitue également un vivier de propriété intellectuelle compétitive à l’échelle mondiale, capable de franchir les frontières et les formats – de la littérature au cinéma et à la télévision – tout en renforçant le récit africain. » 

Dr Eghosa Imasuen, éditeur de Narrative Landscape Press, a ajouté : « Lorsque nous nous sommes réunis à Aburi, au Ghana, en août 2024, pour le premier atelier d’écriture créative CANEX Book Factory, notre objectif était clair : offrir aux jeunes auteurs de prose du continent et de sa diaspora un espace protégé pour développer leur art, acquérir de la rigueur et s’épanouir. Ces auteurs se révèlent et nous savons que les lecteurs découvriront leur émergence dans cette anthologie ».

Au-delà de sa signification littéraire, l’anthologie représente une étape importante dans les efforts d’Afreximbank visant à positionner la narration africaine au sein de l’économie créative mondiale. En tant que titulaire des droits d’auteur, CANEX Creations Inc. (CCInc), filiale d’investissement en propriété intellectuelle soutenue par le Fonds de développement des exportations en Afrique (FEDA), filiale d’investissement à impact d’Afreximbank, appuiera la commercialisation et la diffusion de l’anthologie, tout en explorant les possibilités d’adapter certaines œuvres au cinéma, à la télévision et dans d’autres formats.

Soulignant encore davantage la qualité et l’ambition de l’anthologie, les œuvres africaines de l’anthologie ont été soumises au Prix Caine pour la littérature africaine, largement considéré comme l’une des distinctions les plus prestigieuses de la littérature africaine.

L’atelier d’écriture créative CANEX s’inscrit dans le cadre du programme Creative Africa Nexus (CANEX) d’Afreximbank, qui vise à dynamiser les industries créatives du continent africain afin de stimuler le développement économique, la création d’emplois et la diversification des exportations. Avec cette publication, Afreximbank, à travers son programme CANEX, réaffirme son engagement à soutenir les talents émergents, à ouvrir de nouveaux marchés et à faire entendre la voix des Africains sur la scène internationale.

Instances of Exceptional Moments of Hunger est désormais disponible en format de poche sur Amazon et via Narrative Landscape Press (https://apo-opa.co/42wxWKb).

Distribué par APO Group pour Afreximbank.

Contact Presse : 
Vincent Musumba 
Responsable de la communication et de la gestion événementielle (Relations presse) 
Courriel : press@afreximbank.com 

CANEX Creations Incorporated
9 KN 3 Avenue, 8th Floor
Kiyovu I&M Bank Building
Central Business District
Kigali, Rwanda
ccinc@afreximbank.com

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À propos d’Afreximbank :
La Banque Africaine d’Import-Export (Afreximbank) est une institution financière multilatérale panafricaine dédiée au financement et à la promotion du commerce intra et extra-africain. Depuis 30 ans, Afreximbank déploie des structures innovantes pour fournir des solutions de financement qui facilitent la transformation de la structure du commerce africain et accélèrent l’industrialisation et le commerce intrarégional, soutenant ainsi l’expansion économique en Afrique. Fervente défenseur de l’Accord sur la Zone de Libre-Échange Continentale Africaine (ZLECAf), Afreximbank a lancé les le Système panafricain de paiement et de règlement (PAPSS) qui a été adopté par l’Union africaine (UA) comme la plateforme de paiement et de règlement devant appuyer la mise en œuvre de la ZLECAf. En collaboration avec le Secrétariat de la ZLECAf et l’UA, la Banque a mis en place un Fonds d’ajustement de 10 milliards de dollars US pour aider les pays à participer de manière effective à la ZLECAf. À la fin de décembre 2024, le total des actifs et des garanties de la Banque s’élevait à environ 40,1 milliards de dollars US et les fonds de ses actionnaires s’établissaient à 7,2 milliards de dollars US. Afreximbank est notée AAA par China Chengxin International Credit Rating Co., Ltd (CCXI), A par GCR, A- par Japan Credit Rating Agency (JCR) Moody’s (Baa2). Au fil des ans, Afreximbank est devenue un groupe constitué de la Banque, de sa filiale de financement à impact appelée Fonds de développement des exportations en Afrique (FEDA), et de sa filiale de gestion d’assurance, AfrexInsure, (les trois entités forment « le Groupe »). La Banque a son siège social au Caire, en Égypte.

