Afreximbank’s Risk Framework Assessed and Registered as Complying with ISO 31000:2018, Reinforcing its Mandate as the Continent’s Leading Trade Finance Institution

Source: APO


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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been registered with the ISO 31000:2018 Risk Management Standard by Certification Partner Global (CPG), marking a significant milestone in the Bank’s institutional evolution and commitment to world-class operational excellence.

Issued in November 2025, this registration follows rigorous independent assessments of Afreximbank’s enterprise risk management framework by external auditors, with zero non-conformities. This achievement places the pan-African multilateral financial institution alongside leading global development banks and financial institutions that have attained this prestigious standard.

ISO 31000:2018, developed by the International Organisation for Standardisation, represents the gold standard in risk management practices globally. It provides comprehensive principles and guidelines covering risk management design, governance, implementation, evaluation, and integration across organisations. The registration validates that Afreximbank’s risk management framework meets international best practices while addressing the unique complexities of operating across 54 African member states and the Caribbean Community (CARICOM).

Commenting on the registration, Dr Elias Kagumya, Group Managing Director, Risk Management & Chief Risk Officer at Afreximbank said, “Attaining ISO 31000:2018 registration is not just about global recognition; it represents years of deliberate investment in building institutional capacity and embedding a proactive risk culture throughout our organization. As a treaty-based institution with a USD45 billion balance sheet supporting African trade across diverse markets, we recognize that effective risk management is fundamental to delivering our mandate. This feat assures our stakeholders – member states, commercial banks, investors, and the businesses we serve – that we operate with the same risk maturity as the world’s leading financial institutions. Our Risk Management Framework further provides a bank-wide approach to managing risks and protecting the Bank’s goals. By carefully identifying, understanding, and monitoring risks across all areas of its operations, from business strategy to environmental and mandate-related issues, the framework ensures that key programmes, platforms, and financial tools are managed in a stable and well-controlled manner.”

The accreditation aligns with Afreximbank’s Strategic Plan VI priorities – Building a Mature Risk Management Framework – and reflects the Bank’s commitment to continuous improvement in governance, transparency, and operational standards. In 2025, Afreximbank launched a comprehensive benchmarking project of its Enterprise Risk Management (ERM) framework against ISO 31000:2018, working with CPG as the independent accreditation body.

The achievement delivers tangible benefits across Afreximbank’s operations. The ISO 31000:2018 framework strengthens stakeholder confidence by demonstrating the maturity of the Bank’s risk management systems and its commitment to continuous improvement. It enhances entity-wide risk culture by promoting proactive risk identification and mitigation across the Bank’s complex operating environment. The ISO 31000 standard also provides structured guidance for integrating risk considerations into strategy formulation, financial planning, initiatives management, and supporting informed decision-making.

Furthermore, the standard creates efficiency gains through the adoption of formal guidelines for monitoring, reviewing, and improving risk management practices, including enhanced tools for reporting and communicating risks bank-wide. It strengthens the Bank’s overall control environment by validating the effective implementation of sound risk management practices and tools.

Also commenting, Certification Partner Global (CPG), the global accreditation body which issued the certification stated, “Afreximbank’s Risk Management Framework represents a comprehensive and sophisticated approach to enterprise-wide risk governance. The Bank has demonstrated exceptional capability in identifying, assessing, treating, and monitoring risks across its diverse strategic programmes, platforms, and core instruments through a well-structured Risk Universe that addresses nine critical risk categories; from Strategy and Business Risk to Mandate Risk. This framework’s alignment with international best practices, as evidenced in the Afreximbank’s Enterprise Risk Management Framework (Version 1.1, March 2024), reflects the Bank’s commitment to robust risk governance and positions it as a leader in institutional risk management within the global financial services landscape. We are pleased to certify this framework, which provides a solid foundation for Afreximbank to pursue its strategic objectives while maintaining the highest standards of risk oversight and operational resilience.”

The accreditation comes at a pivotal moment for African trade integration, as Afreximbank continues to play a central role in operationalising the African Continental Free Trade Area (AfCFTA). The Bank’s commitment to robust risk management underpins critical initiatives including the Pan-African Payment and Settlement System (PAPSS), which now connects 19 countries and over 160 commercial banks, and the Africa Trade Gateway (ATG), which is transforming cross-border commerce across the continent.

