Afreximbank Trade Intelligence Solutions

🌍 𝐁𝐞𝐜𝐨𝐦𝐞 𝐀𝐟𝐂𝐅𝐓𝐀‐𝐑𝐞𝐚𝐝𝐲 𝐢𝐧 𝟐𝟎𝟐𝟔 Registrations are now open for the 3rd edition of the AfCFTA Training Programme: “𝐀𝐟𝐂𝐅𝐓𝐀: 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬.” This flagship programme equips trade practitioners, financial institutions, and private‑sector leaders with a comprehensive and practical understanding of the AfCFTA Agreement, its implementation, and its implications for African Corporates. 🔹 Delivered by experts from Afreximbank, the AfCFTA Secretariat, and the American University in Cairo 🔹 Practical, interactive, and impact‑driven 🔹 Designed for professionals shaping Africa’s trade future 🎯 Early Bird registration available – limited time only! 👉 Register here: afracad.com/afcfta Learn more about the training: afreximbank.com/afreximbank-an…

🌍 𝐁𝐞𝐜𝐨𝐦𝐞 𝐀𝐟𝐂𝐅𝐓𝐀‐𝐑𝐞𝐚𝐝𝐲 𝐢𝐧 𝟐𝟎𝟐𝟔 Registrations are now open for the 3rd edition of the AfCFTA Training Programme: “𝐀𝐟𝐂𝐅𝐓𝐀: 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬.” This flagship programme equips trade practitioners, financial institutions, and private‑sector leaders with a comprehensive and practical understanding of the AfCFTA Agreement, its implementation, and its implications for African Corporates.  🔹 Delivered by experts from @afreximbank @AfCFTA, and @AUC_Business 🔹 Practical, interactive, and impact‑driven  🔹 Designed for professionals shaping Africa’s trade future 🎯 Early Bird registration available – limited time only! 👉 Register here: afracad.com/afcfta Learn more about the training: afreximbank.com/afreximbank-an… #AfCFTA #AfricanTrade #TradeCapacityBuilding #EconomicIntegration

🌍 𝐁𝐞𝐜𝐨𝐦𝐞 𝐀𝐟𝐂𝐅𝐓𝐀‐𝐑𝐞𝐚𝐝𝐲 𝐢𝐧 𝟐𝟎𝟐𝟔 Registrations are now open for the 3rd edition of the AfCFTA Training Programme: “𝐀𝐟𝐂𝐅𝐓𝐀: 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬.” This flagship programme equips trade practitioners, financial institutions, and private‑sector leaders with a comprehensive and practical understanding of the AfCFTA Agreement, its implementation, and its implications for African Corporates. 🔹 Delivered by experts from Afreximbank, the AfCFTA Secretariat, and the American University in Cairo 🔹 Practical, interactive, and impact‑driven 🔹 Designed for professionals shaping Africa’s trade future 🎯 Early Bird registration available – limited time only! 👉 Register here: afracad.com/afcfta Learn more about the training: afreximbank.com/afreximbank-an…

👉 Save the Date & Register: 𝐀𝐟𝐂𝐅𝐓𝐀 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭 𝐖𝐞𝐛𝐢𝐧𝐚𝐫– 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲 𝟐𝟗 𝐀𝐩𝐫𝐢𝐥, 𝟐𝟎𝟐𝟔 This interactive session, jointly hosted by the @afreximbank Academy (AFRACAD), the African Continental Free Trade Area (@AfCFTA), and the Onsi Sawiris School of Business (@AUC_Business), will: ➜ offer an overview of the 𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 ➜ provide a walkthrough of the 𝐦𝐨𝐝𝐮𝐥𝐞𝐬 𝐭𝐨 𝐛𝐞 𝐜𝐨𝐯𝐞𝐫𝐞𝐝, and ➜ 𝐚𝐝𝐝𝐫𝐞𝐬𝐬 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐬 related to the training content and logistical arrangements 💡 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐬𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐬𝐥𝐨𝐭 𝐮𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰! afreximbank.zoom.us/webinar/regist… #AfCFTA #AfricanTrade #TradeCapacityBuilding #EconomicIntegration

