African Export – Import Bank

The African Export-Import Bank (Afreximbank), headquartered in Cairo, is a trade finance-focused development bank established in October 1993 as a multilateral trade development institution to finance and promote trade among African countries and between the continent and the rest of the world. Under the terms of its Establishment Agreement, and as a supranational institution, the Bank enjoys special privileges and exemptions in its Participating States and enjoys preferred creditor status in its countries of operation.

As a profit-oriented multilateral institution with a mixed public-private shareholder base, it focuses on private sector loans, guarantees and advisory services. Its four-tier shareholder base consists of: Class “A”, constituted of African states, African central banks and African public institutions; Class “B”, made up of African financial institutions and African private investors; Class “C”, with shares held by non-African investors, mostly international banks and export credit agencies; and Class “D”, under which shares are fully paid par value that can be held by any investor.

The Bank has Branch Offices in Abuja, Nigeria; Harare, Zimbabwe; and Abidjan, Cote d’Ivoire. Negotiations for a Branch Office in East Africa, are ongoing.

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