2025年非洲贸易报告（英）-非洲银行

African Trade Report 2025African Trade in a Changing Global Financial Architecture@afreximbank African Export-Import BankAfrican Trade Report 2025African Trade in a Changing Global Financial Architecture© Copyright Afreximbank, Cairo 2025. All rights reserved. No part of this publication may be reproduced or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise or stored in any retrieval system of any nature without the prior, written permission of the African Export-Import Bank, application for which shall be made to the Bank. 978-92-95097-44-5HEAD OFFICE African Export-Import Bank 72(B) El Maahad El Eshteraky Street Heliopolis, Cairo 11341 P O Box 613 Heliopolis Cairo 11757, Egypt Tel: +202 24564100/1/2/3 Email. info@afreximbank.com Website: www.afreximbank.com The global financial and trade architecture is undergoing profound transformation. Geopolitical fragmentation, rising protectionism, volatile capital flows, and a growing tendency towards deglobalisation are redrawing the contours of international economic cooperation that have prevailed since the end of World War II. For the nations of the African continent, this volatile environment presents significant challenges. But it also presents the historic opportunity to reposition themselves within the global economy and redefine the trajectory of their development.African economies face a complex web of structural constraints, including a persistent continent-wide trade finance gap estimated at about US$100 billion annually, regulatory dissonance, exchange rate volatility, and macroeconomic instability. Compounding these constraints are sovereign debt vulnerabilities, infrastructure deficits, and systemic biases embedded in global financial systems, among them skewed credit rating methodologies, limited access to concessional finance, and underrepresentation in global decision-making bodies.These challenges call not for retreat. They demand leadership, reform, and coordinated action. This 2025 edition of the African Trade Report, produced by the African Export-Import Bank (Afreximbank), provides a timely and rigorous assessment of how Africa can navigate this period of structural change. The report, “African Trade in a Changing Global Financial Architecture,” provides comprehensive analysis of the changing financial landscape, macroeconomic conditions, developments in global and African trade, commodity markets, and prospects for growth and trade in the years ahead. Together, it outlines a roadmap for systemic reform, institutional renewal, and strategic investment across the continent. Africa’s response to today’s challenges must centre around bold reconfiguration of its financial and trade systems. Afreximbank and other regional development institutions that make up the Alliance of African Multilateral Financial Institutions (AAMFI) are scaling up counter-cyclical support, innovating in trade and project finance, and enabling industrial