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Afreximbank’s largest ever bond issuance raises US$1.5 billion

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Afreximbank

The transaction attracted strong demand from international investors across the UK, Europe, Asia and the United States, with the order book peaking at US$3.8 billion

CAIRO, Egypt, July 28, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (https://www.Afreximbank.com/) has successfully priced a US$1.5 billion dual-tranche Reg S/144A senior unsecured benchmark Eurobond, marking its first US dollar public bond issuance since July 2021 and its largest bond issuance to date. The bond was issued in two tranches: US$750 million with a 5.5-year tenor, maturing in January 2032, and US$750 million with a 10-year tenor, maturing in July 2036.

This successful issuance shows the confidence that investors continue to place in Afreximbank and in Africa’s growth story

The transaction attracted strong demand from international investors across the UK, Europe, Asia and the United States, with the order book peaking at US$3.8 billion. The issuance was approximately two times oversubscribed, with demand evenly split across both tranches. Supported by the robust demand, Afreximbank tightened pricing by 37.5 basis points on each tranche, resulting in final yields of 6.25% for the 5.5-year tranche and 7.125% for the 10-year tranche.

This successful return to the US dollar public bond market follows the Bank’s issuances in alternative formats and currencies in recent years, including Samurai bond issuances in 2024 and 2025 and a Panda bond issuance in 2025.Commenting on the transaction, Chandi Mwenebungu, Afreximbank’s Managing Director, Treasury and Markets, and Group Treasurer said, “This successful issuance shows the confidence that investors continue to place in Afreximbank and in Africa’s growth story. For us, this is a clear sign that the market continues to believe in Afreximbank’s work and in Africa’s economic prospects. Our role remains to connect capital to the opportunities that will drive trade, industrialisation and growth across the continent.”

HSBC Bank plc acted as the Global Co-ordinator, while Standard Bank of South Africa Limited, Standard Chartered Bank, Commerzbank Aktiengesellschaft and MUFG Securities EMEA plc, acted as Joint Lead Managers and Joint Bookrunners. This transaction marks another milestone in Afreximbank’s funding journey and underscores the bank’s continued ability to access international capital markets on competitive terms while connecting global capital to Africa’s long-term growth story.

Distributed by APO Group on behalf of Afreximbank.

Business

Africa Data Centres partners with Oni-Tel to enhance data centre connectivity in South Africa

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Africa Data Centres

For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities

JOHANNESBURG, South Africa, April 13, 2026/APO Group/ –Africa Data Centres (www.AfricaDataCentres.com), a business of Cassava Technologies, a global technology leader of African heritage, has partnered with fibre optic cable infrastructure provider Oni-Tel Fibre Networks to strengthen connectivity across its Gauteng facilities. Under the agreement, Oni-Tel will deliver high-speed, low-latency connectivity to Africa Data Centres’ Midrand and Samrand campuses through its Infinity fibre interconnection platform.

 




  

 

Purpose-built for data centre interconnectivity on a resilient network with direct access to Gauteng’s key data centre hubs, this provides customers with fast, high-capacity bandwidth and secure, carrier-grade performance, supporting the levels of uptime required in today’s data-driven environments.

Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng

“As enterprises accelerate cloud adoption, AI deployment, and data-intensive workloads, they need dependable, scalable connectivity within trusted local data centres. By partnering with Oni-Tel, we’re giving our customers access to enhanced fibre infrastructure that supports their growth and innovation, while maintaining secure, enterprise-grade environments for businesses navigating South Africa’s digital economy,” said Adil El Youssefi, CEO of Africa Data Centres.

For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities. Customers gain greater interconnection choice, high-availability architecture, seamless bandwidth, and the ability to scale efficiently as their infrastructure requirements grow.

“Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng. Through Infinity, customers benefit from ultra-low latency connectivity, scalable capacity, and secure, carrier-grade infrastructure designed to keep their businesses ahead in an extremely competitive digital landscape,” said Ellisha Gobind, Chief Commercial Officer at Oni-Tel.

Africa Data Centres’ facilities across the continent serve as key interconnection hubs, supporting enterprises, cloud service providers, financial institutions, mobile network operators, fixed network operators, and other users. Oni-Tel’s dark fibre solution further expands the range of carrier-neutral options available to Gauteng customers, enabling improved network speed and performance.

As demand for secure, high-performance digital infrastructure continues to rise, Africa Data Centres remains focused on building a robust, interconnected ecosystem that supports enterprise innovation and long-term growth across South Africa and the wider region.

Distributed by APO Group on behalf of Africa Data Centres.

 

 




 

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Business

Changpeng Zhao (CZ) Releases Freedom of Money, a Memoir Reflecting on the Rise of Crypto and the Story Behind Binance

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Binance

The memoir also reflects on the challenges that came with building at such speed, including the pressures of scaling a global company, regulatory scrutiny as the industry matured, and CZ’s personal experience serving a four month sentence in a U.S. federal prison

JOHANNESBURG, South Africa, April 13, 2026/APO Group/ –Few figures have been as closely associated with the rise of the cryptocurrency industry as Binance (www.Binance.com) co-founder Changpeng Zhao (CZ). In his new memoir,  Freedom of Money, A Memoir of Protecting Users, Resilience, and the Founding of Binance,  CZ offers a candid account of the early days of crypto, the rapid explosion of Binance, and the personal consequences of building at the centre of one of the fastest moving industries in modern finance.