Afreximbank’s achievement of ISO 31000:2018 registration reinforces its position not only as Africa’s premier trade finance institution but as a globally competitive development bank committed to the highest standards of institutional governance and operational excellence.

Distributed by APO Group on behalf of Afreximbank.

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

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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 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). 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

eThekwini Municipality calls for arts and culture grant-in-aid applications

Source: Government of South Africa

eThekwini Municipality calls for arts and culture grant-in-aid applications

The eThekwini Municipality’s Recreation and Parks Directorate has invited registered and eligible non-profit organisations (NPOs), non-government organisations (NGOs) and non-profit companies (NPCs) in the performing arts and culture sectors to apply for Grant-In-Aid (GIA) funding for the 2025/26 financial year.

The funding programme, aligned with the municipality’s Integrated Development Plan (IDP), is aimed at providing financial and material support to community-based organisations that promote performing arts and cultural programmes, artist development, social cohesion, and economic opportunities within the eThekwini Municipality.

“Areas of focus include music, dance, theatre (drama), comedy, poetry and cultural development,” the municipality said in a statement.

Applicants must meet several compliance requirements, including the submission of a completed application form, a valid tax clearance certificate, latest annual financial statements, certified copies of registration documents and directors’ identity documents, and a detailed organisational profile and project or business plan.

Organisations are also required to provide proof of physical address, bank account details, registration on both the municipal supplier database and the Central Supplier Database, two recent reference letters from the creative sector, and an affidavit confirming that none of the directors are employed by eThekwini Municipality or any other government department.

Application forms and guideline documents are available on the eThekwini Municipality website at www.durban.gov.za, or can be obtained from the Arts and Living Cultures Office at the Stable Theatre, 115 Johannes Nkosi Street, Greyville.

Documents can also be requested via email at Ngiphiwe.Ndlovu@durban.gov.za or Stable.Admin@durban.gov.za.

Completed applications, together with all supporting documentation, must be submitted electronically to Ngiphiwe.Ndlovu@durban.gov.za, or Stable.Admin@durban.gov.za, or hand delivered to the Stable Theatre offices before the closing date of 15 February 2026. – SAnews.gov.za

 

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Quadro de Risco do Afreximbank Avaliado e Certificado em conformidade com a Norma ISO 31000:2018, Reforçando o seu Mandato como Instituição Líder em Financiamento Comercial do Continente

Source: Africa Press Organisation – Portuguese –

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O Banco Africano de Exportação e Importação (Afreximbank) (www.Afreximbank.com) foi registado com a Norma de Gestão de Risco ISO 31000:2018 pela Parceria de Certificação Global [Certification Partner Global (CPG)], assinalando um marco significativo na evolução institucional do Banco e no seu compromisso com a excelência operacional de classe mundial.

Emitido em Novembro de 2025, este registo segue-se a rigorosas avaliações independentes do quadro de gestão de risco empresarial do Afreximbank por auditores externos, sem qualquer não conformidade. Esta conquista coloca a instituição financeira multilateral pan-africana ao lado dos principais bancos de desenvolvimento e instituições financeiras mundiais que atingiram esta prestigiada norma.

A ISO 31000:2018, desenvolvida pela Organização Internacional de Normalização, representa o padrão de excelência em práticas de gestão de risco a nível mundial. Apresenta princípios e orientações abrangentes que cobrem a concepção, governação, implementação, avaliação e integração da gestão de risco em todas as organizações. O registo valida que o quadro de gestão de risco do Afreximbank cumpre as melhores práticas internacionais, ao mesmo tempo que aborda as complexidades únicas de operar em 54 Estados-Membros africanos e na Comunidade das Caraíbas (CARICOM).

Comentando sobre o registo, o Dr. Elias Kagumya, Director-Geral do Grupo para Gestão de Risco e Director de Risco do Afreximbank, afirmou que: “Atingir o registo ISO 31000:2018 não se resume apenas ao reconhecimento mundial; representa anos de investimento deliberado no reforço da capacidade institucional e na incorporação de uma cultura de risco pró-activa em toda a nossa organização. Como instituição regulada por tratado, com um balanço de 45 mil milhões de dólares a apoiar o comércio africano em diversos mercados, reconhecemos que uma gestão de risco eficaz é fundamental para cumprir o nosso mandato. Esta conquista garante às nossas partes interessadas – Estados-Membros, bancos comerciais, investidores e as empresas que servimos – a certeza de que operamos com a mesma maturidade de risco que as principais instituições financeiras mundiais. O nosso Quadro de Gestão de Risco proporciona ainda uma abordagem a nível bancário para gerir os riscos e proteger os objectivos do Banco. Ao identificar, compreender e monitorizar cuidadosamente os riscos em todas as áreas das suas operações, desde a estratégia empresarial até questões ambientais e relacionadas com o mandato, o quadro garante que os principais programas, plataformas e ferramentas financeiras são geridos de forma estável e bem controlada.

