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Tuesday, 27 October 2026
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Tuesday, 27 October 2026
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Kenyan press · Organization

African Export-Import Bank

Also known as: Afreximbank

Pan-African development finance institution that raises capital in bond markets, provides trade finance, and has launched initiatives including a $10 billion crisis response programme.

2026-04-282026-10-27

News reports

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In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Citizen Digital

    … He added that EABC, as the onboarding agent for the Afreximbank Africa Trade Gateway, will help businesses access business-to-business matchmaking, market intelligence and trade finance solutions to expand trade across Africa. …

    East Africa businesses urged to build regional value chains to unlock AfCFTA market
  3. The Standard

    Audio By Vocalize African Export-Import Bank has raised $1.5 billion in its largest-ever bond issuance, marking a triumphant return to the US dollar public market after a five-year absence and signaling strong investor appetite for African credit despite elevated global bond yiel …

    Afreximbank returns to US dollar bond market with $1.5 billion
  4. June 2026
  5. The Standard

    Audio By VocalizeHaytham Elmaayergi, Executive Vice President, Global Trade Bank at Afreximbank. [Courtesy] The African Export-Import Bank (Afreximbank) has secured a long-sought investment grade rating from S&P Global Ratings, a move that will lower its borrowing costs and expan …

    Afreximbank secures investment grade rating, boosting lending firepower
  6. May 2026
  7. Citizen Digital

    … I’m thinking of Afreximbank, IFC, AfDB. All these institutions now have strong creative economy tracks. …

    Spotify Africa boss Jocelyne Muhutu-Remy speaks on royalties, streaming and the continent's music revolution
  8. The Standard

    … Institutions such as the African Export-Import Bank, the Trade and Development Bank, and the ECOWAS Bank for Investment and Development are playing a growing role in financing projects aligned with regional priorities. …

    India-Africa ties must move towards investment-driven growth, capacity building
  9. The Standard

    Audio By Vocalize The African Export-Import Bank (Afreximbank) and Egypt unveiled on Wednesday a $10 billion crisis response programme and plans for a pan-African Gold Bank, as the continent seeks to shield all countries, including Kenya, from global supply chain shocks and build …

    Afreximbank bets on $10bn crisis fund, gold bank to bolster African sovereignty
  10. Capital News

    … In partnership with institutions such as Afreximbank and KCB Group, the initiative also aims to establish an USD 800 million financing facility for future investors. …

    OPINION: How the UAE-Kenya Trade Corridor Is Redefining East Africa’s Economic Future
  11. The Standard

    … Oil-importing African economies should tap into facilities such as Afreximbank’s Gulf Crisis Adjustment Trade Financing Programme (GCATFP), a facility designed to cushion African economies against external shocks by providing trade finance, foreign currency liquidity, and support …

    A Distant War, A Direct Impact: How the USIsraelIran Conflict is Reshaping Kenya's Economy
  12. Capital News

    … African financial institutions, including Afreximbank and South Africa’s Standard Bank, are now connected to the network, enabling more direct transactions without relying heavily on intermediary systems. …

    OPINION: Pragmatism Driving Africa’s Quiet Yuan Shift
  13. The Standard

    … Institutions such as the African Export-Import Bank have also highlighted the scale of this challenge, noting that a large proportion of intra-African payments still depend on external clearing systems. …

    Why local exporters are losing money amid regional expansion
Politics

Ruto urges African states to invest more in continental financial institutions

The News

At the COMESA summit in Zimbabwe, President William Ruto called on African governments to place more reserves with African financial institutions, channel development projects through them, and back their bonds, arguing that Africa holds over $4 trillion in domestic assets yet much sits in foreign accounts. He also handed over the COMESA chairmanship to Mnangagwa.

23 October 2026 · Capital News →

Friday 23 October

  1. Ruto urges African states to invest more in continental financial institutions

    At the COMESA summit in Zimbabwe, President William Ruto called on African governments to place more reserves with African financial institutions, channel development projects through them, and back their bonds, arguing that Africa holds over $4 trillion in domestic assets yet much sits in foreign accounts. He also handed over the COMESA chairmanship to Mnangagwa.

