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You are here: Home / News / Business / South Africa and Afreximbank: A Historic Agreement

South Africa and Afreximbank: A Historic Agreement

5 February 2026 by Guest
AFRICA24 Group

Africa24 Group (https://Africa24TV.com/) invites viewers to relive, in full replay on Africa24 and Africa24 English, the official historic ceremony marking the Republic of South Africa’s accession to the Establishment Agreement of Afreximbank (African Export-Import Bank), the continent’s leading multilateral financial institution.

The complete ceremony replay is available here (https://apo-opa.co/4kiFsR7)

With this landmark signature, Africa’s largest economy becomes the 54th member state of the Bank, cementing a major strategic partnership and ushering in a new era of pan-African financial and trade cooperation. This accession reflects a shared commitment to strengthening Africa’s economic sovereignty and accelerating continental integration.

Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, described the accession as a “decisive step toward uniting around the continent’s economic interests.”

South African President H.E. Cyril Ramaphosa stated: “South Africa’s accession to Afreximbank confirms our commitment to advancing African industrial development and deepening trade, investment, and development across the continent.”

Afreximbank Announces USD 8 Billion Country Programme

To operationalize this partnership immediately, Afreximbank will deploy an USD 8 billion Country Programme in South Africa aimed at:

  • Stimulating industrial development
  • Strengthening regional supply chains
  • Expanding intra-African trade
  • Increasing continental investment flows

Aligned with South Africa’s National Development Plan 2030, the programme targets strategic sectors including healthcare, financial services, manufacturing, energy, and mining.

Watch the Ceremony Replay

Africa24 and Africa24 English invite audiences to watch the full official ceremony and key addresses in replay across all platforms:

  • AFRICA24 TV (French – Channel 249 on Canal+ Africa)
  • AFRICA24 English (Channel 254 on Canal+ Africa)
  • myAfrica24, the continent’s leading HD streaming platform
  • https://Africa24TV.com/

Through this special broadcast, Africa24 Group reaffirms its commitment to covering Africa’s major milestones in economic integration and transformation.

Africa24 Group – Together, transforming Africa.

Distributed by APO Group on behalf of AFRICA24 Group.

Press Contact:
Communication Department – Africa24 Group

Gaëlle Stella Oyono
Email: onana@africa24tv.com
Tel/WhatsApp: +237 691 30 03 40
https://Africa24TV.com/

ABOUT AFRICA24 GROUP:
Founded in 2009, Africa24 Group is the continent’s leading television and digital media network, operating four full HD channels distributed across major global platforms. A trusted reference among decision-makers and executives, Africa24 in French and Africa24 English are pioneers and leaders in African news broadcasting.

Africa24 has expanded its leadership into sports with Africa24 Sport, the continent’s first dedicated sports news channel, and into creative industries with Africa24 Infinity, a channel dedicated to showcasing Africa’s creative talent in music, arts, culture, fashion, and design.

As the continent’s leading audiovisual brand, Africa24 Group operates four full HD television channels, each a leader in its segment:

  • AFRICA24 TV: Leading African news channel in French
  • AFRICA24 English: Leading African news channel in English
  • AFRICA24 Infinity: Channel dedicated to creative industries
  • AFRICA24 Sport: First African sports news and competitions channel

Africa24 Group also operates myAfrica24 (available on Google Play and the App Store), the first global HD streaming platform dedicated to Africa, accessible on television, tablet, smartphone, and computers. More than 120 million households worldwide have access to Africa24 channels through major operators including Canal+, Bouygues, Orange, Bell, and others, with over 8 million digital and social media subscribers.

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AFRICA24 Group
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Africa24 Group invites viewers to relive, in full replay on Africa24 and Africa24 English, the official historic ceremony marking the Republic of South Africa’s accession to the Establishment Agreement of Afreximbank (African Export-Import Bank), the continent’s leading multilateral financial institution.

The complete ceremony replay is available here (https://apo-opa.co/4kiFsR7)

With this landmark signature, Africa’s largest economy becomes the 54th member state of the Bank, cementing a major strategic partnership and ushering in a new era of pan-African financial and trade cooperation. This accession reflects a shared commitment to strengthening Africa’s economic sovereignty and accelerating continental integration.

Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, described the accession as a “decisive step toward uniting around the continent’s economic interests.”

South African President H.E. Cyril Ramaphosa stated: “South Africa’s accession to Afreximbank confirms our commitment to advancing African industrial development and deepening trade, investment, and development across the continent.”

Afreximbank Announces USD 8 Billion Country Programme

To operationalize this partnership immediately, Afreximbank will deploy an USD 8 billion Country Programme in South Africa aimed at:

  • Stimulating industrial development
  • Strengthening regional supply chains
  • Expanding intra-African trade
  • Increasing continental investment flows

Aligned with South Africa’s National Development Plan 2030, the programme targets strategic sectors including healthcare, financial services, manufacturing, energy, and mining.

Watch the Ceremony Replay

Africa24 and Africa24 English invite audiences to watch the full official ceremony and key addresses in replay across all platforms:

  • AFRICA24 TV (French – Channel 249 on Canal+ Africa)
  • AFRICA24 English (Channel 254 on Canal+ Africa)
  • myAfrica24, the continent’s leading HD streaming platform
  • https://Africa24TV.com/

Through this special broadcast, Africa24 Group reaffirms its commitment to covering Africa’s major milestones in economic integration and transformation.

Africa24 Group – Together, transforming Africa.

Per Kind Favour of APO

Africa Fact: The ancient Egyptian city of Kahun was the world’s first planned city. Rectangular and walled, the city was divided into two parts. One part housed the wealthier inhabitants – the scribes, officials and foremen. The other part housed the ordinary people. The streets of the western section in particular, were straight, laid out on a grid, and crossed each other at right angles. A stone gutter, over half a metre wide, ran down the centre of every street.

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Category: BusinessTag: APO

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  1. Hang 11

    5 February 2026 at 11:03 am

    Property II: South Africa is ranked 23rd out of 81 countries in the Jones Lang LaSalle’s “World’s most Transparent Real Estate Markets” placing it well ahead of the other BRICS countries. “Robust governance, strong auditing and a developed legal system” were cited as the main reasons for leading the developing markets in this rating. Another indicator that investing in property in South Africa is a smart move.

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