A acreditação está de acordo com as prioridades do Plano Estratégico VI do Afreximbank — Criar um Quadro de Gestão de Riscos Maduro — e reflecte o compromisso do Banco com a melhoria contínua da governação, transparência e padrões operacionais. Em 2025, o Afreximbank lançou um projecto abrangente de avaliação comparativa do seu quadro de Gestão de Risco Empresarial (ERM) em relação à ISO 31000:2018, trabalhando com a CPG como organismo de acreditação independente.

Esta conquista traz benefícios tangíveis em todas as operações do Afreximbank. O quadro ISO 31000:2018 reforça a confiança das partes interessadas, demonstrando a maturidade dos sistemas de gestão de risco do Banco e o seu compromisso com a melhoria contínua. Melhora a cultura de risco em toda a entidade, promovendo a identificação e mitigação pró-activa de riscos em todo o complexo ambiente operacional do Banco. A norma ISO 31000 fornece igualmente orientações estruturadas para integrar considerações de risco na formulação de estratégias, planificação financeira, gestão de iniciativas e apoio à tomada de decisões informadas.

Além disso, a norma cria ganhos de eficiência através da adopção de orientações formais para monitorizar, analisar e melhorar as práticas de gestão de risco, incluindo ferramentas melhoradas para relatar e comunicar riscos em todo o banco. Reforça o ambiente de controlo geral do Banco, validando a implementação eficaz de práticas e ferramentas sólidas de gestão de risco.

Comentando igualmente, a Parceria de Certificação Global [Certification Partner Global (CPG)], o organismo de acreditação mundial que emitiu a certificação afirmou que: “O Quadro de Gestão de Risco do Afreximbank representa uma abordagem abrangente e sofisticada à governação de riscos em toda a empresa. O Banco demonstrou uma capacidade excepcional na identificação, avaliação, tratamento e monitorização de riscos em todos os seus diversos programas estratégicos, plataformas e instrumentos centrais através de um Universo de Risco bem estruturado que aborda nove categorias de risco críticas; desde o Risco Estratégico e Empresarial ao Risco de Mandato. O alinhamento deste quadro com as melhores práticas internacionais, conforme evidenciado no Quadro de Gestão de Risco Empresarial do Afreximbank (Versão 1.1, Março de 2024), reflecte o compromisso do Banco com uma governança de risco sólida e posiciona-o como líder na gestão do risco institucional no panorama mundial de serviços financeiros. Temos o prazer de certificar este quadro, que proporciona uma base sólida para o Afreximbank prosseguir os seus objectivos estratégicos, mantendo os mais elevados padrões de supervisão de riscos e resiliência operacional.

A acreditação surge num momento crucial para a integração comercial africana, uma vez que o Afreximbank continua a desempenhar um papel central na operacionalização da Zona de Comércio Livre Continental Africana (ZCLCA) O compromisso do Banco com uma gestão de risco sólida sustenta iniciativas críticas, incluindo o Sistema Pan-Africano de Pagamentos e Liquidações (PAPSS), que agora liga 19 países e mais de 160 bancos comerciais, e o Africa Trade Gateway (ATG), que está a transformar o comércio transfronteiriço em todo o continente.

A obtenção da certificação ISO 31000:2018 pelo Afreximbank reforça a sua posição não só como a principal instituição financeira comercial de África, mas igualmente como um banco de desenvolvimento competitivo a nível mundial, comprometido com os mais elevados padrões de governação institucional e excelência operacional.

Distribuído pelo Grupo APO para Afreximbank.

