Uganda: Afreximbank Reports $215m Net Income in Q1 2025

Uganda: Afreximbank Reports $215m Net Income in Q1 2025

[Independent (Kampala)] On the payments front, the Pan-African Payments and Settlement System (PAPSS) continues to gain traction, with KCB Group in Kenya and Bank of Kigali in Rwanda integrating the platform

The African Import-Export Bank (Afreximbank) has been mandated to mobilize US$1.7 billion in funding for the development of the Suiso project, a coal-to-fertilizer plant located in Kriel, Mpumalanga Province, South Africa. Through its Capital Markets and Consulting (ACMA) department, the institution will have to structure the mechanisms of the project.