👉 Save the Date & Register: 𝐀𝐟𝐂𝐅𝐓𝐀 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭 𝐖𝐞𝐛𝐢𝐧𝐚𝐫– 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲 𝟐𝟗 𝐀𝐩𝐫𝐢𝐥, 𝟐𝟎𝟐𝟔 This interactive session, jointly hosted by the @afreximbank Academy (AFRACAD), the African Continental Free Trade Area Secretariat (@AfCFTA), and the Onsi Sawiris School of Business at The American University in Cairo (@AUC_Business), will: ➜ offer an overview of the 𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 ➜ provide a walkthrough of the 𝐦𝐨𝐝𝐮𝐥𝐞𝐬 𝐭𝐨 𝐛𝐞 𝐜𝐨𝐯𝐞𝐫𝐞𝐝, and ➜ 𝐚𝐝𝐝𝐫𝐞𝐬𝐬 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐬 related to the training content and logistical arrangements 💡 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐬𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐬𝐥𝐨𝐭 𝐮𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰! afreximbank.zoom.us/webinar/regist… #AfCFTA #AfricanTrade #TradeCapacityBuilding #EconomicIntegration

The Third edition of the 𝐀𝐟𝐂𝐅𝐓𝐀 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠: 𝐈𝐭𝐬 𝐆𝐞𝐧𝐞𝐬𝐢𝐬, 𝐃𝐢𝐦𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 will take place from 𝟏𝟔𝐭𝐡 𝐭𝐨 𝟏𝟖𝐭𝐡 𝐉𝐮𝐧𝐞 𝟐𝟎𝟐𝟔 𝐢𝐧 𝐂𝐚𝐢𝐫𝐨, 𝐄𝐠𝐲𝐩𝐭. Register before 𝟑𝟎𝐭𝐡 𝐀𝐩𝐫𝐢𝐥 𝟐𝟎𝟐𝟔 and take advantage the 𝟐𝟎% 𝐞𝐚𝐫𝐥𝐲 𝐛𝐢𝐫𝐝 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭! @afreximbank @AfreximResearch #TRADARClub afreximbank.com/afreximbank-an…

Introducing a new platform for Africa’s next generation of thinkers. Afreximbank launches the Afreximbank–Edordu Research Competition, an initiative to advance African-led research, strengthen policy thinking, and nurture the next generation of Global African intellectual leaders. Honouring and extending the intellectual legacy of Mr. Christopher Edordu, the founding President of Afreximbank, the competition invites postgraduate students across Africa and CARICOM to submit original research on trade, finance, industrialisation, digital trade, and Africa–diaspora linkages shaping the continent’s future. Submission portal opens 30th April 2026. deadline: 30 September 2026 Top prizes: • USD 20,000 • USD 15,000 • USD 10,000 Learn more and apply: bit.ly/afreximbank-ed… #Afreximbank #CANEX #Research #GlobalAfrica #AfCFTA

Afreximbank Underwrites US$2.5 Billion for @DangoteGroup Refinery Afreximbank is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). The transaction marks a major milestone for Dangote Industries Petroleum & Petrochemicals Refinery, Africa’s largest refinery and petrochemical complex with a capacity of 650,000 barrels per day. Afreximbank’s US$2.5 billion participation is the largest share in the syndicate and underscores the Bank’s leadership in mobilising capital to support Africa’s industrialisation, promote intra-African trade, and strengthen energy security. Read more: [EN] afreximbank.com/afreximbank-un… [FR] afreximbank.com/fr/afreximbank… #Afreximbank #AfricanIndustrialisation #EnergySecurity #IntraAfricanTrade #DangoteRefinery

