Also known as: Afreximbank · African Export – Import Bank · Africa-Export-Import Bank
African multilateral development bank providing trade finance, liquidity support, and member financing to African nations, recently ending ties with Fitch Ratings and launching a $10 billion Gulf Crisis Response Programme.
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The Namibian
Afreximbank is organizing AfCFTA training for Namibian and African businesses
“BUSINESSES in Namibia are being targeted for the African Continental Free Trade Area(AfCFTA) training through the Africa-Export-Import Bank (Afreximbank).”
Afreximbank eyes Namibian businesses boostThe Namibian
African Export-Import Bank (Afreximbank) made a headline commitment of US$11 billion to South Africa
“The multilateral bank's headline commitment of US$11 billion (about N$181.5 billion) not only aligns with South Africa's National Development Plan 2030, but also reiterates the nation's commitment to enhancing African industrial development.”
US$11b Bet on South Africa Signals a New Trade OrderThe Namibian
African Export-Import Bank (Afreximbank) has made available N$167.3 billion to all member states, including Namibia
“The African Export-Import Bank (Afreximbank) has made N$167.3 billion (US$10 billion) available to all member states, including Namibia.”
Afreximbank shields country with N$167 billionNew Era
African Export-Import Bank approved US$10 billion Gulf Crisis Response Programme
“the Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impact of the ongoing Gulf crisis.”
Afreximbank’s US$10b to shield African and Caribbean economiesThe Namibian
Afreximbank has terminated its credit-rating relationship with Fitch Ratings
“African Export-Import Bank (Afreximbank) has terminated its credit-rating relationship with Fitch Ratings.”
Afreximbank cuts ties with rating agencyThe Namibian
Afreximbank holds investment grade ratings assigned by GCR, Moody's, China Chengxin International Credit Rating Co. Ltd, and Japan Credit Rating Agency
“Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), and Japan Credit Rating Agency (JCR) (A-).”
Afreximbank cuts ties with rating agencyNew Era
African Export-Import Bank signed Memorandum of Understanding for pan African Gold Bank
“The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) recently signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank.”
Egypt and Afreximbank aim to formalise African gold value chainsThe Namibian
Afreximbank reported 12.4% rise in intra-African trade in 2024, reaching nearly N$3.5 trillion
“Afreximbank has already reported a 12.4% rise in intra-African trade in 2024, reaching nearly N$3.5 trillion.”
Africa’s Unity Won’t Come From Donors or DeclarationsThe Namibian
African Export-Import Bank has signed terms for US$1.4 billion facility for fertiliser plant in Angola
“The African Export-Import Bank (Afreximbank) and Amufert SA have signed terms for a US$1,4 billion (N$25 billion) facility to support the establishment of a fertiliser plant in Angola.”
Bank pledges N$25 billion for Angolan fertiliser plantThe Namibian
African Export-Import Bank is arranging required debt funding as mandated lead arranger
“Afreximbank is arranging the required debt funding in its capacity as mandated lead arranger and is also supporting the equity raise as one of the financial advisers through its advisory and capital markets unit.”
Bank pledges N$25 billion for Angolan fertiliser plantNamibian businesses are being targeted for African Continental Free Trade Area (AfCFTA) training through the Africa-Export-Import Bank (Afreximbank), which will take place in Egypt in June and is designed to equip participants with the skills and knowledge needed to participate in intra-African trade.
25 April 2026 · The Namibian →
Namibian businesses are being targeted for African Continental Free Trade Area (AfCFTA) training through the Africa-Export-Import Bank (Afreximbank), which will take place in Egypt in June and is designed to equip participants with the skills and knowledge needed to participate in intra-African trade.
25 April 2026 · The Namibian →
South Africa's accession to the African Export-Import Bank as its 54th member brings a $11 billion commitment to transform Africa's trade architecture through mineral processing, manufacturing, and critical infrastructure investment. The move positions the continent to retain value in raw materials and access global trade frameworks rather than exporting unprocessed minerals.
14 April 2026 · The Namibian →
The African Export-Import Bank has made N$167.3 billion (US$10 billion) available to member states including Namibia through its Gulf Crisis Response Programme to help countries cope with rising food, transport and oil prices caused by Middle East conflict. The liquidity will allow Namibian banks and corporates to maintain supplies of fuel, liquid nitrogen gas and fertilisers despite disruptions to key trade routes.
10 April 2026 · The Namibian →
The African Export-Import Bank approved a US$10 billion Gulf Crisis Response Programme to protect African and Caribbean economies from economic shocks caused by the escalating Middle East conflict, providing short-term foreign exchange support, financing for essential imports, and building resilience against future crises.
8 April 2026 · New Era →
A Namibian assessment of President Cyril Ramaphosa's 2025 State of the Nation pledges finds significant progress on energy reform and infrastructure investment, but widespread failure in local government service delivery, water provision, jobs creation, and health insurance rollout. The analysis concludes the president is "fixing the system but failing the street," where citizens experience repeated failure in municipal services, water crises, and public health.
10 February 2026 · The Namibian →
Afreximbank has terminated its credit-rating relationship with Fitch Ratings, stating that the agency's process does not accurately reflect the bank's establishment agreement, mission, and development-focused mandate. The move reflects broader criticism that international rating agencies show bias against African nations, with studies suggesting such biased assessments cost the continent up to N$1.2 trillion annually.
28 January 2026 · The Namibian →
The Central Bank of Egypt and African Export-Import Bank have signed a memorandum of understanding to establish a pan-African Gold Bank aimed at formalising gold value chains, strengthening central bank reserves, and reducing Africa's dependence on foreign refining and trading hubs. The initiative will commission a feasibility study for an integrated gold refinery and vaulting facility in Egypt, with plans to engage African governments, central banks, and mining companies across the continent.
6 January 2026 · New Era →