Bloomberg The African Export-Import Bank (Afreximbank) said it’s considering an initial public offering to help finance rapidly increasing trade flows on the continent. The Cairo-based lender hired JPMorgan Securities Plc and HSBC Bank Plc as joint global coordinators and bookrunners, and Exotix Partners LLP as co-lead manager, according to a statement. The bank said the offering of global depositary receipts …

Bloomberg Singapore’s dollar is set to weaken because the central bank is likely to scrap its appreciation bias at a policy meeting next week, according to a growing group of forecasters. Mizuho Bank Ltd and Societe Generale SA are defying consensus by predicting the Monetary Authority of Singapore (MAS) will adjust the slope of its nominal-effective-exchange-rate policy band to zero, …

Bloomberg One of China’s biggest lenders is marketing a new dollar note linked to a Libor replacement, as borrowers across the globe move away from the scandal-ridden pricing benchmark. Bank of China Ltd’s Macau Branch is expected to price a floating-rate note tied to the Secured Overnight Financing Rate (SOFR) on Wednesday, according to a person familiar with the matter. …