📜 The business environment continues to improve as the government advances reforms to streamline administration and bring more commercial transactions into the formal economy. In September 2025, Tanzania reduced VAT on electronic payment services from 18% to 16% for business-to-consumer transactions conducted through bank or @RevenueTra approved systems, supporting wider adoption of non-cash payments and improving transaction traceability and compliance. 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐫𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐚𝐧𝐝 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐩𝐨𝐫𝐭 𝐜𝐨𝐬𝐭𝐬 𝐚𝐫𝐞 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚’𝐬 𝐫𝐨𝐥𝐞 𝐚𝐬 𝐚 𝐫𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐭𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐡𝐮𝐛. In November 2025, China, Zambia and Tanzania signed a USD1.4 billion agreement to modernise the Tanzania–Zambia Railway Authority (TAZARA) railway, upgrading the 1,860km-long line through track renewal, station rehabilitation and major bridge and tunnel works. The project is expected to lift freight capacity from 100,000 tonnes to 2.4 million tonnes per year, reinforcing TAZARA’s role as a key regional trade corridor. 🚢 Elevated gold prices, strong horticultural exports and continued government support for #import substitution are helping to bolster exports. Gold accounted for over 39% of Tanzania’s #exports of goods in 2024. 𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚 𝐢𝐬 𝐧𝐨𝐰 𝐬𝐞𝐥𝐟-𝐬𝐮𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐢𝐧 𝐤𝐞𝐲 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧𝐩𝐮𝐭𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐜𝐞𝐦𝐞𝐧𝐭, 𝐭𝐢𝐥𝐞𝐬, 𝐢𝐫𝐨𝐧 𝐬𝐡𝐞𝐞𝐭𝐬 𝐚𝐧𝐝 𝐬𝐭𝐞𝐞𝐥. That said, demand for higher-value capital inputs (aside from raw materials) will remain elevated as a result of the strong infrastructure development. Machinery and complex manufactured products were Tanzania’s largest import category by value in 2024, totalling USD5.6 billion. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Tanzania, please download your copy of the 𝐐𝟏-𝟐𝟔 𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

📜 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐓𝐢𝐧𝐮𝐛𝐮’𝐬 𝐚𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐚𝐝𝐯𝐚𝐧𝐜𝐢𝐧𝐠 𝐫𝐞𝐟𝐨𝐫𝐦𝐬 𝐭𝐨 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐥𝐨𝐧𝐠𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐦𝐚𝐜𝐫𝐨𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐝𝐢𝐬𝐭𝐨𝐫𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐢𝐦𝐩𝐫𝐨𝐯𝐞 𝐭𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭. In parallel, updates to banking and fintech regulation are strengthening the financial system’s integrity and resilience. In October 2025, the @cenbank announced an overhaul of agent banking regulations, clarifying operating standards and strengthening oversight. These changes support the continued expansion of digital payments, improve transparency and reinforce confidence in Nigeria’s formal financial services ecosystem. 🚧 Nigeria’s strategic location continues to underpin its role as a key trade gateway to West Africa, supported by sustained #investment in transport and logistics infrastructure. 𝐌𝐨𝐬𝐭 𝐫𝐞𝐜𝐞𝐧𝐭𝐥𝐲, 𝐢𝐧 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟓, 𝐭𝐡𝐞 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 (𝐅𝐄𝐂) 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐝 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐍𝐆𝐍𝟒𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐞𝐜𝐨𝐧𝐝 𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐋𝐚𝐠𝐨𝐬–𝐈𝐛𝐚𝐝𝐚𝐧 𝐄𝐱𝐩𝐫𝐞𝐬𝐬𝐰𝐚𝐲. The approval is part of revised contracts to accelerate critical road projects, including the East–West Road valued at NGN156 billion. 🛢️ Oil remains Nigeria’s primary #export. 𝐓𝐡𝐞 𝐃𝐚𝐧𝐠𝐨𝐭𝐞 𝐫𝐞𝐟𝐢𝐧𝐞𝐫𝐲 𝐢𝐬 𝐥𝐢𝐤𝐞𝐥𝐲 𝐭𝐨 𝐬𝐨𝐮𝐫𝐜𝐞 𝐦𝐨𝐫𝐞 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐟𝐞𝐞𝐝𝐬𝐭𝐨𝐜𝐤, 𝐩𝐥𝐚𝐜𝐢𝐧𝐠 𝐚 𝐜𝐞𝐢𝐥𝐢𝐧𝐠 𝐨𝐧 𝐜𝐫𝐮𝐝𝐞 𝐨𝐢𝐥 𝐞𝐱𝐩𝐨𝐫𝐭𝐬. Efforts to expand the domestic manufacturing base should further diversify and strengthen the export profile. 🚢 Nigeria’s imports remain highly diversified, spanning machinery, manufactured goods and food products. 𝐀𝐬 𝐢𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐛𝐨𝐫𝐫𝐨𝐰𝐢𝐧𝐠 𝐜𝐨𝐬𝐭𝐬 𝐞𝐚𝐬𝐞, 𝐬𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐝𝐞𝐦𝐚𝐧𝐝 𝐰𝐢𝐥𝐥 𝐝𝐫𝐢𝐯𝐞 𝐡𝐢𝐠𝐡𝐞𝐫 𝐢𝐦𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐠𝐨𝐨𝐝𝐬 𝐧𝐞𝐞𝐝𝐞𝐝 𝐭𝐨 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐡𝐞 𝐫𝐞𝐜𝐨𝐯𝐞𝐫𝐲, given Nigeria’s limited manufacturing capacity. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Nigeria, please 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @Afreximbank @AfreximResearch #TRADARClub