Contacto para a Imprensa:
Vincent Musumba
Gestor de Comunicações e Eventos (Relações com a Imprensa)
Correio Electrónico: press@afreximbank.com

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Sobre o Afreximbank:
O Banco Africano de Exportação e Importação (Afreximbank) é uma instituição financeira multilateral pan-africana com mandato para financiar e promover o comércio intra e extra-africano. Há mais de 30 anos que o Banco utiliza estruturas inovadoras para oferecer soluções de financiamento que apoiam a transformação da estrutura do comércio africano, acelerando a industrialização e o comércio intra-regional, impulsionando assim a expansão económica em África. Apoiante firme do Acordo de Comércio Livre Continental Africano (ACLCA), o Afreximbank lançou um Sistema Pan-Africano de Pagamento e Liquidação (PAPSS) que foi adoptado pela União Africana (UA) como plataforma de pagamento e liquidação para sustentar a implementação da ZCLCA. Em colaboração com o Secretariado da ZCLCA e a UA, o Banco criou um Fundo de Ajustamento de 10 mil milhões de dólares para apoiar os países que participam de forma efectiva na ZCLCA. No final de Dezembro de 2024, o total de activos e contingências do Afreximbank ascendia a mais de 40,1 mil milhões de dólares e os seus fundos de accionistas a 7,2 mil milhões de dólares. O Afreximbank tem notações de grau de investimento atribuídas pela GCR (escala internacional) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) e Fitch (BBB-). O Afreximbank evoluiu para uma entidade de grupo que inclui o Banco, a sua subsidiária de fundo de impacto de acções, denominada Fundo para o Desenvolvimento das Exportações em África (FEDA), e a sua subsidiária de gestão de seguros, AfrexInsure (em conjunto, “o Grupo”). O Banco tem a sua sede em Cairo, Egipto.

Para mais informações, visite: www.Afreximbank.com.

Employment and Labour moves to bolster worker protection

Source: Government of South Africa

Employment and Labour moves to bolster worker protection

The Department of Employment and Labour has taken decisive steps to strengthen worker protection and close long-standing compliance gaps across key sectors, including security, municipalities and the creative industries. 

In a statement on Thursday, the department said it has officially withdrawn the 2003 Variation Notice that previously excluded the application of Section 34A of the Basic Conditions of Employment Act (BCEA), which governs the payment of employee benefit fund contributions.

The withdrawal restores the authority of labour inspectors to enforce the timely payment of pension, provident fund, retirement and medical aid contributions deducted from employees’ salaries. 

For years, the exemption created what the department described as “a significant enforcement gap”, leaving workers vulnerable to employers who deducted contributions but failed to transfer them to the relevant funds.

“With the exemption now removed, inspectors are empowered to verify whether employers have paid contributions into the correct funds, request proof of payment and contribution schedules, and take enforcement action wherever non‑compliance is detected,” the department said. 

The department said the intervention strengthens workplace-level accountability and provides enhanced protection for workers’ hard-earned benefits, particularly in the security sector and municipalities, where abuse has been widespread.

In a separate but related development, the Minister of Employment and Labour, Nomakhosazana Meth, has published a notice indicating the department’s intention to classify performers and crew members in the film, television, advertising, artistic and cultural sectors as employees.

Many workers in these industries are currently designated as independent contractors, despite operating under conditions similar to permanent employment. The department said the move seeks to extend essential labour protections, including access to sick leave, maternity leave, severance pay, protection under the National Minimum Wage, and coverage through the Compensation for Occupational Injuries and Diseases Act.

The proposal would also ensure compliance with BCEA provisions on working hours, termination procedures and record-keeping, while extending rights related to fixed-term contracts under the Labour Relations Act.

According to the department, the proposed reform responds to “strong stakeholder submissions” and recognises the vulnerability of performers and production staff, who frequently operate without basic labour protections. It confirmed that the process could result in a sectoral determination tailored to the industry’s specific needs.

Stakeholders have 30 days from the date of publication to submit written inputs, while the Minister has requested the National Minimum Wage Commission to investigate wage levels and employment conditions in the sector.

“Together, these regulatory measures mark a clear step forward in advancing decent work in South Africa. They demonstrate a renewed commitment to closing compliance gaps, protecting vulnerable workers, and ensuring that employers across all industries uphold the country’s labour laws.

“The actions reinforce the department’s dedication to promoting fairness in the workplace, supporting a more equitable labour market, ensuring accountability among employers, and safeguarding the rights and dignity of all workers,” the department said. – SAnews.gov.za

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NSFAS approves funding for over 626 000 first-time applicants

Source: Government of South Africa

NSFAS approves funding for over 626 000 first-time applicants

The National Student Financial Aid Scheme (NSFAS) has approved funding for 626 935 first-time applicants, while 427 144 continuing university students have met the progression criteria for support.

