Afreximbank names Olowononi Southern Africa chief
Olowononi replaces Humphrey Nwugo, who has moved to a similar role in East Africa.
By Business Reporter
Jun. 5, 2026
Africa Finance Corporation raises record US$2 billion syndicated loan
AFC said the facility will strengthen its capacity to scale investments in infrastructure and industrial ecosystems across Africa, supporting trade, growth and job creation.
By Business Reporter
Jun. 4, 2026
Trade deficit widens as exports slump
The statistical agency said manufacturing represented the largest portion of imports in both periods, with an increase from 89% in March 2026 to 91% in April 2026.
By Sharon Zebra and Lesley Kufandada
Jun. 3, 2026
Afreximbank profit jumps 25% amid global uncertainty
“The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate.”
By Mthandazo Nyoni
May. 22, 2026
Afreximbank injects US$15m into Ecobank Zimbabwe to drive SME export growth
Zimbabwe’s SMEs account for more than 60% of gross domestic product and over 70% of national employment
By Mthandazo Nyoni
May. 18, 2026
Cafca unveils 1,2MW solar plant to cut costs by 30%
Speaking at solar plant’s unveiling, Cafca operations executive Godfrey Mavera said the investment aimed at lowering production costs and benefiting customers.
By Concilia Mupezeni
May. 8, 2026
Namibia fuel hub targets Zim, regional markets
The project forms part of a US$3 billion financing facility designed to strengthen intra-African trade in refined petroleum products and lower fuel costs across Southern Africa.
By Business Reporter
Apr. 28, 2026
Confidence in Afreximbank deepens with US$2bn capital raise
Beyond crisis response, Denya said the bank remained focused on long-term industrialisation and reducing Africa’s reliance on imports.
By Mthandazo Nyoni
Apr. 27, 2026
Local firms targeted in new intra-African trade push
Despite AfCFTA’s significant potential to drive economic development, a limited understanding of its technical provisions and practical applications continues to slow full adoption by businesses.
By Business Reporter
Apr. 23, 2026
Zimbabwe’s lithium gamble: Leverage, risk and a reordering of the Chinese supply chain
Business Digest
Jun. 8, 2026
Zim chefs caught up in industrial-scale looting of lithium...Africa’s richest enclave buffeted by scourge blessed by stewards
Local News
Jun. 5, 2026
