African Export–Import Bank
African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It was officially launched at the first general meeting of the shareholders in Abuja, Nigeria, in October 1993. It is headquartered in Cairo, Egypt. Afreximbank is a financial provider to African governments and private businesses in support of African and Caribbean trade.
| Company type | Development finance institution |
|---|---|
| Industry | Financial services |
| Founded | 1993 |
| Headquarters | 72B, El Maahad El-Eshteraky Street, Heliopolis, Cairo, Egypt. |
Area served | Africa |
Key people | Benedict Okey Oramah (President and Chairman of Board of Directors) Denys Denya(Executive Vice President, Finance, Administration and Banking Services) George Elombi(Executive President, Corporate Governance and Legal Services) Kanayo Awani(Executive President, Intra-African Trade Bank) |
Net income | US$ 450 million (2022) |
| Total assets | US$ 31.10 billion (2022) |
| Total equity | US$ 5.21 billion (2022) |
| Capital ratio | 27 % (Sept. 2022) |
| Rating | Moody's: Baa1/P-2 (Stable)
Fitch: BBB /F3 (Stable) Japan Credit Rating: (A−, Stable) |
| Website | www |
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