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Stimulating a consistent expansion, diversification, and development of African trade.
Afreximbank, officially known as the African Export-Import Bank, was established in 1993 with the mission to facilitate, promote, and expand intra-African and extra-African trade. Headquartered in Cairo, Egypt, the bank operates across the continent, providing financial solutions to support trade and development. Its core mission is to stimulate a consistent expansion, diversification, and development of African trade while operating under a mandate to finance and promote intra- and extra-African trade.
With a robust operational framework, Afreximbank has significantly impacted African trade by providing credit facilities, trade finance, and advisory services. The bank’s flagship initiatives include the Pan-African Payment and Settlement System (PAPSS) and the Intra-African Trade Fair, which have been instrumental in enhancing trade connectivity and economic integration across Africa. Afreximbank’s contributions have been pivotal in supporting trade-related infrastructure and fostering economic growth, benefiting numerous African businesses and economies.
Afreximbank serves a wide range of African countries, with key regional hubs in Nigeria, Zimbabwe, and Côte d’Ivoire. Its operations span across the continent, providing tailored financial solutions to meet the diverse needs of African economies and businesses. The bank’s interventions are designed to enhance trade capacity and economic integration across Africa.
Afreximbank’s key programs include the Pan-African Payment and Settlement System (PAPSS) and the Intra-African Trade Fair. These initiatives are aimed at facilitating trade and economic integration. The bank also offers various funding opportunities through trade finance facilities, credit lines, and advisory services to support African businesses and economies.
Afreximbank has achieved significant milestones, including facilitating billions of dollars in trade finance annually. The bank’s initiatives have led to increased intra-African trade volumes and enhanced economic integration. Its impact is recognized through numerous awards and accolades for its role in promoting African trade and development.
