African Export Import Bank - Afreximbank

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African Export Import Bank - Afreximbank Afreximbank, established in 1993 by African and global investors to finance and promote Intra- and Extra-African trade.

This is the Official Page of The African Export-Import Bank (Afreximbank), Pan-african Financial Institution established with the purpose to accelerate the growth of Trade in Africa. As an international organization registered by the United Nations (in accordance with Article 102 of the UN Charter), the bank benefits from a supranational status. As of December 2024, Afreximbank has 53 participating African member states and 12 participating Caribbean states ratified under the Partnership Agreement with the Caribbean Community (CARICOM) in its shareholding structure, which confers on the Bank the status of preferred creditor for facilities it provides in these countries. The Bank is headquartered in Cairo, Egypt and has Regional offices in Abuja, Nigeria; Harare, Zimbabwe; Abidjan, Cote d’Ivoire, Yaounde, Cameroon and Kampala, Uganda.

Botswana’s story is one of transforming natural wealth into long-term economic opportunity - while building a more diver...
30/09/2026

Botswana’s story is one of transforming natural wealth into long-term economic opportunity - while building a more diversified, competitive and resilient economy beyond diamonds.

On Independence Day, we celebrate the Republic of Botswana and its longstanding partnership with Afreximbank, grounded in a shared ambition to strengthen productive capacity, expand trade and support the country’s economic transformation.

A major milestone in this partnership came in 2022, when Afreximbank announced a three-year Country Programme of up to US$1.5 billion to support Botswana’s development priorities. The programme spans areas including transport infrastructure, manufacturing, mining, export agriculture, industrial development, local content and the creative economy.

Afreximbank’s engagement also extends to Botswana’s mining sector, supporting investment and financing to help the country capture greater value from its mineral resources and strengthen the industries around them.

This is particularly important as Botswana continues to diversify an economy in which diamonds remain a major source of export earnings. The opportunity ahead is to deepen value addition while expanding manufacturing, agriculture, services and other productive sectors that can create jobs and strengthen regional trade.

Today, we celebrate the people, enterprises and industries shaping Botswana’s next chapter - from its diamond sector and cattle industry to its manufacturers, entrepreneurs, tourism assets and growing role in African trade.

How many Botswana landmarks, products and industries can you recognise?
Happy Independence Day, Botswana! 🇧🇼

A new chapter for Africa’s energy and industrial future begins in Lamu.Today, Afreximbank, represented by Dr George Elom...
30/09/2026

A new chapter for Africa’s energy and industrial future begins in Lamu.

Today, Afreximbank, represented by Dr George Elombi, President and Chairman of the Board of Directors, joined H.E. Dr William Samoei Ruto, President of the Republic of Kenya, fellow African leaders and Mr Aliko Dangote, President and Chief Executive of Dangote Industries Limited, for the historic groundbreaking of the Dangote East Africa Refinery and Petrochemical Complex in Lamu, Kenya.

The US$16 billion project, planned to process 700,000 barrels of crude oil per day, is expected to strengthen regional energy security, supply Kenya and neighbouring markets with African-refined petroleum products and create approximately 60,000 jobs.

Its significance goes beyond refining capacity. At a time of geopolitical uncertainty and disruptions to global energy and shipping routes, the project represents the productive capacity Africa needs to process more of its resources locally, retain greater value, strengthen regional supply chains, and reduce dependence on imported refined products.

For Afreximbank, it also reflects a wider ambition - moving Africa from exporting raw materials and importing finished products toward an economy that refines, manufactures, adds value, and trades more with itself.

Afreximbank has been a longstanding partner of Kenya and the Dangote Industries Limited Group. In 2023, the Bank launched a US$3 billion Country Programme for Kenya to support priority public and private-sector investments. Since 2015, Afreximbank has also invested approximately US$15 billion in the Dangote Group, supporting its industrial expansion and productive capacity across the continent.

The Lamu refinery shows what's possible when African governments, enterprises, and financial institutions work together to deliver strategic projects at scale - strengthening energy security, accelerating industrialisation, and expanding intra-African trade.

30/09/2026

Can you guess where we are? 👀

Think world-famous tea and coffee, Maasai heritage, safari country, a thriving flower industry, M-Pesa, the Port of Mombasa and a major gateway for East African trade.

Another clue: this Afreximbank member country acceded to the Bank’s Establishment Agreement in 1993.

And now, Lamu is set to take on even greater strategic significance with the forthcoming Dangote refinery.

Surely we’ve given it away?

What does it take to turn the idea of Global Africa into a functioning economic community? At the Global Africa Business...
30/09/2026

What does it take to turn the idea of Global Africa into a functioning economic community?

At the Global Africa Business Initiative Fireside Chat on “The New Global Africa Economy: The Work Ahead for the World Ahead,” conversation moderated by Ahunna Eziakonwa, UN Under-Secretary-General and Special Adviser on Africa, Afreximbank President and Chairman of the Board of Directors, Dr. George Elombi, joined H.E. Mia Amor Mottley, Prime Minister of Barbados, to explore how Africa, the Caribbean and the wider diaspora can translate longstanding ties into stronger flows of trade, investment and capital.

