Trade finance - The Habari Network

Afreximbank backs $1.75B Sonangol deal, underscoring Africa’s industrial and value-add financing potential.

Afreximbank’s $1.75B Sonangol Deal Proves Africa Can Finance Itself. So Why Isn’t It?

By Ziad Hamoui The African Export-Import Bank (Afreximbank) recently closed a US$1.75 billion receivables purchase facility for Angola’s Sonangol HR, serving as mandated lead arranger and...

Afreximbank terminates Fitch Ratings relationship over methodology misalignment with African development finance mandate

Opinion4 months ago

Mission Over Methodology: Why Afreximbank Just Walked Away From Fitch

By Ziad Hamoui The African Export-Import Bank’s recent decision to sever ties with Fitch Ratings signals more than a routine disagreement over financial assessment. It exposes...

Digital payment infrastructure connecting African banks across borders for instant settlement

Opinion5 months ago

Digital Highways: Can Africa’s New Payment Rails Unlock a Trillion-Dollar Trade Zone?

By Jastine Martine The African Continental Free Trade Area (AfCFTA) promises to unite 1.4 billion people across 54 countries into a US$3.4 trillion market. On paper,...

African trade infrastructure challenges under AfCFTA, showing border delays, logistics bottlenecks, and non-tariff barriers limiting intra-African trade and regional value chains

Opinion5 months ago

AfCFTA’s Hidden Crisis: Why Africa’s Problem Isn’t Tariffs – It’s Time

By Kelly Mua Kingsly Africa proclaims the African Continental Free Trade Area (AfCFTA) as the world’s largest free-trade zone, spanning 1.4 billion people across 54 countries...

Direct digital payments between India and Africa: Eliminating intermediaries with UPI-PAPSS integration

Opinion1 year ago

A Missing Link in India-Africa Trade: The Power of Direct Digital Payments

By Dishant Shah When it comes to boosting trade between India and Africa, the conversation often revolves around tariffs, logistics, and infrastructure. These are undeniably important...

Business12 years ago

African Banks to Fill in Trade Finance Space

African banks are set to maximize on trade finance space left by European lenders due to tough capital requirements. However, bureaucracy and inadequate research are two...