📜 Since taking office in January 2025, President Daniel Chapo has prioritised fiscal consolidation, anti-corruption efforts and measures to improve the operating environment for the private sector. 𝐓𝐡𝐞 𝐩𝐨𝐥𝐢𝐜𝐲 𝐟𝐨𝐜𝐮𝐬 𝐡𝐚𝐬 𝐜𝐞𝐧𝐭𝐫𝐞𝐝 𝐨𝐧 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐩𝐮𝐛𝐥𝐢𝐜 𝐟𝐢𝐧𝐚𝐧𝐜𝐞𝐬, 𝐞𝐚𝐬𝐢𝐧𝐠 𝐜𝐨𝐧𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬 𝐨𝐧 𝐬𝐦𝐚𝐥𝐥 𝐚𝐧𝐝 𝐦𝐞𝐝𝐢𝐮𝐦-𝐬𝐢𝐳𝐞𝐝 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞𝐬 𝐚𝐧𝐝 𝐢𝐦𝐩𝐫𝐨𝐯𝐢𝐧𝐠 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐜𝐫𝐞𝐝𝐢𝐛𝐢𝐥𝐢𝐭𝐲, 𝐬𝐢𝐠𝐧𝐚𝐥𝐥𝐢𝐧𝐠 𝐚 𝐦𝐨𝐫𝐞-𝐝𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐞𝐝 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬-𝐨𝐫𝐢𝐞𝐧𝐭𝐞𝐝 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡 𝐭𝐨 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭. Mozambique is taking steps to strengthen its digital policy framework and reduce administrative bottlenecks for businesses. In December 2025, the government launched a digital state programme under the newly created Ministry of Communications and Digital Transformation, prioritizing digital identity, interoperable public platforms and electronic payments. Together with ongoing improvements in connectivity and cybersecurity governance, these reforms will help to streamline public sector interactions, improve service delivery and gradually ease compliance and transaction costs for businesses. 🚢 Gas and coal accounted for half of Mozambique’s #export receipts over 2024: chemical, industrial and fuel products totalled just under USD5.5 billion. Furthermore, 𝐌𝐨𝐳𝐚𝐦𝐛𝐢𝐪𝐮𝐞 𝐡𝐚𝐬 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲-𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲, 𝐦𝐚𝐤𝐢𝐧𝐠 𝐢𝐭 𝐚 𝐧𝐞𝐭 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐞𝐱𝐩𝐨𝐫𝐭𝐞𝐫. With Total, ExxonMobil and Eni all advancing major projects, imports of machinery, materials, engineering services and offshore equipment will rise sharply over the coming quarters. In 2024, chemical, industrial and fuel products was Mozambique’s largest #import category, valued at USD3.2 billion. 📖 To read more about the macroeconomic outlook, business/trade climate and #investment opportunities in #Mozambique, please d𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐌𝐨𝐳𝐚𝐦𝐛𝐢𝐪𝐮𝐞 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

