IFC, Access Holdings partner to boost trade finance across Africa

Author: Udeme AkpanPublished on: November 4, 2026Country: Angola
Business & Economy
IFC, Access Holdings partner to boost trade finance across Africa

The International Finance Corporation (IFC) and Access Holdings Plc signed an agreement to expand trade finance, support businesses and improve their access to regional and international markets. Signed on November 4, 2026, on the sidelines of AFIS 2026 in Luanda, Angola, the partnership is expected to strengthen the group’s capital base and capacity to finance businesses and cross-border trade. The agreement was signed by Aigboje Aig-Imoukhuede, Ethiopis Tafara and Roosevelt Ogbonna. IFC said the initiative would help mobilise private capital, support business growth and create jobs.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Former Afreximbank President Oramah Urges Africa to Turn Global Shocks into Opportunities
Business & EconomyTechnologyNigeria
Henry Ojelu & Deborah Oladeji•

Former Afreximbank President Oramah Urges Africa to Turn Global Shocks into Opportunities

At the 20th AELEX Annual Lecture in Lagos, former Afreximbank President Benedict Oramah urged African countries to use geopolitical upheaval and technological advances to accelerate economic transformation. He criticized reliance on foreign capital, currencies and raw-material exports, noting that between $350 billion and $500 billion in African foreign-exchange reserves are held outside the continent. Oramah called for stronger African financial institutions, more local-currency financing, expanded PAPSS and effective implementation of the AfCFTA, alongside investment in energy, data centres and critical-mineral processing. Event chair Bola Adesola stressed preparation for disruptions, while AELEX founding partner Fubara Anga urged state and local governments to take a greater role in attracting investment.

Read More
Hamzat Seeks a Stronger Private-Sector Role in Lagos Development
PoliticsBusiness & EconomyNigeria
Olasunkanmi Akoni•

Hamzat Seeks a Stronger Private-Sector Role in Lagos Development

Lagos State Deputy Governor and APC candidate in the 2027 governorship election, Kadri Obafemi Hamzat, called for stronger public-private collaboration, higher public revenue and continued infrastructure investment. Speaking at an investor engagement organized by Aztran on Lagos Island, he cited the rollout of 11 Oracle ERP modules, which he said improved accountability and internally generated revenue, as well as the state’s rail projects. Hamzat said Lagos was reviewing waste collection funding so private operators could receive direct government payments, while subsidies would continue. Aztran Co-Managing Partner Victor Aluyi urged investors to mobilize capital to address infrastructure funding gaps in transport, power, housing, waste management and logistics.

Read More
IMF: National Assembly Complicates Matters for Bassirou Diomaye Faye
Business & EconomyPoliticsSenegal
senenews.com•

IMF: National Assembly Complicates Matters for Bassirou Diomaye Faye

Senegal’s National Assembly rejected the supplementary budget bill on November 3, complicating President Bassirou Diomaye Faye’s negotiations with the IMF over a program worth about $2.2 billion. Economist Thierno Thioune said the lack of a revised budget leaves the government without a formal framework for its fiscal path and could delay financing if the deadlock continues. The bill would have raised the deficit forecast from 5.4% to 7.6% of GDP, an estimated gap of about 550 billion CFA francs, and accounted for nearly 790 billion CFA francs in energy subsidies in 2026. A swift passage of a new bill could limit delays to a few weeks, while a two- to three-month deadlock might require a waiver from the IMF’s executive board.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox