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Afreximbank, Ghana Infrastructure Investment Fund (GIIF) and Ghana’s 24-Hour Economy Authority launch project preparation partnership to accelerate 24H+ projects

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Ghana’s 24H+ Programme is a production-led, private-sector-driven agenda to transform the country into a competitive production hub

CAIRO, Egypt, September 18, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Ghana Infrastructure Investment Fund (GIIF) and the Ghana’s 24-Hour Economy (24H) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to accelerate the preparation of priority projects under Ghana’s 24-Hour Economy and Accelerated Export Development Programme (24H+).

 




  

The Authority currently values the wider 24H+ investment pipeline at approximately US$11.5 billion. The JPPF will support selected priority projects in the pipeline, subject to joint screening and approval. Afreximbank and GIIF will pilot the intervention, with each making an initial contribution of US$5 million to finance eligible technical, financial, legal and advisory work needed to resolve bankability constraints and structure projects for financing.

The agreement was signed by Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, on behalf of Afreximbank; Mr. Nana Dwemoh Benneh, Chief Executive Officer, on behalf of GIIF; and Mr. Augustus Obuadum Tanoh, Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, on behalf of 24H.

Under the tripartite arrangement, 24H will bring forward strategic projects and coordinate government stakeholders; GIIF will contribute local origination and infrastructure-investment capability; and Afreximbank will provide project-preparation and capital-mobilisation expertise. The parties will jointly screen and prioritise projects.

Ghana’s 24H+ Programme is a production-led, private-sector-driven agenda to transform the country into a competitive production hub. It is structured around eight interconnected pillars spanning agriculture, manufacturing, infrastructure, the creative industries and tourism, logistics, finance, skills and national mobilisation.

 

This JPPF will play a catalytic role in translating Ghana’s 24H+ vision into projects that attract capital, expand exports and create jobs

The JPPF will play a catalytic role in supporting implementation across the eight pillars of the 24H+ Economy by converting priority initiatives into well-prepared, finance-ready projects. Its focus areas include energy and infrastructure; logistics and digital connectivity; industrial parks; manufacturing and agro-processing; minerals beneficiation; tourism; the creative industries; and healthcare.

In addition to financing individual preparation assignments, the JPPF includes a structured institutional-development component for GIIF, comprising training, knowledge transfer, capacity building and staff secondments. This is intended to deepen GIIF’s in-house capacity to originate, structure and manage future project pipelines.

Commenting on the framework agreement, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, said:

“This JPPF will play a catalytic role in translating Ghana’s 24H+ vision into projects that attract capital, expand exports and create jobs. By combining Afreximbank’s project-development and capital-mobilisation expertise, GIIF’s local investment capability and the 24-Hour Economy Authority’s coordinating mandate, we will accelerate priority projects, strengthen Ghanaian project preparation capacity and build a sustained pipeline of investment-ready transactions.”

She added that the strong demonstration effect and replication potential of the agreement could see the tripartite JPPF model become a blueprint for other African countries, encouraging similar partnerships and raising the standard of project preparation. Mrs. Awani said the partnership would address Ghana’s trade-enabling infrastructure and industrialisation gaps by combining project origination, technical advisory services and co-financing of preparation costs. This support is intended to produce investment-ready projects capable of attracting significant private capital.

Commenting on GIIF’s participation, Nana Dwemoh Benneh, Chief Executive Officer, GIIF, reiterated that:

“The partnership reinforces GIIF’s role as an infrastructure finance partner to the 24-Hour Economy and strengthens our ability to advance priority projects from concept to investment readiness. Beyond the US$10 million commitment to project preparation, a key value of the JPPF is its capacity-building component, which will provide GIIF with access to Afreximbank’s extensive project preparation expertise through training, knowledge transfer, and staff secondments. This will deepen our in-house capabilities to identify, structure, and prepare bankable projects and enhance institutional capacity and self-reliance, enabling the development of a strong pipeline of investment-ready projects capable of attracting private capital and supporting Ghana’s long-term infrastructure and economic transformation.”

Mr. Augustus Obuadum Tanoh, Presidential Adviser, 24H, added that “The 24H+ Programme is delivered through transformational projects, and a project attracts capital only when it is properly prepared. This Facility will help translate Ghana’s development priorities into well-structured, bankable projects that expand productive capacity, improve workforce productivity, increase exports and create sustainable jobs. We will bring our priority projects in energy, agro-industry, manufacturing and logistics to the Facility, and we are confident that, working with Afreximbank and GIIF, we will take them from concept to construction and deliver tangible opportunities for Ghanaians.”

By converting 24H+ priorities into investment-ready projects, the JPPF is expected to accelerate Ghana’s transformation into a competitive production and export hub and deepen its integration into the African Continental Free Trade Area (AfCFTA).

Distributed by APO Group on behalf of Afreximbank.

 




 

Business

Afreximbank Backs DOTT Services Limited, Uganda with a US$28 Million Facility for Regional Engineering, Procurement and Construction (EPC) Projects

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The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains

CAIRO, Egypt, November 4, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has activated and approved a US$28 million dual-tranche facility for DOTT Services Limited, the leading Uganda-based engineering, procurement and construction (EPC) contractor, and has begun disbursing funds to support the execution of its EPC projects pipeline, valued at more than US$550 million.

 




 
 

Provided under Afreximbank’s EPC Contract Promotion Initiative, the facility is designed to strengthen the capacity of African EPC champions to secure and execute large-scale infrastructure projects across the continent. Specifically, the financing will support DOTT Services Limited in executing contracts and pursuing near-term opportunities valued at approximately US$550 million across Uganda, Tanzania, Kenya and the Democratic Republic of Congo.

Commenting on the transaction, Mr. Humphrey Nwugo, Director of Regional Operations at Afreximbank’s Eastern Africa office, said:

Through the initiative, the Bank provides support, including financing, twinning and matchmaking

“This facility reflects Afreximbank’s commitment to building strong African EPC champions capable of delivering the infrastructure that underpins Africa’s industrialisation, trade and economic integration. By supporting DOTT Services Ltd, a well-established regional contractor with operations across five African countries, we are addressing a critical financing gap that has historically constrained the ability of African firms to participate meaningfully in large-scale, cross-border infrastructure projects.

The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains. It also advances Afreximbank’s EPC Contract Promotion Initiative, which seeks to increase African participation in the development and delivery of Africa’s infrastructure.

Through partnerships such as this, we are ensuring that greater value, expertise, employment opportunities and economic benefits are retained within Africa while fostering the emergence of globally competitive African contractors.”

Mr. Nwugo further noted that most local commercial banks lacked the capacity to support intra-African and regional projects because they were poorly placed to absorb the associated cross-border risks, while international banks tended to prioritise non-African contractors. As a result, African entities were often left without adequate financial support.

He said: “Afreximbank’s EPC Initiative was therefore designed to address this challenge by supporting African EPC contractors in securing and executing a greater share of infrastructure contracts across the continent. Through the initiative, the Bank provides support, including financing, twinning and matchmaking, as well as issuing letters of support, among others”, he explained.

DOTT Services Limited presence in Africa spans 28-years, with operations in Uganda, Tanzania, South Sudan, Zambia, and the Democratic Republic of Congo (DR Congo). It also has European offices in Italy and the UK, and a workforce of over 6,000 people. The company procures from, and distributes to, African countries goods such as bitumen, asphalt, steel and spare parts, as well as yellow goods equipment and services, making it a significant player in intra-African trade. Its track record of promoting trade-supporting infrastructure across the continent makes it a natural partner for Afreximbank’s EPC Contract Promotion Initiative, which seeks to build African EPC champions capable of delivering the infrastructure that underpins intra-African trade.

Distributed by APO Group on behalf of Afreximbank.

 

 




 

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Coca-Cola Beverages Africa (CCBA) invests in Africa’s leadership potential through EDGE

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Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business

JOHANNESBURG, South Africa, November 4, 2026/APO Group/ –Thirty-one leaders from across 12 African countries have graduated from Coca-Cola Beverages Africa’s (CCBA) (https://www.CCBAgroup.com) EDGE Senior Leadership Acceleration Programme, marking the completion of the programme’s second generation and the first pan-African EDGE cohort.

 




 
 

Created by CCBA, EDGE is the company’s flagship senior leadership development programme. Building on previous participation from The Coca-Cola Company, the programme was further expanded in 2026 to include leaders from Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, creating a broader pan-African learning experience across the Coca-Cola system.

Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business.

