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African and Caribbean leaders to headline Afreximbank’s 32nd annual meetings in Abuja, Nigeria

African and Caribbean leaders to headline Afreximbank’s 32nd annual meetings in Abuja, Nigeria

The African Export-Import Bank (Afreximbank) will host its 32nd Annual Meetings (AAM2025) in Abuja, Nigeria, from June 25-27, 2025, bringing together influential leaders from Africa, the Caribbean, and beyond under the theme “Building the Future on Decades of Resilience.”

The high-profile gathering will feature Nigerian President Bola Ahmed Tinubu, former President Olusegun Obasanjo, and African Union Commissioner Albert Muchanga among its distinguished speakers. Notable business leaders including Aliko Dangote and Tony Elumelu will join international experts such as Professor Jeffrey Sachs and Dr. Kishore Mahbubani in discussions.

The meetings aim to facilitate significant trade and investment deals while advancing key priorities including:

  • Implementation of the African Continental Free Trade Area (AfCFTA)
  • Enhancement of cross-border payment systems
  • Strengthening Africa-Caribbean economic ties
  • Fostering private sector participation in policy reforms

Expected to attract thousands of participants from over 80 countries, AAM2025 will serve as a platform for launching new initiatives and mobilizing billions in funding for strategic sectors over the next 5-10 years.

Read the original article here: https://afreximbank.africa-newsroom.com/press/african-and-caribbean-leaders-to-headline-afreximbanks-32nd-annual-meetings-in-abuja-nigeria?lang=en

Malaysia rolls out innovation lab for climate finance solutions

Malaysia rolls out innovation lab for climate finance solutions

Malaysia has introduced the Climate Finance Innovation Lab (CFIL), a new initiative designed to accelerate the development of innovative climate finance solutions. The platform, launched by the Joint Committee on Climate Change (JC3) and managed by Bank Pembangunan Malaysia Berhad (BPMB), will bring together public, private, and philanthropic partners to advance climate financial solutions in the country.

Speaking at the launch, Bank Negara Malaysia (BNM) Assistant Governor and JC3 co-chair Madelena Mohamed emphasized the urgent need to scale up climate finance and nature-positive actions in Malaysia. JC3 co-chair Salmah Bee Mohd Mydin described CFIL as an “incubator for catalytic projects” essential to achieving Malaysia’s national climate goals. The lab aims to address financing challenges by connecting project owners with diverse funders to scale up climate and nature-related solutions across the country.

Read the original article here: https://www.msn.com/en-xl/money/general/malaysia-rolls-out-innovation-lab-for-climate-finance-solutions/ar-AA1H00aG?ocid=BingNewsVerp

Commonwealth chief asks members to ease barriers for bloc to achieve $2T intra-trade target by 2030

Commonwealth chief asks members to ease barriers for bloc to achieve $2T intra-trade target by 2030

The Commonwealth Secretary-General, Shirley Ayorkor Botchwey, has called on the organization’s 56 member states to reduce trade barriers in pursuit of achieving $2 trillion in intra-Commonwealth trade by 2030. The announcement came during the opening of the first-ever Commonwealth Business Summit (CBS) in Windhoek, Namibia.

The three-day event, jointly organized by the Commonwealth Secretariat and Namibian government, runs alongside the Commonwealth Trade Ministers Meeting (CTMM). The dual gatherings aim to accelerate member states’ industrialization efforts and expand consumer markets across the Commonwealth.

Namibia’s Minister of International Relations and Trade, Selma Ashipala-Musavyi, emphasized the importance of collaboration in addressing trade tariffs and identifying new growth opportunities. Samoa’s Prime Minister Fiame Naomi Mataafa highlighted the Commonwealth’s unique position to unlock trade and investment opportunities while strengthening public-private partnerships, noting the challenges posed by growing global conflicts and crises.

Read the original article here: https://www.aa.com.tr/en/africa/commonwealth-chief-asks-members-to-ease-barriers-for-bloc-to-achieve-2t-intra-trade-target-by-2030/3603551

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