Briefing the media on the state of the Post-School Education and Training (PSET) sector and readiness for the 2026 academic year on Thursday, Higher Education and Training Minister Buti Manamela said NSFAS remains critical in enabling access to higher education for poor and working-class students.

However, he noted that sustained improvements in basic education, combined with broader economic constraints, continue to place pressure on the funding model.

“Short-term stabilisation measures are in place, while a medium-term sustainable funding reform is being developed. The missing-middle fund continues to scale,” Manamela said.

The Minister also acknowledged the critical role of Sector Education and Training Authorities (SETAs) in expanding access to funding, particularly for students who do not qualify for NSFAS.

He said that during the 2025/26 funding cycle, SETAs are supporting more than 15 000 new bursary beneficiaries and nearly 8 000 continuing beneficiaries, with a combined value of close to R2 billion.

“This diversification of funding sources reduces over-reliance on NSFAS and strengthens system resilience,” he said.

Bachelor’s pass does not guarantee university admission 

Manamela used the briefing to address what he described as a persistent misunderstanding regarding university admissions for learners who obtain a Bachelor’s pass in the National Senior Certificate (NSC) exam.

He said that while 46.4% of candidates achieved a Bachelor’s pass in the 2025 NSC examinations, this often creates unrealistic expectations among learners and their families.

“A Bachelor’s pass does not guarantee admission to a university or to a specific programme. Universities apply faculty and programme specific requirements, including subject combinations, minimum symbols, and selection processes where demand exceeds capacity.

“Where learners and families experience disappointment, it is often not because of failure, but because of misaligned expectations. Our responsibility is to ensure that learners understand, early and clearly, the full range of credible post-school pathways, not only the most visible ones,” the Minister said.

A total of 28.1% candidates achieved a Diploma pass, while 13.5% obtained a Higher Certificate pass in the 2025 NSC examinations.

Manamela noted that with more than 40% of learners not achieving a Bachelor’s pass, the post-school system must be clearly differentiated, well-articulated and effectively communicated.

While welcoming the sharp increase in matric pass rates, the Minister said the outcome has placed significant pressure on the PSET system.

“The Post-School Education and Training System (PSET) currently has approximately 535 000 funded and planned spaces across universities, Technical Vocational Education and Training (TVET) colleges, Community Education and Training (CET) colleges, skills programmes, and workplace-based learning. This gap between success and capacity is real, structural, and longstanding,” Manamela said.

Manamela rejected claims that the post-school system is in crisis, saying it is undergoing deliberate reform.

“It is under pressure, but it is being deliberately reshaped. Education, training, and skills development in all their forms carry equal dignity and social value. Multiple pathways are not a compromise, they are a strength.

“Not every learner will secure immediate placement in their first choice but every learner must be able to find a credible, supported pathway into learning, skills development, and productive participation in society. That is the task we have set ourselves and that is the work we will continue to do,” the Minister said.

Second chance and community education

Manamela said Community Education and Training colleges remain central to inclusive access and are fully prepared for the 2026 academic year.

He said the colleges will accommodate youth and adults seeking the Amended Senior Certificate, participation in the National Senior Certificate Second Chance Programme, as well as occupational and skills programmes.

“The academic year commenced on 12 January 2026, with registrations for annual programmes closing on 27 February 2026, while short skills programmes remain open throughout the year,” Manamela said. – SAnews.gov.za
 

GabiK

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Employment and Labour moves to close compliance gaps, expand worker protections

Source: Government of South Africa

Employment and Labour moves to close compliance gaps, expand worker protections

The Department of Employment and Labour has taken decisive steps to strengthen worker protections and close long-standing compliance gaps across key sectors, including security, municipalities and the creative industries. 

In a statement on Thursday, the department said it has officially withdrawn the 2003 Variation Notice that previously excluded the application of Section 34A of the Basic Conditions of Employment Act (BCEA), which governs the payment of employee benefit fund contributions.

The withdrawal restores the authority of labour inspectors to enforce the timely payment of pension, provident fund, retirement and medical aid contributions deducted from employees’ salaries. 

For years, the exemption created what the department described as “a significant enforcement gap”, leaving workers vulnerable to employers who deducted contributions but failed to transfer them to the relevant funds.