📜 The Moroccan government will continue to implement structural reforms in order to attract private #investment and to ensure continued support from the International Monetary Fund. Regional Investment Centres, or Centre Régional d’Investissement (CRIs), now have enhanced powers to approve smaller-scale initiatives directly. In parallel, the Mohammed VI Investment Fund has mobilised MAD18.5 billion (two-thirds of that financed by private investors) to establish 14 thematic funds focusing on pivotal sectors such as industry, agriculture, tourism and transport over the next five to ten years. 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐬𝐞𝐜𝐭𝐨𝐫 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐛𝐞𝐢𝐧𝐠 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐞𝐝 𝐚𝐬 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐛𝐫𝐨𝐚𝐝𝐞𝐫 𝐞𝐟𝐟𝐨𝐫𝐭𝐬 𝐭𝐨 𝐢𝐦𝐩𝐫𝐨𝐯𝐞 𝐌𝐨𝐫𝐨𝐜𝐜𝐨’𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭. Bank Al-Maghrib is progressively implementing the Supervisory Review and Evaluation Process (SREP), with full implementation scheduled for 2027. The reform will enhance banks’ capital frameworks, supervision and risk governance, marking a significant step towards Basel III alignment and supporting greater resilience of the financial system and investor confidence. 🚢 #Export growth will remain strong, especially in sectors such as automotive, defence, aerospace and phosphates, while tourism and visitor inflows for the Africa Cup of Nations (AFCON) in 2026 will lift services exports. 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐚𝐧𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐰𝐚𝐬 𝐛𝐲 𝐟𝐚𝐫 𝐌𝐨𝐫𝐨𝐜𝐜𝐨’𝐬 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐞𝐱𝐩𝐨𝐫𝐭 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐲 𝐢𝐧 𝐯𝐚𝐥𝐮𝐞 𝐭𝐞𝐫𝐦𝐬 𝐢𝐧 𝟐𝟎𝟐𝟒, 𝐭𝐨𝐭𝐚𝐥𝐥𝐢𝐧𝐠 𝐔𝐒𝐃𝟏𝟗.𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. Strong domestic demand, underpinned by rising employment and incomes, and recent increases in the public sector minimum wage, will keep #import demand have elevated in the near term. That said, softer energy prices and easing imported inflation will moderate cost pressures (hydrocarbon imports represent about 10% of GDP). 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Morocco, please 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐌𝐨𝐫𝐨𝐜𝐜𝐨 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at: trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

📜 𝐆𝐡𝐚𝐧𝐚 𝐢𝐬 𝐚𝐧 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐝𝐞𝐬𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐭𝐡𝐚𝐧𝐤𝐬 𝐭𝐨 𝐢𝐭𝐬 𝐬𝐭𝐚𝐛𝐥𝐞 𝐩𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐫𝐢𝐜𝐡 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐚𝐧𝐝 𝐬𝐭𝐫𝐨𝐧𝐠 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤. Although electricity shortages have constrained industrial activity and raised operating costs in recent years, supply conditions are expected to improve from 2026 as additional capacity comes online, notably through the second phase of Aksa Energy’s Kumasi power plant and an enhanced grid interconnection with Côte d’Ivoire. These developments should gradually ease power-related bottlenecks and improve the operating environment for energy-intensive sectors. #Investment activity will benefit from the anticipated implementation of the Public Private Partnership Act and the Corporate Insolvency and Restructuring Act, which should strengthen the regulatory environment. Meanwhile, the recapitalisations National Investment bank (NIB) and Agricultural Development Bank (ADB) are set to enhance small and medium-sized enterprises’ access to finance, adding further momentum to private sector investment. ⬆️ High global gold prices will sustain Ghana’s #export earnings, with gold accounting for around 40% of total exports. 𝐔𝐒 𝐭𝐚𝐫𝐢𝐟𝐟𝐬 𝐩𝐫𝐞𝐬𝐞𝐧𝐭 𝐥𝐢𝐭𝐭𝐥𝐞 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐫𝐢𝐬𝐤 𝐠𝐢𝐯𝐞𝐧 𝐭𝐡𝐚𝐭 𝐦𝐨𝐬𝐭 𝐨𝐟 𝐆𝐡𝐚𝐧𝐚’𝐬 𝐞𝐱𝐩𝐨𝐫𝐭𝐬 𝐫𝐞𝐦𝐚𝐢𝐧 𝐞𝐱𝐞𝐦𝐩𝐭 𝐚𝐧𝐝 𝐭𝐡𝐚𝐭 𝐠𝐥𝐨𝐛𝐚𝐥 𝐭𝐚𝐫𝐢𝐟𝐟-𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐮𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲 𝐤𝐞𝐞𝐩𝐬 𝐠𝐨𝐥𝐝 𝐩𝐫𝐢𝐜𝐞𝐬 𝐡𝐢𝐠𝐡. Ghana is heavily reliant on imported goods, including cereals, vehicles, plastics and pharmaceuticals. In 2024, Ghana’s largest #import category was machinery and complex manufactured products, totalling USD5.7billion. Inflation remains low by recent standards and as borrowing costs fall, demand for imported consumer goods, capital inputs and business services will increase. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Ghana, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐆𝐡𝐚𝐧𝐚 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

