Afrexim Bank

Africa Financial services

Afreximbank, the African Export–Import Bank, is a multilateral finance institution headquartered in Cairo.

Our investment

In 2018, we made a commitment of $100 million to Afreximbank in the form of a risk sharing guarantee programme to promote trade across Africa.

Expected impact

The facility will provide working capital to medium and large businesses in sub-Saharan Africa countries enabling confirming banks to increase their risk appetite.   Trade Finance supports the supply of inputs, typically commodities but also capital equipment, for industrial businesses in developing countries from their usually international supply chains. 

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Trade finance
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$100m