Afreximbank grows assets to $48.5bn
The African Export-Import Bank (Afreximbank) has disclosed that it grew its total assets and contingencies to $48.5 billion in 2025, highlighting strong financial performance and reinforcing its role in funding trade, industrialisation and infrastructure across Africa and the Caribbean. The bank also reported a 21% increase in total assets and contingencies from $40.1 billion as […]
The African Export-Import Bank (Afreximbank) has disclosed that it grew its total assets and contingencies to $48.5 billion in 2025, highlighting strong financial performance and reinforcing its role in funding trade, industrialisation and infrastructure across Africa and the Caribbean.
The bank also reported a 21% increase in total assets and contingencies from $40.1 billion as at December 31, 2024, underlining sustained balance sheet expansion despite global geopolitical tensions and rating pressures.
“Despite continuing global geopolitical challenges and disruptions caused by some rating actions, the group delivered excellent financial performance in 2025, a fitting tribute to a decade of consequential leadership under Benedict Oramah, with total assets and contingencies reaching $49 billion,” Denys Denya, Afreximbank’s senior executive vice president said.
He added that, “Pleasingly, the group is way ahead on most of its targets in delivery on its 6th Strategic plan that ends on December 31, 2026. With recently established subsidiaries such as FEDA and AfrexInsure becoming profitable, net income grew by 19% to stand at $1.2 billion, underpinned by a strong capital base of $8.4 billion.
“The group’s balance sheet is at its strongest level ever, with liquidity levels and capitalisation well above target and good asset quality. These results are a testament to the unwavering execution by the group’s hard working human capital.
“We entered the 2026 financial year with significant momentum, ready to scale the group’s impact, accelerate trade integration and value addition across Global Africa, and deliver greater value to our shareholders.”
“Net loans and advances closed the year at US$33,5 billion, representing a 16% increase, supported by continued disbursements across Africa and the Caribbean through a range of financing instruments,” he further explained.
The bank added that Liquidity also remained strong, with cash and cash equivalents at $6.0 billion.
Liquid assets accounted for 14% of total assets, above the bank’s strategic minimum threshold of 10%. Shareholders’ funds rose 17% to $8.4 billion, supported by net income and fresh equity inflows raised under the General Capital Increase II.
Gross income increased by 6,06% to US$3.5 billion. Operating expenses also rose to $459.2 million, reflecting strategic staff expansion and inflationary pressures, although the group maintained strong cost efficiency with a cost-to-income ratio of 21%, well below the strategic ceiling of 30%.
“Contrary to concerns raised by some rating agencies during the year, the bank accessed international bond markets by successfully raising over US$800 million from Japan and China, courtesy of the Samurai and Panda bonds in 2025,” the Bank further noted in a statement Thursday.
“This demonstrated the group’s fund-raising capabilities and the solid nature of the Bank’s DNA as a pan-African multilateral financial institution committed to ensuring that Africa’s full and sustainable self-reliance remains firm.”