“With the exemption now removed, inspectors are empowered to verify whether employers have paid contributions into the correct funds, request proof of payment and contribution schedules, and take enforcement action wherever non‑compliance is detected,” the department said. 

The department said the intervention strengthens workplace-level accountability and provides enhanced protection for workers’ hard-earned benefits, particularly in the security sector and municipalities, where abuse has been widespread.

In a separate but related development, the Minister of Employment and Labour, Nomakhosazana Meth, has published a notice indicating the department’s intention to classify performers and crew members in the film, television, advertising, artistic and cultural sectors as employees.

Many workers in these industries are currently designated as independent contractors, despite operating under conditions similar to permanent employment. The department said the move seeks to extend essential labour protections, including access to sick leave, maternity leave, severance pay, protection under the National Minimum Wage, and coverage through the Compensation for Occupational Injuries and Diseases Act.

The proposal would also ensure compliance with BCEA provisions on working hours, termination procedures and record-keeping, while extending rights related to fixed-term contracts under the Labour Relations Act.

According to the department, the proposed reform responds to “strong stakeholder submissions” and recognises the vulnerability of performers and production staff, who frequently operate without basic labour protections. It confirmed that the process could result in a sectoral determination tailored to the industry’s specific needs.

Stakeholders have 30 days from the date of publication to submit written inputs, while the Minister has requested the National Minimum Wage Commission to investigate wage levels and employment conditions in the sector.

“Together, these regulatory measures mark a clear step forward in advancing decent work in South Africa. They demonstrate a renewed commitment to closing compliance gaps, protecting vulnerable workers, and ensuring that employers across all industries uphold the country’s labour laws.

“The actions reinforce the department’s dedication to promoting fairness in the workplace, supporting a more equitable labour market, ensuring accountability among employers, and safeguarding the rights and dignity of all workers,” the department said. – SAnews.gov.za

DikelediM

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Afreximbank announces termination of its credit rating relationship with Fitch

Source: APO

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has today officially terminated its credit rating relationship with Fitch Ratings.

This decision follows a review of the relationship, and its firm belief that the credit rating exercise no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission and its mandate.

Afreximbank’s business profile remains robust, underpinned by strong shareholder relationships and the legal protections embedded in its Establishment Agreement, signed and ratified by its member states.

Distributed by APO Group on behalf of Afreximbank.

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

Follow us on: 
X: https://apo-opa.co/4qN3Uwc
Facebook: https://apo-opa.co/45q7TGy
LinkedIn: https://apo-opa.co/3ZoZ2Bw
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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 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), and Japan Credit Rating Agency (JCR) (A-). 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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Chief Executive Officer – Infrastructure Origination and Collaboration Platform | Africa

Source: APO

African Collaborations Group (ACG)

Remote (Africa / Europe base) | Significant travel
Start: Q1 2026

Download document: https://apo-opa.co/4bN4ntK

African Collaborations Group (ACG) (https://ACGAfrica.com) is appointing a Chief Executive Officer to lead a newly mandated infrastructure origination and collaboration platform in Africa.

ACG holds an Exclusive Mandate from a major African country to originate, structure, and take to bankability a flagship sport and entertainment district. This initiative will move from concept through feasibility, structuring, and financial close, laying the foundation for a scalable continental platform.

This is a platform-building CEO role, not an advisory or delivery position.

The opportunity

You will lead the origination of the first landmark project while building the systems, partnerships, and commercial models to scale future developments across Africa.

You will:

  • Establish ACG as a leading infrastructure origination and collaboration platform in Africa
  • Lead a flagship infrastructure origination project from concept to bankability and financial close
  • Structure complex transactions in partnership with governments, Development Finance Institutions (DFIs), and private capital
  • Shape commercial strategy, SPV structuring, and investor engagement
  • Build and lead a lean, high-impact core team and global consortium

You bring:

  • Senior leadership experience across early-stage infrastructure development, PPPs, sovereign or development finance environments
  • A strong track record in originating and structuring complex projects in Africa or comparable emerging markets
  • Commercial judgment, political fluency, and comfort operating in a high-autonomy, high-accountability setting
  • Demonstrable and proven experience in building out platforms from concept to implementation
  • An entrepreneurial mindset with an appetite for value creation and long-term upside
  • Experience in the sport and entertainment industry is advantageous but not essential

We offer:

  • High upside participation model aligned with project success
  • A focused fixed remuneration component
  • Direct access to governments, Development Finance Institutions (DFIs), and global capital networks
  • The opportunity to build and lead a platform with long-term continental impact

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Seychelles reaffirms commitment to Secretary of the South African Development Community (SADC) regional integration

Source: APO


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The Minister for Foreign Affairs and the Diaspora, Mr. Barry Faure, received the Executive Secretary of the South African Development Community (SADC), H.E. Mr. Elias Magosi at Maison Quéau de Quinssy on Thursday, 22 January 2026.

