The African Export-Import Bank has successfully tapped international capital markets with a new U.S. dollar-denominated bond issuance, a move that its top treasury executive describes as a resounding vote of confidence from global investors in both the institution’s track record and the continent’s long-term economic promise.
Chandi Mwenebungu, who steers the bank’s treasury operations as Managing Director of Treasury and Markets and Group Treasurer, characterized the offering as unmistakable market validation. “The enthusiastic reception tells us that the investment community remains firmly behind our mission and sees genuine value in Africa’s growth story,” he remarked. “Our core mandate remains unchanged—channeling funding into the ventures that will power trade expansion, industrial transformation, and inclusive prosperity right across the African landscape.”
This latest dollar-denominated transaction adds to a growing portfolio of innovative funding instruments that Afreximbank has rolled out over recent years. The bank has deliberately diversified its funding base beyond conventional channels, having previously executed Samurai bond deals in the Japanese market during 2024 and 2025, as well as a Panda bond issuance in China’s onshore market last year.
The syndicate behind the latest offering features a powerhouse lineup of global banking heavyweights. HSBC Bank plc stepped in as Global Co-ordinator, steering the overall transaction structure. Meanwhile, a consortium of Joint Lead Managers and Joint Bookrunners—comprising Standard Bank of South Africa Limited, Standard Chartered Bank, Commerzbank Aktiengesellschaft, and MUFG Securities EMEA plc—worked in tandem to secure robust investor participation and optimal pricing.
