Cairo, Egypt// — African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a US$500 million Global Credit facility agreement to support trade, movement and distribution of commodities and products across African and global markets.
Category: Investing
ECOWAS Set to Award West Africa’s 60 Most Promising Start-Ups This Week in Abuja
Abuja, Nigeria// — The Economic Community of West African States (ECOWAS) is set to bring together 60 of West Africa’s most promising startups for the 2nd ECOWAS Startup Awards, taking place from 21–30 September 2026 at the new ECOWAS Headquarters in Abuja.
Afreximbank Extends $10-million Facility to Azania Bank to Support SMEs in Tanzania
DAR ES SALAAM, Tanzania// — African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has extended a US$10-million finance facility to Azania Bank of Tanzania (Azania Bank) to improve access to finance for Small and Medium-sized Enterprises (SMEs) across Tanzania’s export value chains and to strengthen their participation in regional and international trade
World Bank Group Mobilises Record Private Capital for Developing Countries, Driving Job Creation
Washington, US// —The World Bank Group mobilised more private capital in fiscal year 2026 than in any year in its history and issued a record volume of guarantees, delivering on a goal shareholders and clients have pressed for years: putting more private capital to work alongside its own financing and expertise in developing economies.
$1.3bn Airport Garden City Project Begins As Mahama Calls For Strong Local Content
Ghana’s President John Dramani Mahama has cut the sod for work to begin on the US$1.3 billion Sentuo Airport Garden City project in Accra.
After USAID pullback, HealthCap Africa Convened Pension Funds with Over $5bn in AUM to Finance Healthcare
Lagos, Nigeria//- As international donor funding from USAID and other foreign assistance programs for healthcare continues to shrink, leading financial stakeholders convened by HealthCap Africa at its Private Markets & Healthcare Roundtable called for a stronger domestic capital ecosystem to help finance Africa’s critical healthcare needs.
Terrahex Secures Initial ASIC Fleet as First Batch Readies for Nigeria Launch
New York, United States//- Terrahex, a company building modular high-performance computing infrastructure in frontier energy markets, has received its second shipment of ASICs at its US processing hub, with the first batch ready to ship to Nigeria ahead of its December 2026 go-live target.
MTN Ghana Equips Over 1,400 SMEs With Digital Skills to Drive Business Growth and Profitability
Accra, Ghana//-MTN Ghana has equipped more than 1,400 Small and Medium Enterprises (SMEs) across the 16 regions of Ghana with digital skills and digital tools to drive the growth and profitability of their businesses.
Kenya, World Bank Advance $335 Million Health Investments
Nairobi, Kenya/ — Cabinet Secretary for Health, Aden Duale, held strategic discussions with Mr Ronald Mutasa and a World Bank delegation on accelerating Kenya’s health sector reforms through two flagship investments valued at USD 335 million.
How Africa Can Accelerate intra-African Trade Momentum
Cairo, Egypt//-Boosting trade flows amongst African countries remains a key economic priority. There is significant opportunity to accelerate the growing intra-African trade in order to unlock investment and catalyse industrialisation, especially processing and adding value to our natural resources.









