Gross Income US$3.3 billion +23% (vs. US$2.6 billion)
Net Income US$973.5 million +29% (vs. US$756.1 million)
Total Assets + Contingents US$40.1 billion +7.55% (vs. US$37.3 billion)
Net Loans & Advances US$29.0 million +8.54% (vs. US$26.7 billion)
NPL Ratio 2.33% (Improved from 2.47%)
Liquidity Ratio 13% (vs. 17%)
Cost-to-Income Ratio 18% (vs. 19%)

Afreximbank, in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria will hold the Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria, from 4-10 September 2025. The event, the largest of its kind in Africa, champions the cause of changing the socio-economic landscape of Africa by devising progressive initiatives aimed at promoting intra-African trade, continental integration and a platform for bringing the AfCFTA vision to life.

Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures, and elevated interest rate, posting a net income of US$973.5 million for FY 2024, a 29% increase from the previous year – with subsidiaries beginning to make meaningful contributions to the Group’s financial results.

Afreximbank continued to expand its membership, further deepening its continental and diaspora reach. Libya’s accession to the Establishment Agreement brought the number of African member states to 53 by year-end, and just weeks later, Somalia became the 54th participating state. On the Caribbean front, membership momentum remained strong, with 12 of the 15 CARICOM countries having signed the Bank’s Participating Agreement, paving way for Afreximbank to expand its operations into the region.