Energie : Afreximbank unveils $3 billion credit line to ease fuel imports

On April 29, 2025, the African Export-Import Bank (Afreximbank) launched a $3 billion revolving credit facility to help African and Caribbean buyers source fuel more easily from local refineries. The bank aims to generate $10–14 billion in trade finance over three years and cut the region’s $30 billion annual fuel import bill.