📜 Kenya’s role as a regional economic hub, combined with a large, skilled labor force and sustained political stability, supports a favourable investment climate. 𝐓𝐡𝐞𝐬𝐞 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐚𝐥 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐬 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐚𝐭𝐭𝐫𝐚𝐜𝐭 𝐟𝐨𝐫𝐞𝐢𝐠𝐧 𝐚𝐧𝐝 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬, 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫𝐥𝐲 𝐢𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬, 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐚𝐧𝐝 𝐡𝐢𝐠𝐡𝐞𝐫 𝐯𝐚𝐥𝐮𝐞-𝐚𝐝𝐝𝐞𝐝 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬. Ongoing policy support for digitalization will also bolster its #investment appeal. In line with this, in November 2025, a memorandum of understanding was signed between Kenya and Denmark to advance public sector digitalization and foster citizen-centred digital services. Kenya will remain at the forefront of regional economic integration through the East African Community and the African Continental Free Trade Area (AfCFTA). Ongoing upgrades to transport corridors and border infrastructure are easing congestion and lowering trade costs, reinforcing Kenya’s role as a regional trade gateway. In October 2025, the EAC, Kenya, Uganda and the African Development Bank Group advanced plans for the Kisumu–Busia–Malaba multinational expressway, supporting efficiency along the Northern Corridor. 🚢 Kenya’s exports are dominated by agriculture, which accounted for over 50% of total #export earnings in 2024. 𝐓𝐡𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 𝐊𝐞𝐧𝐲𝐚’𝐬 𝐚𝐠𝐫𝐢𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐩𝐨𝐬𝐢𝐭𝐢𝐯𝐞, 𝐰𝐢𝐭𝐡 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 (𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐚 𝐬𝐮𝐛𝐬𝐢𝐝𝐢𝐬𝐞𝐝 𝐟𝐞𝐫𝐭𝐢𝐥𝐢𝐬𝐞𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭), 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐠𝐚𝐢𝐧𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐛𝐨𝐥𝐬𝐭𝐞𝐫 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐞𝐱𝐩𝐨𝐫𝐭𝐬. #Import growth will be driven by rising household consumption alongside steady demand for machinery and equipment linked to infrastructure and industrial expansion. In 2024, chemical, industrial and fuel products was Kenya’s largest import category, totalling USD7.7 billion. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Kenya, please 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐊𝐞𝐧𝐲𝐚 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

