The African Export-Import Bank (Afreximbank) recorded a 30 percent increase in net income to $534.7 million in the first half of 2026, driven by higher lending and growth in interest and fee income.
The bank’s net income rose from $412.7 million recorded in the corresponding period of 2025, while net loans and advances increased by 5.7 percent to $35.4 billion at the end of June 2026, compared with $33.5 billion at the end of 2025.
The stronger lending performance contributed to a 22 percent rise in net interest income to $1 billion, from $0.84 billion in the first half of 2025.
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Fee and commission income also increased by 15 percent to $71.1 million from $61.9 million, supported by higher fees from guarantees, letters of credit and advisory services.
