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African Export-Import Bank (Afreximbank), together with its subsidiaries, has announced its results for the three months ended 31 March 2026. 

The Group said the results demonstrate its continued resilience, disciplined balance-sheet management, and strong deal execution despite a challenging global operating environment. Its total credit exposure grew by 2% to US$42 billion, up from US$41 billion as of 31 December 2025.

The statement noted that the performance reflected Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, as well as its strategic contribution to economic resilience across Africa and the Caribbean. 

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% from the same period in the prior year, driving the recorded growth in interest income. 

The Group’s liquidity position shows cash and cash equivalents of US$5.6 billion, representing 14% of total assets. Its non-performing loan (NPL) ratio of 2.40% is broadly in line with 2.43% at FY2025 and below the industry average. 

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter.

The Group’s total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million. Its profit for the period also increased to US$268.9 million, up from US$215.4 million in Q1 2025. 

The Group maintained a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports. 

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.