📜 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚’𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐇𝐨𝐫𝐧 𝐨𝐟 𝐀𝐟𝐫𝐢𝐜𝐚 𝐮𝐧𝐝𝐞𝐫𝐩𝐢𝐧𝐬 𝐢𝐭𝐬 𝐫𝐨𝐥𝐞 𝐚𝐬 𝐚𝐧 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐫𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐭𝐫𝐚𝐝𝐞 𝐚𝐧𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐡𝐮𝐛, 𝐫𝐞𝐢𝐧𝐟𝐨𝐫𝐜𝐞𝐝 𝐛𝐲 𝐚𝐜𝐭𝐢𝐯𝐞 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐚 𝐰𝐢𝐝𝐞 𝐫𝐚𝐧𝐠𝐞 𝐨𝐟 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬, 𝐂𝐡𝐢𝐧𝐚 𝐚𝐧𝐝 𝐆𝐮𝐥𝐟 𝐬𝐭𝐚𝐭𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭𝐬. Accession to BRICS in 2024 further broadens the country’s diplomatic and economic reach, supporting deeper South–South trade and investment links. This outward-oriented strategy was reinforced in April 2025 when Somalia agreed to grant Ethiopia commercial access to its ports, a move that could gradually reduce reliance on Djibouti and improve trade resilience and logistics choices. Ethiopia’s banking sector reform momentum remains strong, with the National Bank of Ethiopia (NBE) strengthening prudential oversight and advancing the shift towards sophisticated risk management and market infrastructure. The latest reforms include raising the credit growth ceiling, imposing higher capital requirements, formalising FX exposure limits and launching the Central Securities Depository (CSD) system. This includes exchange rate liberalisation and foreign bank entry reforms. These changes will strengthen the sector’s resilience and international alignment over the medium term. 🚢 Food and agricultural products accounted for close to four-fifths of total #export value in 2024, leaving overall export performance highly exposed to weather conditions and global commodity prices. #Import demand remains structurally high, driven by fuel needs, capital equipment and consumer goods. Ongoing #investment in infrastructure, transport and energy will sustain elevated imports over the medium term. 𝐈𝐧 𝟐𝟎𝟐𝟒, 𝐦𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐚𝐧𝐝 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐰𝐚𝐬 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚’𝐬 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐢𝐦𝐩𝐨𝐫𝐭 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐲 𝐛𝐲 𝐟𝐚𝐫, 𝐭𝐨𝐭𝐚𝐥𝐥𝐢𝐧𝐠 𝐔𝐒𝐃 𝟑.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in #Ethiopia, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐐𝟏-𝟐𝟔 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page: #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

🤝 Côte d’Ivoire combines strong growth momentum with a diversifying economic base, benefitting from expanding activity in energy, mining and ICT, a comparatively stable political backdrop, and a strategic position as a gateway to regional West African markets. This has been reinforced by efforts to promote trade, including a July 2025 partnership between @Agenceciex and the International Organization of Consultants and Experts for Development to promote Ivorian products internationally and help to secure project financing. 📜 Close cooperation with the @IMFAfrica and regional institutions will continue to underpin Côte d’Ivoire’s stable business environment, supporting prudent fiscal management and investor confidence. This framework has been reinforced by multilateral backing, including approval by the @AfDB_Group in November 2025 of EUR39 million to support governance reforms, domestic resource mobilization and more-transparent public expenditure. These measures strengthen policy credibility and improve the execution of public #investment. 🚢 Côte d’Ivoire’s #export base remains centered on agriculture, with exports of food and agricultural products reaching USD9.4 billion in 2024, led by cocoa, cashew nuts and rubber. Export growth will stay firm over the near term, supported by recovering cocoa output and rising crude oil production, driven by ramps up at Eni’s offshore Baleine field. Côte d’Ivoire’s limited manufacturing base will continue to underpin strong #import demand, particularly for consumer goods, fuel and capital equipment. Robust household consumption and ongoing investment in infrastructure and industry will sustain imports over the near term. 📖 To read more about the macroeconomic outlook, business/trade climate and investment opportunities in 𝐂𝐨𝐭𝐞 𝐝'𝐈𝐯𝐨𝐢𝐫𝐞, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐲𝐨𝐮𝐫 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝟐𝟎𝟐𝟔 𝐂𝐨𝐭𝐞 𝐝'𝐈𝐯𝐨𝐢𝐫𝐞 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐩𝐫𝐨𝐟𝐢𝐥𝐞 update directly from our publications’ page at #country-profiles" target="_blank" rel="nofollow noopener">tradar.africa/publications?c… or send your request to us at trade.intelligence@afreximbank.com. @afreximbank @AfreximResearch #TRADARClub

Today marks an important step toward advancing intra-African trade. The Intra-African Trade Fair - IATF @IATF2027 Host Agreement Signing Ceremony takes place in Lagos, Nigeria, formally confirming the city as host of the next edition of Africa’s premier trade and investment platform. The Intra-African Trade Fair - IATF continues to connect businesses, investors and governments across the continent, unlocking opportunities under the African Continental Free Trade Area (AfCFTA). Join us live - 2:30 PM Cairo | 1:30 PM Lagos - youtu.be/_GJiEHyoA7M #Afreximbank #IATF2027 #AfCFTA #IntraAfricanTrade #GlobalAfrica