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Business News of Tuesday, 5 March 2024

Source: thenationonlineng.net

Afreximbank tops loan market rating for Africa

Afreximbank Afreximbank

African Export-Import Bank (Afreximbank) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets.

Afreximbank is ranked as number one Mandated Lead Arranger, Bookrunner, and Administrative Agent for Sub-Saharan Africa Borrower Loans.

Afreximbank President and Chairman of the Board of Directors, Prof. Benedict Oramah, described the outstanding rankings as part of the bank’s commitment to driving economic growth, facilitating capital flows within the African continent.

He said it reflects its resilience and ability to navigate challenging market conditions.