During their meeting, Mr. Magosi explained that it was customary for the Executive Secretary to pay a courtesy call on the President and Foreign Minister of a SADC Member State with each change of administration to outline the programme and strategic priorities of SADC.

Minister Faure expressed his appreciation to Mr. Magosi and the SADC Secretariat for deploying an electoral observation mission during the National Assembly and Presidential elections held from end-September to mid-October 2025.

Discussions further focused on regional economic integration. Mr. Magosi underscored the importance of strengthening intra-SADC trade, noting that increased imports and exports among Member States would yield long-term economic benefits. He also highlighted the need for effective implementation of the Regional Indicative Strategic Development Plan (RISDP), enhanced consultation with the private sector and sustained investment in infrastructure development as key drivers of regional growth.

Minister Faure stressed the importance of greater ownership and burden-sharing among regional states in addressing maritime crimes. He underscored that the accelerated development of the SADC Maritime Corridor Strategy is critical for Seychelles and the region, as it directly supports regional economic integration.

Minister Faure also emphasised on the importance of the Multidimensional Vulnerability Index (MVI), noting that its effective integration into the frameworks of international development organisations and international financial institutions remains essential. In this context, he called for SADC’s support in advocating for the MVI at the regional level.

Both parties reiterated their appreciation for the strong cooperation between Seychelles and the SADC Secretariat and reaffirmed their commitment to further strengthening this partnership in support of regional integration and shared prosperity within the SADC region.

Distributed by APO Group on behalf of Ministry of Foreign Affairs and the Diaspora, Republic of Seychelles.

Computer laboratory links children to digital world

Source: Government of South Africa

Computer laboratory links children to digital world

Home Affairs Deputy Minister Njabulo Nzuza on Thursday handed over a fully equipped computer laboratory to learners at the Umdlamfe Secondary School in Esikhawini, Richards Bay.

The hand over of the high-tech computer lab forms part of government’s Back-To-School Programme.

HONOR South Africa, which delivered the laptops, partnered with the Department of Home Affairs to establish the laboratory in support of digital literacy and skills development at the school. 

The laboratory will ensure that learners are trained to become active participants in the artificial intelligence sphere while bridging the digital divide, particularly in previously disadvantaged communities.

The Deputy Minister hailed the unveiling of the laboratory, saying access to digital learning was a pivotal cog in the development of learners in the 21st century and will go a long way in ensuring a digitally equipped South Africa. 

Government, he explained, recognised the development of digital skills as a key element in the advancement of South Africa’s digital economy. 

This was underscored by the establishment of the Presidential Commission on the 4IR (PC4IR) by President Cyril Ramaphosa in 2019 with a mandate to provide leadership for society to understand, navigate and assume agency over what will be the fundamentally altered future.

“The world has gravitated towards the 4th Industrial Revolution and this demands of us to be technologically savvy to be able to meet the challenges of this new and exciting phenomenon.

“The establishment of this computer laboratory demonstrates a commitment on our part to prioritise digital learning to put South Africa in a better position to seize opportunities and manage the challenges of rapid advances in the technological realm.

“We are excited that this facility will play an integral part in the learners’ academic improvement while preparing them to fully embrace the digital world through access to digital resources. This will, in future, enable them to navigate the digital economy, apply for jobs online, and explore various work opportunities,” he said.

CEO of HONOR South Africa, Fred Zhou, said the partnership with the Department of Home Affairs represented a cornerstone of digital literacy and infrastructure missions.

“We are proud to partner with the Deputy Minister of Home Affairs, Mr Njabulo Nzuza, and the government of South Africa to invest in young minds and future skills. We hope the learners will use this opportunity to learn, explore and dream big,” he said. – SAnews.gov.za

Edwin

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