The Bank’s experience in the Caribbean offers a practical model. Since launching its Caribbean Initiative in 2022, Afreximbank has increased its financing commitment to the region from US$1.5 billion to US$5 billion, established its first regional office outside Africa in Barbados, and broken ground on the Afreximbank Africa Trade Centre in Bridgetown. To date, 13 Caribbean countries have joined the Bank’s Partnership Agreement, with more than US$700 million in financing approved for the region.

But finance is only one part of the equation. The Bank is also supporting the development of the Caribbean Payment and Settlement System (CAPSS), alongside efforts to strengthen its connection with Africa’s payment infrastructure. The objective is to make it easier and more cost-effective for businesses across Africa and the Caribbean to transact without unnecessary dependence on third currencies.

The conversation also looked to what comes next, mobilising diaspora capital through the Afreximbank Global Africa Gateway, advancing the Global Africa Coalition as a platform for stronger institutional coordination, and extending the Bank’s partnership architecture into the wider Caribbean and Latin America, including Brazil and the Dominican Republic.

The lesson from the Caribbean is increasingly clear, solidarity becomes commerce when it is supported by capital, infrastructure, payment systems and institutions.

That is the work ahead - building the connections that allow Global Africa to trade, invest and create prosperity together.

Strengthening Africa’s industrial capacity through African manufacturing.Afreximbank has signed a EUR 40 million Revolvi...
30/09/2026

Strengthening Africa’s industrial capacity through African manufacturing.

Afreximbank has signed a EUR 40 million Revolving Working Capital Facility with Prometal SA, one of Cameroon’s leading steel manufacturers, to support its continued growth and industrial operations.

Since commencing operations in 2010, Prometal has invested more than EUR 186 million across seven factories, expanding local manufacturing capacity and reducing reliance on imported steel and metal products. Today, the company serves approximately 70% of Cameroon’s steel products and construction materials market.

The facility will support Prometal as it enters its next phase of growth, including expansion into Guinea and Gabon, investment in local iron resources and further development of its agro-processing activities.

Through partnerships such as this, Afreximbank continues to back African businesses that are producing locally, building industrial capacity and creating more value within the continent’s economies.

To read More:
EN: https://www.afreximbank.com/afreximbank-extends-eur-40-million-revolving-working-capital-facility-to-support-cameroons-prometal-sa/
FR: https://www.afreximbank.com/fr/afreximbank-accorde-une-facilite-de-fonds-de-roulement-renouvelable-de-40-millions-deuros-en-soutien-a-la-societe-camerounaise-prometal-sa/

Behind every trade deal that crosses African borders, there's a banker structuring it, a compliance officer protecting i...
30/09/2026

Behind every trade deal that crosses African borders, there's a banker structuring it, a compliance officer protecting it, and a business waiting on working capital to keep moving. This November, we're bringing all three worlds to Gaborone.

📍 16-19 Nov 2026 | Gaborone, Botswana

Register now: seminars.afreximbankevents.com

30/09/2026

Africa’s creative industries are shaping culture, building businesses and reaching new markets. This November, the people driving that growth will meet in Lagos.

Join us at Creative Africa Nexus - CANEX WKND 2026 for four days of connections across film, music, fashion, literature, visual arts, gastronomy and sport. Creatives and entrepreneurs from Africa, the Caribbean and the wider diaspora will meet buyers, investors, financiers and industry leaders to explore new opportunities.

Bring your ideas. Meet the people who can help take them further.

📍 Lagos, Nigeria
📅 5–8 November 2026

🔗 Register: https://wknd.canex.africa

How can technology and AI help bridge the correspondent banking gap?At Sibos Miami, Afreximbank will explore an alternat...
30/09/2026

How can technology and AI help bridge the correspondent banking gap?

At Sibos Miami, Afreximbank will explore an alternative approach to financial inclusion: using technology to strengthen anti-money laundering (AML) and sanctions due diligence so that financial institutions in underserved markets can build stronger international banking connections.

Join Kwabena Ayirebi, Managing Director, Banking Operations, and Cyril Bitanda, Head, Trade Finance and Correspondent Banking, for “Financial Inclusion: An Alternative Approach to Serving the Unbanked.” They will discuss how an approach implemented across Africa could help address similar correspondent banking challenges in other markets.

📅 Thursday, 1 October 2026 | 14:30–15:00
📍 Sibos Miami, Miami Beach Convention Center | Exhibitor Stage 1

What is a Bill of Exchange, and how does it formalise payment in international trade? A Bill of Exchange is a written in...
29/09/2026

What is a Bill of Exchange, and how does it formalise payment in international trade?

A Bill of Exchange is a written instruction requiring one party to pay a specified amount to another party, either immediately or on a future date.

In international trade, it formalises the payment obligation between an exporter and an importer, setting out the amount to be paid and when payment is due.

Understanding the instruments behind trade helps businesses navigate cross-border transactions with greater confidence.

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