6 results for “afc”
Nigeria and other African countries renewed calls for local raw-material processing at the Second African Raw Materials Summit, as a bill requiring 30 per cent value addition returned to President Tinubu for assent.
The Africa Finance Corporation has appointed CBN Governor Olayemi Cardoso as Chairman of its Board of Directors, linking Nigeria's monetary leadership to a pan-African infrastructure financing platform.
Africa's credit outlook has improved as the African Credit Rating Agency (AfCRA) moves to reshape sovereign and corporate risk assessments, challenging international methodologies that have long frustrated African borrowers.
Afreximbank, Cross River State, the Nigeria Governors' Forum and Nigerian state investment agencies will convene the sixth AfSNET investment conference in Calabar from November 12 to 14, with the network having facilitated over $3.2 billion since 2021.
The National Bank of Ethiopia and PAPSS announced Ethiopia's entry into the continental payments network, enabling local banks to settle cross-border transactions in African currencies without routing through dollar or euro corridors.
Cardoso succeeds Ireti Samuel-Ogbu at the helm of the Africa Finance Corporation, adding a continental infrastructure-finance role to his central bank duties.