The African Export-Import Bank (Afreximbank) has reported robust financial performance for the year ended December 31, 2025, highlighting strong balance sheet growth, increased investor confidence, and sustained execution of its strategic priorities across Africa and the Caribbean.
The Bank said its total assets and contingencies rose by 21 percent to $48.5 billion from $40.1 billion in 2024, reflecting continued expansion and deepening financial intermediation across key sectors. Net loans and advances also increased by 16 percent to $33.5 billion, driven by disbursements supporting manufacturing, infrastructure development, food security, and climate adaptation initiatives.
Despite global economic uncertainties and concerns raised by some rating agencies during the year, Afreximbank maintained strong asset quality, with its non-performing loan ratio remaining relatively stable at 2.43 percent, compared to 2.33 percent in 2024. The Bank also strengthened its liquidity position, reporting $6.0 billion in cash and cash equivalents, representing 14 percent of total assets—above its internal benchmark.
Shareholders’ funds grew by 17 percent to $8.4 billion, bolstered by net income of $1.2 billion and additional equity inflows of $299.4 million under the General Capital Increase II. Gross income rose modestly by 6.06 percent to $3.5 billion, while operating expenses climbed to $459.2 million, reflecting strategic expansion and inflationary pressures. Nonetheless, the Group maintained a strong cost efficiency, with a cost-to-income ratio of 21 percent, well below its 30 percent threshold.
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In a demonstration of market confidence, the Bank successfully accessed international capital markets, raising over $800 million through Samurai and Panda bonds issued in Japan and China, respectively, further underscoring its strong global funding profile.
Net income rose by 19 percent to $1.2 billion, up from $973.5 million in 2024, supported by expanded financial and advisory services aimed at boosting trade, advancing industrialisation, and strengthening Africa’s economic self-reliance.
Speaking on the results, Mr. Denys Denya, Senior Executive Vice President of Afreximbank, described the performance as a testament to disciplined execution and strong leadership. He noted that the Bank remains well ahead of its strategic targets, with subsidiaries such as FEDA and AfrexInsure already becoming profitable, adding to the Group’s overall strength.
He added that Afreximbank entered the 2026 financial year with strong momentum, positioning itself to further accelerate trade integration, drive value addition across Africa, and deliver increased returns to shareholders.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