    23 October 2026 · Capital News →

Thursday 22 October

  1. Ruto urges African leaders to match development promises with budgets

    President William Ruto warned African governments against making development commitments they cannot afford, saying nations must secure resources before promising programmes and should leverage Africa's $4 trillion in domestic financial assets rather than relying on expensive borrowing.

    22 October 2026 · Capital News →

Thursday 15 October

  1. Kenya's Sh5.2 billion Kisumu pharmaceutical factory seeks investment

    Med Aditus Pharmaceuticals plans a Sh5.2 billion medicine factory in Kisumu County to produce tablets and capsules for non-communicable diseases, reducing Kenya's dependence on imported medicines. The project is among flagship initiatives seeking funding at an African investment conference in Nigeria.

    15 October 2026 · The Standard →

Wednesday 7 October

  1. Afreximbank: Dangote Lamu refinery to conserve Kenya's foreign reserves

    African Export-Import Bank says the 700,000 barrel-per-day Dangote East Africa Petroleum Refinery & Petrochemicals SEZ planned for Lamu will help conserve Kenya's foreign exchange reserves, strengthen regional energy security, and reduce dependence on distant supply chains.

    7 October 2026 · The Standard →

Saturday 3 October

  1. Afreximbank chief urges overhaul of global financial rules

    The head of Africa's main trade finance bank called for reform of the global financial architecture, saying the rules used to judge African institutions were designed for a different era and treat the continent as incapable. His call aligns with broader African leadership push for reform of the global credit system, including President William Ruto's assertion that subjectivity in sovereign credit ratings has cost African countries some $75 billion.

    3 October 2026 · The Standard →

Friday 2 October

  1. Ruto refuses evictions, warns absentee landowners over property claims

    President William Ruto has told absentee landowners at the Coast that the government will compensate them for properties occupied by squatters but will not evict residents who have lived on the land for years, saying landowners cannot use their claims to threaten the government. Ruto warned that those refusing the government's compensation plan would face action, and said no Kenyan would be evicted from land they have occupied and called home.

    2 October 2026 · The Standard →

Sunday 27 September

  1. African businesses lose billions yearly in currency conversion costs

    AfCFTA Secretary-General Wamkele Mene said African businesses could save billions of shillings in transaction costs if countries removed barriers to cross-border payments, customs and infrastructure. He estimated currency conversion costs associated with African trade amount to about Sh647.3 billion (US$5 billion) a year, and cited the Pan-African Payment and Settlement System (PAPSS) as one way to reduce reliance on third currencies like the US dollar.

    27 September 2026 · The Standard →

Tuesday 22 September

  1. DRC joins Pan-African payment system, advancing continental integration

    The Central Bank of Congo has formally joined the African Payments and Settlement System (PAPS), bringing the total connected countries to 31 with 16 payment switches and over 200 commercial banks or financial institutions. The move was announced at the 48th Annual Meeting of the Association of African Central Banks in Nairobi, where PAPS is targeted to reach 39 countries by the end of 2026.

    22 September 2026 · The Standard →

Saturday 29 August

  1. Kenya urges African nations to unite on debt negotiations

    At a conference in Nairobi, Kenya's Foreign Affairs Principal Secretary called for African nations to negotiate as a single bloc to reduce the $75 billion annual "trust tax" (inflated interest) the continent pays. Africa spends $90 billion yearly on debt service, more than aid and climate finance combined, with 22 countries in debt distress.

    29 August 2026 · The Standard →

Thursday 20 August

  1. AAR Hospital performs Kenya's first Rezum prostate procedure

    AAR Hospital has performed Kenya's first Rezum water vapour therapy procedure for enlarged prostate, a minimally invasive treatment using steam to destroy excess prostate tissue without surgical cuts, offering an alternative to conventional surgery and allowing patients to return home the same day.

    20 August 2026 · The Standard →

Thursday 30 July

  1. East Africa urged to build regional value chains for AfCFTA

    The East African Business Council launched a two-day business clinic supported by the African Development Bank to prepare more than 50 enterprises in textile, leather and edible oil sectors to access AfCFTA's 1.3 billion consumer market through strengthened value chains and value addition.

