{"id":69124,"date":"2025-06-26T11:42:45","date_gmt":"2025-06-26T11:42:45","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=69124"},"modified":"2025-06-26T11:42:45","modified_gmt":"2025-06-26T11:42:45","slug":"afreximbank-unveils-economic-strategy-for-africa-amid-global-uncertainty","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/06\/26\/afreximbank-unveils-economic-strategy-for-africa-amid-global-uncertainty\/","title":{"rendered":"Afreximbank Unveils Economic Strategy for Africa Amid Global Uncertainty"},"content":{"rendered":"<p><strong>By Omoniyi David<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The African Export-Import Bank (Afreximbank) has launched two strategic reports offering a roadmap for Africa\u2019s economic resilience amid rising global instability.<\/p>\n<p>Presented at its 2025 Annual Meetings in Abuja, the African Trade and Economic Outlook 2025 and the African Trade Report 2025 outline bold policy recommendations to help African nations navigate global economic shocks, rising debt, and financial fragmentation.<\/p>\n<p>Afreximbank\u2019s Chief Economist, Dr. Yemi Kale, described the reports as \u201cstrategic compasses\u201d aimed at helping policymakers respond to vulnerabilities while capitalizing on Africa\u2019s growth potential.<\/p>\n<p>Despite global challenges, Africa recorded 3.3% growth in 2024, with intra-African trade rebounding by 12.4%.<\/p>\n<p>The continent is projected to grow by 4% in 2025, while inflation is expected to decline from 19% to 15%.<\/p>\n<p>The reports advocate diversifying exports, boosting industrial capacity, and investing in infrastructure, innovation, and human capital. Intra-African trade is forecast to grow at 6.6% annually through 2029, driven by AfCFTA.<\/p>\n<p>Kale emphasized that Africa must move from reacting to global changes to shaping its own future, noting that the continent holds \u201cextraordinary opportunities\u201d despite its challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Omoniyi David &nbsp; The African Export-Import Bank (Afreximbank) has launched two strategic reports offering a roadmap for Africa\u2019s economic resilience amid rising global instability. Presented at its 2025 Annual Meetings in Abuja, the African Trade and Economic Outlook 2025 and the African Trade Report 2025 outline bold policy recommendations to help African nations navigate [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":69125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1740,172],"tags":[],"class_list":["post-69124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=69124"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69124\/revisions"}],"predecessor-version":[{"id":69126,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69124\/revisions\/69126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/69125"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=69124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=69124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=69124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}