Afreximbank Launches Africa Trade Report
Analysis based on 10 articles · First reported Jun 24, 2026 · Last updated Jun 25, 2026
The report by Afreximbank highlights Africa's economic resilience and potential for growth, which could attract foreign investment and boost trade. The emphasis on strengthening regional value chains and digital payment systems like PAPSS suggests a positive outlook for intra-African trade and financial integration, potentially benefiting companies operating within the continent and reducing reliance on foreign currencies.
The African Export–Import Bank (Afreximbank) launched its 2026 African Trade Report, titled 'Leveraging Geopolitics for Trade and Industrialisation in Global Africa.' The report reviews trade and economic developments across Africa, highlighting the continent's growth resilience despite global geopolitical tensions and supply chain disruptions. It outlines strategic options for Africa to transform these challenges into opportunities for long-term growth and prosperity. Key findings include Africa's real GDP growth strengthening to 4.5 percent in 2025, surpassing the global average, and merchandise trade expanding by 6.1 percent to $1.5 trillion. Dr. Yemi Kale emphasized the need for Africa to strengthen regional value chains, deepen industrial capacity, expand trade finance, and accelerate continental integration. The report also addresses challenges like a $74 billion trade finance gap and disruptions to global logistics, advocating for the accelerated implementation of the African Continental Free Trade Area (AfCFTA) and the expansion of the Pan-African Payment and Settlement System (PAPSS). Afreximbank disbursed $17.5 billion in 2024 and aims to double intra-African trade finance by 2026.
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