The African Export-Import Bank (Afreximbank) has secured $2 billion through its largest-ever syndicated loan facility, signaling strong global investor confidence in the pan-African lender, Reuters reported.
The three-year dual-tranche deal comprises $1.73 billion in U.S. dollars and €228 million in euros, and will be used to refinance existing obligations and support general corporate operations, as reported by Reuters.
Initially launched with a $1.5 billion target, the facility attracted commitments of about $2.36 billion, making it significantly oversubscribed before being scaled back to the final amount. The transaction drew participation from 31 lenders across Europe, the Middle East, Asia, and Africa, reflecting broad international backing.
Afreximbank described the deal as a clear endorsement of its credit strength and continued access to global capital markets, with senior executives noting that it marks a milestone in the bank’s funding strategy and international positioning.
BusinessDay says the successful raise highlights sustained investor appetite for African trade finance institutions, even amid evolving credit rating dynamics and global market uncertainty, reinforcing Afreximbank’s role as a key driver of trade and economic development across the continent.
