Financial institution Afreximbank secures two victories at the EMEA Finance African Banking Awards.
Afreximbank Leads Transformative Projects Across Africa, Wins Multiple Awards
Afreximbank, the African Export-Import Bank, has been a key driver of transformative projects across the continent, focusing on sectors such as energy infrastructure, transportation, and industrial development. The bank's role in these projects has earned it numerous recognitions and awards.
In the realm of energy infrastructure, Afreximbank has made significant strides. The bank signed a $4 million Project Preparation Facility agreement for Proton Energy Limited in Nigeria to develop a grid-connected gas-fired power plant with an initial 150 MW capacity. This project aims to provide affordable and reliable power, supporting industrial users.
Afreximbank also serves as the financial advisor for the $4.5 billion EG-27 LNG project in Equatorial Guinea, which will produce about 2.4 million tonnes of liquefied natural gas annually over 20 years, promoting industrialization and regional energy security.
One of Afreximbank's most notable achievements is leading a $1.35 billion financing deal to refinance the Dangote Refinery in Nigeria, Africa's largest refinery. This move enhances fuel supply reliability and boosts intra-African trade and industrialization.
In the transportation and infrastructure sector, Afreximbank received recognition for its involvement in the East African Crude Oil Pipeline project from Uganda to Tanzania, which was awarded Best Project Finance Deal at the EMEA Finance African Banking Awards.
The bank's success in these projects has not gone unnoticed. At the 2025 EMEA Finance African Banking Awards, Afreximbank won the Best Project in Africa for landmark projects, including energy and transportation, and the Best Syndicated Loan House in Africa for leadership in structuring financing deals across the continent.
Constantin von Moltke, Director of Afreximbank's Syndication & Risk Distribution Department, stated that the award of the Best Syndicated Loan House in Africa acknowledged Afreximbank's unwavering commitment to delivering innovative and impactful financing solutions across Africa and beyond.
The awards underscored Afreximbank's role as a leading financial institution in Africa and enhanced its reputation as a trusted partner for large-scale, high-impact projects. Helen Brume, Director and Global Head of Project and Asset Based Finance at Afreximbank, stated that the Best Project Finance House in Africa award is a recognition of Afreximbank's commitment to driving transformative projects and industrialization across Africa.
These awards further cement Afreximbank’s position as a key player in Africa’s financial sector and a significant contributor to the continent’s development. The EMEA Finance African Banking Awards honor the most notable transactions in Africa and the organizations behind them across various markets, including debt and equity capital markets, loans, Islamic finance, structured finance, and more.
In conclusion, Afreximbank's role in mobilizing African capital for large-scale infrastructure, energy security, and industrial growth underscores its strategic role in Africa's development. The bank's success in the EMEA Finance African Banking Awards is a testament to its leadership, innovation, and commitment to delivering transformative projects across Africa.
- Afreximbank's innovative financing solutions in the banking and insurance industry, such as the energy infrastructure project with Proton Energy Limited, demonstrate their leadership in technology-driven projects for Africa's industrial growth.
- Afreximbank's role as the financial advisor for the EG-27 LNG project showcases their significant impact on the finance sector, promoting industrialization and regional energy security through technological advancements.
- The EMEA Finance African Banking Awards, which recognizes Afreximbank's leadership in structuring financing deals across Africa, underscore their commitment to infrastructure development and transformation in the financial, energy, and transportation sectors.
