Market Watch

Cairo, Egypt 14 April 2025: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the year ended 31 December 2024. Financial Highlights Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting a net income of US$973.5 million for FY 2024, a 29% increase from the previous year – with subsidiaries…

Ethiopia  – The 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 arrives in Addis Ababa, hosted by The International Center for Strategic Alliances. Under the theme “Bolstering the Economy with Digitization and Financial Inclusion”. Esteemed global executives, experts, and leaders will gather to propel the banking industry forward into an era defined by innovation and excellence. This collaborative summit, in conjunction with the prestigious Connected Banking Innovation & Excellence Awards, will unite…

LONDON (Capital Markets in Africa) – The FTSE 100 has set off on a climb higher, nudging ahead again on a record-breaking run. The fresh pulse of positivity comes as ceasefire negotiations in the Middle East continue and a more optimistic sentiment washes over the London market. Even the surprise resignation of HSBC boss Noel Quinn, didn’t stop the banking giant from posting share price gains this morning. Sharp gains may be held back, with…