Afreximbank's net income rose 24% to $810 million in the nine months to September 2026, while net loans and advances grew 8% to $36 billion. Shareholders' funds reached $9 billion, supported by retained profits and $200 million of new equity.
The pan-African trade lender's growing profits and lending show its capacity to fund trade and project finance across the continent.
Afreximbank is raising a $1 billion syndicated loan that includes a tranche denominated in yuan, according to a paywalled report. The deal diversifies the bank's funding sources beyond dollar and euro markets.
Afreximbank, as sole lender, has disbursed $980 million to part-finance the management buyout of Oryx Energies SA, the holding company of Addax Energy. The deal brings Oryx under majority African ownership for the first time.
Ecobank Group reported profit before tax of $740 million for the nine months to September 2026, up 12% on a year earlier. Net revenue rose 12% to about $2 billion despite inflation, FX volatility and slower activity in parts of Africa.
