African countries need strong development banks: how they can push back against narratives to weaken them

By: Misheck Mutize, University of Cape Town, The Conversation

Outlets: The Conversation

Published: November 5, 2025

Words: 1,105

Last Updated: 2 weeks, 5 days ago

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A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development.

In recent months, powerful voices from the International Monetary Fund (IMF), the Paris Club and US investment bank JP Morgan have questioned the preferred creditor status of African multilateral development finance institutions. These institutions include the Africa Export-Import Bank (Afreximbank) and the Trade and Development …

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