Afreximbank Secures $2bn Three-Year Dual-Tranche Syndicated Loan, Indicating Robust Investor’s Confidence

Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for general corporate purposes.

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully concluded a new three-year Dual Tranche Syndicated Term Loan Facility totaling US$2 billion equivalent (raising US$1.73 billion and €228 million in US$ Facility A and EUR Facility B respectively). Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for general corporate purposes.

Initially launched at US$1.5 billion equivalent, the Facility was met with strong investor demand, achieving a substantial oversubscription with total commitments of US$2.36 billion equivalent. Lenders were, however, scaled back to the final hold of US$2 billion equivalent.