The African Export-Import Bank (Afreximbank) and its subsidiaries announced solid results for the fiscal year ended December 31, 2025, highlighting sustained financial resilience, increased market confidence, and strategic execution.
Total assets and contingent liabilities increased by 21%, rising from $40.1 billion as of December 31, 2024, to $48.5 billion, underscoring the bank’s consistent growth trajectory.
According to an official statement, the group’s net loans and advances ended the year at $33.5 billion (fiscal year 2024: $29.0 billion), a 16% increase, supported by continued disbursements across the continent and the Caribbean through various product offerings. The group financed strategic priority areas such as manufacturing, infrastructure, food security, and climate change adaptation.
The group’s Non-Performing Loan (NPL) ratio remained stable at 2.43% (FY 2024: 2.33%), demonstrating consistent portfolio quality.
The liquidity position remained strong, with cash and cash equivalents totaling $6.0 billion. Net assets accounted for 14% of total assets, above the bank’s strategic minimum level of 10%. Capital increased by 17% to $8.4 billion as of December 31, 2025, driven by net income of $1.2 billion and new capital inflows of $299.4 million raised under the General Capital Increase II.
Gross income increased by 6.06%, reaching $3.5 billion in fiscal year 2025, compared to $3.3 billion in fiscal year 2024.
Operating expenses increased to $459.2 million, reflecting the strategic expansion of the workforce and inflationary pressures, with the group maintaining strong cost efficiency, resulting in a cost-to-income ratio of 21%, well below the strategic threshold of 30%.
Contrary to concerns raised by some rating agencies during the year, Afreximbank accessed international bond markets, successfully raising over $800 million in Japan and China through Samurai and Panda bonds in 2025. This demonstrated the group’s fundraising capabilities and the solid nature of the bank’s DNA as a pan-African multilateral financial institution committed to ensuring that Africa’s full and sustainable self-sufficiency remains firmly in place.
Net income rose 19% to $1.2 billion in 2025, compared with $973.5 million in the previous fiscal year. These results were achieved through the expansion of tailored financial and advisory solutions that supported trade, promoted industrialization, and strengthened economic self-sufficiency.
The highlights of the Afreximbank Group’s results are presented below:
According to Afreximbank’s Senior Executive Vice President, Denys Denya, “despite ongoing global geopolitical challenges and disruptions caused by certain credit rating actions, the group posted an excellent financial performance in 2025, with total assets and contingent liabilities reaching $49 billion.”
It is gratifying, he said, to note that Afreximbank is well ahead of most of its targets in fulfilling its 6th Strategic Plan, which ends on December 31, 2026. With newly established subsidiaries becoming profitable, net income grew by 19%, reaching $1.2 billion, supported by a solid capital base of $8.4 billion.
According to the executive, “we entered the 2026 fiscal year with significant momentum, ready to expand the bank’s impact, accelerate trade integration and value creation across Greater Africa, and deliver greater value to our shareholders,” he concluded.
