26th Afreximbank Annual Meetings (AAM2019)

Moscow, Russian Federation - 20 to 22 June 2019

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Afreximbank – The Trade Finance Bank For Africa

Providing financing solutions and advisory services for the expansion, diversification, promotion and development of Intra- and Extra-African Trade

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Promoting Intra-African Trade

Increasing cross-border trade in Africa and supporting the flow of goods and services between Africa and the Diaspora

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Industrialization And Export Development

Facilitating the structural transformation of Africa’s production and exports from primary commodities to higher value added and manufactured exports

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Over 25 Years of Supporting Africa’s Development

Supporting development of trade enabling infrastructure for industrialization and intra-African trade. Financing expansion of Africa’s manufacturing, agro-processing and service sectors

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Our Values

Uncompromising Integrity, Teamwork, Trust, Respect for the Individual, Innovation, Excellence, Flexibility and a Passion for Learning and Drive

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About Afreximbank

The Bank was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.

The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on 30 September, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. It has branch offices in Harare, Abuja and Abidjan and will open an East Africa branch office shortly.

Video Introduction

Key Facts

  • Intra-African Trade; Industrialization and Export Development
  • Trade Finance Leadership; Financial Soundness and Performance
  • Expanding, diversifying and developing Africa’s trade
  • Financing, promoting and expanding intra- and extra-African trade
  • Our credit ratings are BBB+(GCR), Baa1 (Moody’s) and BBB- (Fitch)
  • Afreximbank celebrated its 25th Anniversary at its 2018 AAM

Transforming African Trade

  • African Continental Free Trade Agreement (AfCFTA)

    • Implementation promises Africa growth, diversification of sources of growth and exports, development of regional and global value chains;
    • Will drive the integration of African countries into the global economy and enhance their bargaining power in international trade negotiations;and
    • Transcending institutional and non-tariff trade barriers will enable economies of scale to increase Africa’s efficiency and competitiveness.
  • Higher growth and trade development requirements

    • Require African countries to eliminate tariff and non-tariff barriersto drive intra-African tradeand economic development pan-Africa
    • Needs development and modernization of infrastructure, export-orientatedbusinessesas well as for supporting businesses; and
    • Afreximbank can play a pivotal role in providing, or marshalling, the availability of the necessary financing to drive Africa’s transformation.
  • Afreximbank understands African trade better than any other institution

    • Afreximbank was set up by African governments under a Charter in 1993,now signed by 50 countries, as an international multilateral organization;
    • The Bank has a good credit rating, that African financial institutions can leverage on, and we have the ears of 50 African heads of state; and
    • We understand the issues in each country, can support countries to find trade finance solutions and can more easily resolve issues arising.
  • Afreximbank’s Development Impact on Africa

    • Promotion of intra-African trade in manufactures and effective participation of African entities in the continent’s extractive industries;
    • Supporting industrialization, export development and diversification, expanding capacity and supporting SMEs to increase efficiencies; and
    • Facilitating trade-enabling infrastructure, to support intra-African trade and industrialization in Africa, and providing Trade Finance leadership.