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Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn

Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn The African Export-Import Bank has reported a stellar financial performance for the 2025 fiscal year, characterised by significant bottom-line growth and a massive expansion of its balance sheet to support trade across the continent. The bank’s net profit...

Afreximbank Targets $40bn to Strengthen Intra-African Trade

Afreximbank has reaffirmed its commitment to scaling up intra-African trade, industrialisation, and value-chain development.

Dangote Seeks $5bn for Refinery Expansion – Afreximbank

The new President and Chairman of the Board of Directors of the African Export-Import Bank, George Elombi, on Saturday disclosed that Africa’s richest man, Aliko Dangote, is seeking an additional $5bn to expand his refinery in Lagos.

Nigeria’s Annual Loss to Medical Tourism Hits $1.1bn – Afreximbank

Nigeria's Annual Loss to Medical Tourism Hits $1.1bn - Afreximbank   The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the...

Nigeria, Two Others Dominate Africa’s External Debt Stock

A recent report released by the African Export-Import Bank (afreximbank) says three countries, South Africa, Egypt, and Nigeria, are responsible for one-third of Africa’s external debt stock.

Afreximbank Funds Boost Nigeria’s Economy with $50bn – Oramah

Afreximbank Funds Boost Nigeria's Economy with $50bn - Oramah   Afreximbank has disbursed a total of $50bn in Nigeria over the past decade, making significant contributions to the country’s key sectors, including energy, manufacturing, healthcare, transport, and financial services. The President and Chairman of the Board of...