DistantNews
Support us

Afreximbank Africa Narrative

Past coverage๐Ÿ‡ณ๐Ÿ‡ฌEconomy & Trade

Related coverage: 1 country, 3 sources

This topic isn't active right now. Last covered Jul 2, 2026. See today's headlines.

Afreximbank President George Elombi calls for an African-owned credit ratings agency to control the continent's economic narrative and attract investment. He also urged African nations to develop domestic electric vehicle battery manufacturing rather than exporting raw lithium, citing the Dangote Refinery's success in stabilizing Nigeria's naira.

๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria/English

Africa Must Control Its Economic Narrative, Afreximbank Chief Elombi Demands, Citing Need for Ratings Agency

Dr. George Elombi, President of the African Export-Import Bank (Afreximbank), has renewed calls for an African-owned credit ratings agency, asserting that the continent must cease allowing foreign institutions to dictate its economic fortunes and borrowing costs. Speaking at Afreximbank's mid-year media roundtable in Abuja, Elombi stressed the imperative for Africa to own the institutions shaping โ€ฆ

Local news, in your inbox.