Afreximbank Posts $1.2bn Income As Assets Hit $48.5bn

The African Export-Import Bank has posted a strong financial performance for the 2025 financial year, with net income rising to $1.2 billion.
The pan-African multilateral lender, in its audited results for the year ended December 31, 2025, said total assets and contingencies grew by 21 per cent to $48.5 billion, up from $40.1 billion recorded in the corresponding period of 2024.
The bank’s loan book also expanded with net loans and advances increasing by 16 per cent to $33.5 billion from $29.0 billion in the previous year. The growth, according to the bank, was driven by continued disbursements across Africa and the Caribbean, targeting key sectors including manufacturing, infrastructure, food security and climate adaptation.
Despite the expansion, asset quality remained largely stable as the non-performing loan ratio stood at 2.43 per cent, compared to 2.33 per cent in 2024.
The Group’s liquidity position also improved, with cash and cash equivalents rising to $6.0 billion from $4.6 billion in the prior year. Liquid assets accounted for 14 per cent of total assets, exceeding the bank’s minimum threshold of 10 per cent.
Shareholders’ funds also rose by 17 per cent to $8.4 billion, supported by net earnings and fresh equity inflows of $299.4 million raised under its General Capital Increase II programme.
On the earnings side, gross income was up by 6.06 per cent to $3.5 billion, while operating expenses increased to $459.2 million from $367.7 million, reflecting staff expansion and prevailing inflationary pressures. However, the bank-maintained cost discipline, posting a cost-to-income ratio of 21 per cent, well below its strategic ceiling of 30 per cent.
Afreximbank had successfully accessed international capital markets, raising over $800 million through Samurai and Panda bonds issued in Japan and China during the year.
Commenting on the performance, senior executive vice President, Denys Denya, said the results were achieved despite global geopolitical headwinds and rating concerns.
“Despite continuing global geopolitical challenges and disruptions caused by some rating actions, the Group delivered excellent financial performance in 2025,” he said.

He added that the bank’s balance sheet remained at its strongest level yet, supported by robust liquidity, strong capitalisation and sound asset quality.

According to him, the performance reflects a decade of strategic leadership under the bank’s President, Benedict Oramah, and positions the institution ahead of targets set under its Sixth Strategic Plan, which runs through 2026.

Denya further noted that newly established subsidiaries, including AfrexInsure and the Fund for Export Development in Africa (FEDA), had begun contributing to profitability, reinforcing the Group’s earnings base.