 




  

Available globally from 08th April 2026 on Amazon Kindle and Paperback, Freedom of Money traces CZ’s journey from his early life and unconventional path into technology through the founding and rapid growth of Binance during a period when the cryptocurrency industry was expanding at unprecedented speed.

Part memoir and part reflection on the evolution of digital assets, the book offers readers a builder’s perspective on what it was like to grow a global platform in a new industry where the rules were still being written.

“While many people congratulated me on being number one, something else gave me more satisfaction,” CZ writes in the book. “I was getting messages from users all around the world thanking us for providing them with financial access or even financial freedom.”

The memoir also reflects on the challenges that came with building at such speed, including the pressures of scaling a global company, regulatory scrutiny as the industry matured, and CZ’s personal experience serving a four month sentence in a U.S. federal prison.

“This memoir is not a sanitized corporate story,” CZ said. “It reflects on what it was like to build during a time when the crypto industry was still taking shape – the successes, the mistakes, and the lessons that came from both.”

Freedom of Money offers a founder’s perspective on the challenges and opportunities that shaped digital assets during their formative years

Alongside the events that defined CZ’s career, Freedom of Money explores broader themes of money, technology and responsibility, and how his views on financial freedom have evolved over time.

Reflecting on a Defining Period in Crypto

Over the past decade, Binance has played a significant role in the growth of the digital asset ecosystem, helping support the development of infrastructure used by millions of users globally.

Freedom of Money provides CZ’s personal perspective on that period of rapid innovation and expansion in the cryptocurrency industry.

Richard Teng, Co-CEO of Binance, said: “The story of Binance is closely tied to the early evolution of the crypto industry. Freedom of Money offers a founder’s perspective on the challenges and opportunities that shaped digital assets during their formative years.”

Yi He, Co-Ceo of Binance, added: “The early days of crypto were fast-moving and full of possibility, even if not always fully understood. This book captures the energy of building in that moment and the incredible progress the industry has made since.”

Rachel Conlan, Chief Marketing Officer at Binance, said: “For many people, the story of crypto has been told through headlines and market cycles. What this book offers is a first person account from someone who helped build the infrastructure behind the industry’s growth.

Availability

  • Freedom of Money (https://apo-opa.co/4muGafd) is available globally 08 April 2026 on Amazon Kindle and Paperback.
  • The book is published in English and Chinese, with additional translations under consideration.
  • All proceeds from CZ’s authorship of the book will be donated to charity

Distributed by APO Group on behalf of Binance.

 

 




 

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Energy

Senegal Rewrites the Rules of its Hydrocarbon Boom as Minister Birame Soulèye Diop Heads to African Energy Week 2026 in October

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African Energy Chamber

At AEW 2026, Senegal’s Energy Minister Birame Soulèye Diop is expected to outline Senegal’s integrated hydrocarbons, gas and power strategy at AEW

CAPE TOWN, South Africa, April 13, 2026/APO Group/ –Senegal is reinforcing the policy architecture behind its new hydrocarbons era, with the Ministry of Energy, Petroleum and Mines launching reforms to the legal framework for local content in the extractive sector in March 2026. The reforms are aimed at improving national value retention while maintaining momentum on upstream and infrastructure development.

 




  

The move comes as Dakar works to translate first oil and first gas into broader industrial growth, stronger domestic participation and long-term energy security. Against this backdrop, Birame Soulèye Diop, Senegal’s Minister of Energy, Petroleum and Mines, will speak at African Energy Week (AEW) 2026 – taking place in Cape Town from October 12-16 – where he is expected to present Senegal’s roadmap for balancing investor engagement, gas monetization and sovereign energy development.

Minister Diop represents the kind of pragmatic African leadership that is turning resource potential into real economic transformation

In January 2026, 3.8 million barrels of crude oil were exported from the Sangomar field, while the Greater Tortue Ahmeyim (GTA) project is expected to nearly double its LNG cargoes in 2026 as the FLNG ramp‑up continues. Beyond current production, Senegal is also pushing to expand its resource pipeline. Petrosen has announced plans for a $100 million onshore exploration program in 2026, while the government has also signaled a stronger strategic focus on Yakaar-Teranga, with Senegalese investors encouraged to take a greater role in developing the 25 trillion cubic feet gas resource to prioritize domestic needs while keeping export optionality on the table.

Dakar is now focused on the next phase: using domestic gas resources to lower electricity costs, improve fuel security and support industrial competitiveness. A key pillar of this strategy is the 250 MW Gandon power plant, expected to be supplied through new gas infrastructure linked to the GTA system, alongside the broader Cap des Biches and northern gas corridor buildout. At the same time, Dakar is continuing to strengthen the regulatory foundations of its power transition. In March 2026, the Ministry of Energy, Petroleum and Mines validated Senegal’s first national standards for solar photovoltaic equipment, a move designed to improve quality, safety and performance as the country scales renewable energy deployment in parallel with oil and gas infrastructure.

At AEW 2026, Minister Diop is expected to provide strategic insight into how Senegal is navigating the transition from discovery and commissioning to full-scale execution. His participation is set to reinforce Senegal as one of the few frontier African producers pursuing an integrated model that combines hydrocarbons, gas-to-power and renewables under a single national development agenda.

“Minister Diop represents the kind of pragmatic African leadership that is turning resource potential into real economic transformation. Senegal is showing how first oil and first gas can become the basis for industrial growth, stronger regional integration and long-term energy security and his insights will bring great value to AEW 2026,” said NJ Ayuk, Executive Chairman, African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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