Colors: Purple Color

African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and set to significantly transform housing and urban development across the continent and boost trade and investment.

With NATO governments moving from a 2% floor on defence spending to a higher long-term ambition (3.5% for core defence plus 1.5% for enablers), the imperative is clear: translate rising budgets into capability at speed and at lower cost.