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    Afreximbank Records 25% Rise in Q1 2026 Net Income

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiMay 22, 2026No Comments1 Min Read
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    Afreximbank Records 25% Rise in Q1 2026 Net Income
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    Afreximbank Records 25% Rise in Q1 2026 Net Income

    The African Export-Import Bank (Afreximbank) has announced a 25 per cent growth in net income for the first quarter of 2026, driven by strong lending activities, disciplined balance sheet management, and improved profitability.

    A statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Friday stated that the financial result was for the three months that ended March 31, 2026.

    According to the statement, the performance underscores its resilience and strong deal execution in a challenging global operating environment.

    It stated that the Group expanded its lending activities in Q1 2026, resulting in total credit exposure increasing by two per cent to reach a portfolio of 42 billion dollars, compared to 41 billion dollars recorded as of Dec. 31, 2025.

    The bank attributed the growth to its continued role as a leading Development Finance Institution (DFI) supporting trade and trade-enabling infrastructure across Africa and the Caribbean. #Afreximbank Records 25% Rise in Q1 2026 Net Income#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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    Moody's Changes South Africa's Outlook to Positive

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    Moody's Changes South Africa's Outlook to Positive

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