Afreximbank Joins €2bn Loan Facility with Bank of Industry in London Syndicate

Afreximbank has joined a consortium of financial institutions to join a €2bn loan facility in London, supporting the Bank of Industry's operations. The syndicated term loan is a significant partnership for the African Export-Import Bank.

The African Export-Import Bank (Afreximbank) has joined a consortium of financial institutions in London to sign a landmark syndicated term loan facility worth up to €2 billion with the Bank of Industry. This significant deal marks an important milestone for Afreximbank, strengthening its position as a key player in facilitating trade and commerce across Africa. The facility will provide vital funding support to businesses operating within the Bank of Industry's network, enabling them to expand their operations and increase productivity. The partnership underscores the growing collaboration between African institutions and international financial partners to drive economic growth and development on the continent.