Pour de plus amples informations, veuillez visiter www.Afreximbank.com

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Afreximbank Unveils Instances of Exceptional Moments of Hunger: A Powerful New Anthology Showcasing Africa and the Caribbean’s Next Generation of Writers

Source: APO

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today announced the publication of Instances of Exceptional Moments of Hunger, a compelling new anthology of short stories emerging from the 2024 CANEX Creative Writing Workshop, an initiative under its Creative Africa Nexus (CANEX) programme, designed to discover, develop, and elevate bold new literary voices from Africa and the Caribbean.

Bringing together nineteen exceptional writers from Global Africa, representing sixteen countries, the anthology is a rich tapestry of contemporary storytelling, spanning geographies, languages, and lived experiences. Originally developed through an intensive and highly selective workshop process, the stories have been carefully curated and, in some cases, translated from Arabic, French, and Portuguese into English, expanding their reach to a wider global readership.

Published in collaboration with Narrative Landscape Press (http://apo-opa.co/4d883qa), an independent African publisher based in Nairobi and Lagos, Instances of Exceptional Moments of Hunger explores themes of identity, resilience, longing, and transformation—offering readers a rare glimpse into the emotional and cultural landscapes shaping a new generation of literary talent.

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development commented: “This anthology represents far more than a compilation of stories—it is a strategic investment in Africa’s creative future. Through initiatives such as the CANEX Creative Writing Workshop, Afreximbank is not only nurturing talent but also building a pipeline of globally competitive intellectual property capable of crossing borders and formats – from literature to potentially film and TV – while further strengthening the African narrative.”

Dr. Eghosa Imasuen, publisher, Narrative Landscape Press added: “When we gathered in Aburi, Ghana, in August 2024 for the inaugural CANEX Book Factory Creative Writing Workshop, we had a clear purpose: to give emerging prose writers from the continent and the diaspora a protected space for craft, discipline, and growth. These writers are announcing themselves and we know that readers will find in this anthology, their arrival.”

Beyond its literary significance, the anthology represents an important milestone in Afreximbank’s efforts to position African storytelling within the global creative economy. As copyright holder, CANEX Creations Inc. (CCInc), the intellectual property investment subsidiary backed by Afreximbank’s equity impact subsidiary, the Fund for Export Development in Africa (FEDA), will support the anthology’s commercialization and visibility, while exploring opportunities to extend select works into films, television series, and other formats.

Further underscoring the quality and ambition of the anthology, the African works within the collection have been submitted for consideration for the Caine Prize for African Writing, widely regarded as one of the most prestigious honors in African literature.

The CANEX Creative Writing Workshop forms part of Afreximbank’s broader Creative Africa Nexus (CANEX) programme, which seeks to catalyze the growth of the continent’s creative industries as a driver of economic development, job creation, and export diversification. With this publication, Afreximbank through its CANEX Programme continues to demonstrate its commitment to empowering emerging talent, unlocking new markets, and amplifying African voices on the global stage.

Instances of Exceptional Moments of Hunger is available now on Amazon (http://apo-opa.co/3OPpkLE) in paperback. and through Narrative Landscape Press (http://apo-opa.co/4d883qa).

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com

CANEX Creations Incorporated
9 KN 3 Avenue, 8th Floor
Kiyovu I&M Bank Building
Central Business District
Kigali, Rwanda
ccinc@afreximbank.com

Follow us on: 
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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2025, Afreximbank’s total assets and contingencies stood at over US$48.5 billion, and its shareholder funds amounted to US$8.4 billion. Afreximbank has investment grade ratings assigned by China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), GCR (A), Japan Credit Rating Agency (JCR) (A-), and. Moody’s (Baa2). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

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