adsAfrican Export-Import Bank (Afreximbank) posted a 25 percent increase in first-quarter (Q1 2026) profit as rising demand for trade finance and infrastructure funding across Africa and the Caribbean boosted lending income despite a challenging global environment.
The lender reported profit for the three months ended March 31, 2026, of $268.9 million, compared with $215.4 million in the corresponding period of 2025.
The strong earnings performance was driven by growth in the bank’s loan book and higher interest income from increased financing activities across member countries.adsads
Afreximbank said total credit exposure rose by 2 percent to $42 billion at the end of the first quarter, up from $41 billion as of December 2025, reflecting continued expansion in trade and trade-enabling infrastructure financing.
Average loans and advances during the quarter stood at $32 billion, representing an 8 percent increase compared to the same period last year.adsads