    30 July 2026 · Citizen Digital →

Tuesday 28 July

  1. Afreximbank raises $1.5 billion in largest bond issuance

    The African Export-Import Bank raised $1.5 billion in a dual-tranche US dollar bond offering, its first public issuance in that currency since July 2021, with demand reaching $3.8 billion despite elevated global bond yields.

    28 July 2026 · The Standard →

Tuesday 16 June

  1. Afreximbank wins investment grade rating, cuts borrowing costs

    S&P Global Ratings assigned Afreximbank a 'BBB+' rating with Stable Outlook, allowing the pan-African lender to raise capital more cheaply in bond markets, attract conservative funds, and expand lending to African and Caribbean economies. The upgrade unlocks cheaper funding as the bank scales a $10 billion Gulf Crisis Response Programme to shield nations whose trade was disrupted by recent conflicts.

    16 June 2026 · The Standard →

Monday 18 May

  1. Spotify Africa chief discusses streaming growth and artist royalties

    Spotify Sub-Saharan Africa Managing Director Jocelyne Muhutu-Remy spoke at the platform's Johannesburg event about royalties and the continent's music sector. The company revealed that South African artists generated more than Ksh.3.9 billion in royalties on Spotify in 2025.

    18 May 2026 · Citizen Digital →

Sunday 17 May

  1. India-Africa partnership needs investment, capacity building focus

    India–Africa development cooperation, rooted in shared colonial history and developmental goals, has succeeded through human resource development and capacity building via programmes like the Indian Technical and Economic Cooperation initiative. After a decade-long hiatus since the last India–Africa Forum Summit in 2015, the partnership requires recalibration to align with Africa's current priorities and changing global context.

    17 May 2026 · The Standard →

Friday 15 May

  1. Afreximbank launches $10bn crisis fund and gold bank plan

    The African Export-Import Bank and Egypt unveiled a $10 billion crisis response programme and plans for a pan-African Gold Bank to help African countries manage global supply chain shocks and build economic self-reliance. The initiatives aim to deepen intra-African trade and reduce dependence on external financial systems.

    15 May 2026 · The Standard →

Tuesday 12 May

  1. UAE-Kenya partnership reshapes East African trade and economic integration

    An opinion piece argues that the UAE-Kenya economic partnership, rooted in logistics, industrial development, and infrastructure investment rather than traditional aid, represents a strategic shift in how African economies engage with global powers and positions both countries as key players in an expanding Afro-Asian trade corridor.

    12 May 2026 · Capital News →

Monday 11 May

  1. Middle East conflict driving fuel shortages in Kenya's economy

    The US–Israel–Iran conflict is straining the Strait of Hormuz, a critical global energy corridor, triggering volatility in energy prices and fuel supply disruptions in Kenya. Petroleum products account for roughly 20–25% of Kenya's total import bill, making the economy structurally exposed to geopolitical shocks in global oil markets.

    11 May 2026 · The Standard →

Friday 8 May

  1. Africa's growing RMB use driven by financial pragmatism

    An opinion piece argues that African countries' adoption of China's renminbi is rooted in cost management and efficiency rather than geopolitics. Kenya's conversion of three dollar-denominated Chinese loans into RMB in October 2025 was intended to reduce interest costs, and similar moves in Zambia reflect commercial realities of the mining sector.

    8 May 2026 · Capital News →

Sunday 3 May

  1. Kenyan exporters lose value through costly payment processes

    An opinion piece argues that while Kenyan firms are expanding into regional markets, many lose profitability due to slow, fragmented payment systems rather than inability to sell. Exporters can lose between five and 10 per cent of transaction value through foreign exchange spreads, intermediary fees, and settlement delays, with the impact particularly severe for small and medium enterprises.

    3 May 2026 · The Standard →

Tuesday 28 April

  1. Afreximbank provides emergency funding as IMF, World Bank delays Kenya

    The African Export-Import Bank (Afreximbank) has stepped in to provide emergency funding to Kenya and other regional economies, according to the bank's vice president.

    28 April 2026 · The Standard →

African Export-Import Bank — Kenyan press coverage · Kenya Minute