The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system

The graduating cohort represented leaders from multiple countries and business functions. Through classroom learning, business projects, mentoring and coaching, participants gained practical experience in addressing real business opportunities and challenges.

With CCBA serving more than 840,000 customers across Africa, the company requires leaders who can navigate complexity and create value in diverse markets. EDGE helps build these capabilities through practical, business-focused learning.

“People are at the heart of everything we do, and programmes like EDGE demonstrate our commitment to investing in their growth and future success,” said Natasa Prodanovic, Chief People and Culture Officer at CCBA.

“The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system. By learning alongside colleagues from The Coca-Cola Company, Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, participants were able to build meaningful connections, share diverse perspectives and strengthen collaboration across our markets.”

The curriculum focused on strategy, value creation, transformation, commercial decision-making, leading self and leading teams. Participants also presented business projects aligned to organisational priorities as part of the programme’s graduation requirements.

EDGE forms part of CCBA’s broader commitment to developing future leaders and building the capabilities needed to drive sustainable growth and impact across Africa.

Distributed by APO Group on behalf of Coca-Cola Beverages Africa.

 

 




 

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Africa and Caribbean trade potential could reach $1.65 billion annually by 2030: International Trade Centre (ITC)-Afreximbank report

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The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped

ST. JOHN’S, Antigua and Barbuda, November 3, 2026/APO Group/ –Annual trade in goods and services between Africa and the Caribbean could reach up to $1.65 billion by 2030, excluding mineral fuels, according to a new report launched today by the International Trade Centre (ITC) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on the sidelines of the Commonwealth Heads of Government Meeting in Antigua and Barbuda.

 




  

The report, Reshaping Africa-Caribbean Trade: Opportunities for Economic Transformation, (https://apo-opa.co/4eiz62u) finds that while Africa and the Caribbean share deep historical and cultural links, trade between the two regions continues to represent only a small share of each region’s overall trade, despite complementarities across sectors ranging from agribusiness and manufacturing to services and the creative economy.

A look at the numbers

The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped, with are significant opportunities for export growth if trade and investment is actively promoted and facilitated.

Africa and the Caribbean must transform a shared history into shared prosperity

Caribbean export potential lies in the services sector, reaching $481 million. The report identifies business opportunities across several priority sectors, including processed food and animal feed, chemicals, minerals and metals, apparel and textiles, leather and footwear, tourism, transport services and creative industries.

These findings – and more – are based on trade and export potential analysis, detailed sector assessments and a survey of 1,175 businesses and business support organizations across Africa and the Caribbean.

Tapping into priority sectors

ITC Executive Director Pamela Coke-Hamilton (https://apo-opa.co/3WHHZMU), in launching the report, said: ‘At a time of major shifts in global trade, countries need to strengthen regional ties and invest in value addition, to build resilience. We know the major trade opportunities between Africa and the Caribbean – and now we can focus on helping businesses take advantage of those opportunities through better market intelligence, improved logistics and greater access to finance.’

Commenting on the report, Denys Denya, Senior Executive Vice President at Afreximbank, said: ‘Africa and the Caribbean must transform a shared history into shared prosperity. With our CARICOM office in Barbados, about $1 billion in approved transactions and a $5 billion regional financing commitment, Afreximbank is advancing this vision through financing, deposit mobilization under CENDEP, business links through the annual Afri-Caribbean Trade and Investment Forum, local-currency payments through CAPSS and creative-industry collaboration through CANEX. This report offers a practical roadmap to turn untapped potential into bankable opportunities across agribusiness, manufacturing, tourism and the creative economy. Through targeted financing, stronger transport and logistics links and strategic partnerships, we can build a Global Africa connected by heritage, trade, investment and shared opportunity.’

The report finds that businesses continue to face significant challenges, including high transport costs, limited direct shipping links, regulatory barriers, limited access to finance and difficulties in identifying trusted commercial partners. It highlights that future economic cooperation should extend beyond traditional trade in goods, including through joint investment ventures, digital services, creative industries and tourism. It also calls for targeted action to improve market intelligence and business matchmaking; expand access to trade finance and payment solutions; strengthen transport and logistics connectivity; support sector-specific value chain development; improve regulatory cooperation and market access; and foster stronger partnerships among business support organizations.

Read the full report HERE (https://apo-opa.co/4exHBH9)

Distributed by APO Group on behalf of Afreximbank.

 




 

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