Afreximbank’s $11bn bet on SA signals new trade order
Tuesday, April 21, 2026 | 0 Views |
Mzwandile Masina
South Africa’s membership is expected to influence economies far beyond the Southern African region, extending into East, West, and North Africa.
Afreximbank’s headline commitment of $11 billion not only aligns with South Africa’s National Development Plan 2030 but also reinforces the country’s commitment to advancing African industrial development.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...