South Africa Joins Afreximbank, Announces US$8bn Country Programme

South Africa becomes the 54th state to accede to the Bank’s Establishment Agreement, which constitutes a historic milestone as the two partners seek to unlock trade opportunities within a global financial architecture

The Republic of South Africa has today officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading Multilateral Financial Institution, marking the formal entry of one of Africa’s largest economies into the Bank’s membership, heralding deeper financial sovereignty.  The accession follows the South African Parliament’s…

Afreximbank bolsters Angola’s Energy Sector with a $1.75-billion facility for Sonangol

The strategic financing will support Sonangol’s projected operating and capital expenditure requirements

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support…

Levene Energy Secures $64M Facility from Afreximbank to Acquire Strategic Stake in Axxela Limited

This landmark transaction provides Levene Energy with direct entry into Nigeria’s regulated midstream and downstream gas sectors

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco Limited (the “Acquirer”) enabling the acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas…

Ministry of Finance Ghana and Afreximbank announce successful resolution of US$750 million facility

The Government of the Republic of Ghana, acting through the Ministry of Finance, and the African Export-Import Bank (Afreximbank) (https://Afreximbank.com/) are pleased to announce successful resolution of the issues surrounding the US$750 million facility signed in 2022, to the satisfaction of both parties, enabling both parties to continue to partner…

Afreximbank backs Heirs Energies with $750-million facility, boosting Nigeria’s domestic energy capacity

Heirs Energies plays a pivotal role in Nigeria’s oil and gas industry, where crude oil remains a resource of critical national and international importance

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy’s capital structure and unlock critical liquidity to support its working capital requirement as it pursues its ambitious field development programme. The investment is expected to significantly transform Nigeria’s domestic…

FG Gold, Africa Finance Corporation (AFC) and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

This milestone unlocks one of the most significant project financing deals in the country’s history and supports Sierra Leone’s ambition to responsibly harness its mineral resources

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment

Through the cooperation, ICIEC and Afreximbank will align their strategic decision-support tools, developing synergies to better serve public- and private-sector actors across their respective networks

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and African Export‑Import Bank (Afreximbank) (www.Afreximbank.com) are pleased to announce the signing of a memorandum of understanding (MoU) to strengthen their cooperation in promoting trade and…

The Fund for Export Development in Africa (FEDA) Announces Landmark Investment in Africa Minerals and Metals Processing Platform (A2MP) to Drive Africa’s Mining and Industrial Transformation

This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring the continent’s vast mineral wealth becomes a catalyst for sustainable economic growth rather than a source of continued resource dependency

The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), is pleased to announce a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP). This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring…

Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition

Founded in 2022, Spiro operates Africa’s most extensive and fastest growing battery-swapping network, with more than 60,000 electric motorcycles and 1,200 swapping stations

The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank’s broader…

Afreximbank renews partnership with African Association of Automotive Manufacturers (AAAM) to promote industrialisation of Africa’s automotive sector

The Africa Automotive Show held at IATF2025 brought together players in the automotive sector, including manufacturers, subcontractors and equipment manufacturers

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector. The MoU was signed on the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in…