INVESTIGATIVE FEATURE | Afreximbank’s $268.9M Q1 Profit, $10B Crisis Loans — and the Transparency Questions It Won’t Answer
Profit jumps 25%, yet Fitch’s junk downgrade and a shadowy $10B crisis lending programme expose Afreximbank’s credibility gap. KEHINDE ADEGOKE reports. Afreximbank’s net income surged 25% to $268.9 million in…