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Afreximbank Expands Balance Sheet Nearly Eightfold to $44Bln in 2025, Driving Africa's Development, Official Says

Afreximbank Expands Balance Sheet Nearly Eightfold to $44Bln in 2025, Driving Africa's Development, Official Says

Sputnik Africa

Afreximbank Expands Balance Sheet Nearly Eightfold to $44Bln in 2025, Driving Africa's Development, Official SaysThe number rose from $6 billion in 2015... 25.10.2025, Sputnik Africa

2025-10-25T18:19+0200

2025-10-25T18:19+0200

2025-10-25T18:24+0200

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Afreximbank Expands Balance Sheet Nearly Eightfold to $44Bln in 2025, Driving Africa's Development, Official SaysThe number rose from $6 billion in 2015, bank's President Benedict Oramah noted at a farewell conference in Cairo.Such growth was driven by a deliberate idea that Africa’s economic emancipation must come from within, with intra-African trade and investment—“arrowhead” of the bank's strategy, he emphasized.“Hundreds of years of history had shown us that external interests had been mostly predatory and parasitic, unless engaged from a position of strength and purpose,” Afreximbank's president stated.Afreximbank has also delivered strong financial returns to shareholders, paying out “an aggregate of almost $1.4 billion as dividends" from 2015 to 2024, Oramah added.AI-generated imageSubscribe to @sputnik_africa Sputnik Africa | X

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