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In its 2026 Credit Rating Report for the Bank, released in Beijing on 30 July, CCXI said it expects the Bank’s credit rating to remain stable in the next 12 to 18 months.
The report affirmed Afreximbank’s “advantages, including high strategic positioning, sound risk management system, flexible business development, strong profitability, prudent liquidity management and a very high coverage ratio of current assets to short-term debts,” saying that these strengths “strongly supported the overall credit strength of the Bank”.
Commenting on the rating, Mr. Chandi Mwenebungu, Managing Director, Treasury & Markets and Treasurer said:
“CCXI’s affirmation of our AAA rating for a second consecutive year is a strong endorsement of Afreximbank’s financial strength, disciplined risk management and enduring relevance to Africa and Global Africa. It demonstrates our ability to deliver on our mandate, support our member states through periods of uncertainty and mobilise capital from the breadth and depth of diverse funding pools across local and global markets, while maintaining the financial resilience and institutional strength expected of a leading multilateral development bank.”
The rating also reinforces Afreximbank’s access to diversified funding sources, particularly in China, while enhancing the Bank’s growing footprint, profile and market presence in one of the world’s largest and most important capital markets. In 2025, the Bank issued its inaugural RMB2.2 billion Panda bond, becoming the first African multilateral development institution to access the Panda bond market, and subsequently became a direct participant in China’s Cross-border Interbank Payment System (CIPS), further strengthening its role in facilitating China-Africa trade and investment flows and partnerships.
The CCXI affirmation follows S&P Global Ratings’ assignment earlier this year of ‘BBB+’ long-term and ‘A-2’ short-term issuer credit ratings to Afreximbank, with a Stable outlook. Afreximbank also holds investment-grade ratings from GCR (A), Japan Credit Rating Agency (JCR) (A-) and Moody’s (Baa2).
Distributed by APO Group on behalf of Afreximbank.
Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com
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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A strong supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2025, Afreximbank's total assets and contingencies stood at over US$48.5 billion, and its shareholder funds amounted to US$8.4 billion. Afreximbank has investment grade ratings assigned by China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), GCR (A), Japan Credit Rating Agency (JCR) (A-), Moody's (Baa2) and S&P Global Ratings (BBB+). The Bank is headquartered in Cairo, Egypt.
For more information, visit: www.Afreximbank.com
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