The African Export-Import Bank (Afreximbank) has received reaffirmation of its A-issuer credit rating, with a stable outlook, from the Japan Credit Rating Agency, Ltd. (JCR).
The reaffirmed rating underscores JCR’s confidence in Afreximbank’s robust strategic positioning, effective risk management framework, sustained profitability, and prudent liquidity and capital management practices.
The agency also acknowledged the bank’s critical role in promoting trade finance and economic development across Africa and the Caribbean.
Afreximbank’s A-/Stable Rating Affirmed by Japan Credit Rating Agency
Japan Credit Rating Agency (JCR) has reaffirmed our A- rating with a Stable outlook, recognizing Afreximbank’s strong fundamentals, prudent risk management, and resilience in driving trade and development… pic.twitter.com/cql8DVHvAd
— African Export-Import Bank – Afreximbank (@afreximbank) August 28, 2025
JCR indicated that it expects Afreximbank’s rating to remain stable over the next 12 to 18 months, despite ongoing global macroeconomic headwinds and challenges in the bank’s operating environment.
Commenting on the announcement, Senior Executive Vice President at Afreximbank, Mr Denys Denya, said, “This affirmation reinforces our credibility in international markets and underscores the Bank’s systemic importance to Africa.
”It reflects our solid fundamentals and disciplined risk management, which support our ability to attract diversified funding, including from Japanese capital markets, to fulfill our mandate of promoting intra- and extra-African trade.”
He further emphasised Afreximbank’s strong commitment to its member states, partners, and clients, highlighting the bank’s consistent performance even during periods of uncertainty.
“This rating is a testament to our resilience and strategic clarity. It enables us to continue mobilising the financial resources needed to drive trade and development across Africa and the Caribbean,” he added.
The rating affirmation is expected to boost investor confidence and support Afreximbank’s efforts to broaden its global funding base and strengthen its presence in international markets.
As part of these efforts, Afreximbank completed its inaugural Samurai bond issuance in Japan in 2024, raising JPY 81.3 billion (approximately US$530 million).