Afreximbank Strikes US$1 Billion Deal at AAM2025 to Boost African Investments

Jul 23, 2025 - 12:04
Afreximbank Strikes US$1 Billion Deal at AAM2025 to Boost African Investments

Abuja, Nigeria – 23 July, 2025 – The African Export-Import Bank (Afreximbank) has secured US$1 billion in investment-ready projects at its 32nd Annual Meetings (AAM2025) in Abuja, Nigeria.

Four major project preparation agreements were signed, paving the way for significant investments in key sectors across Africa.

From energy to healthcare and manufacturing, these deals reflect Afreximbank’s determination to move beyond promises and deliver real, measurable progress. In Kenya, the groundwork has begun for a world-class pharmaceutical plant. In Zimbabwe, Africa’s largest hybrid solar project is taking shape. In Nigeria, a new 500 MW power plant is advancing toward bankability and in Malawi, a joint facility with NBS Bank is poised to drive priority sector development.

Each deal underscores a broader commitment to de-risking investment and building infrastructure that powers trade, supports industry, and improves lives.

These projects demonstrate Afreximbank's commitment to delivering tangible results and promoting economic development in Africa. By investing in infrastructure, energy, healthcare, and manufacturing, Afreximbank aims to power trade, support industry, and improve lives.

Afreximbank's initiatives align with its goal of boosting intra-African trade and investment. The bank has been working to support various projects across the continent, including industrial parks, special economic zones, and infrastructure development. With a focus on de-risking investments and building infrastructure, Afreximbank is poised to drive economic growth and transformation in Africa

Source: Lead News Online