Afreximbank retains African Bank of the Year award

For the second year in a row, African Export-Import Bank (Afreximbank) has emerged as a double winner at the African Banker Awards, winning both the ‘Bank of the Year’ and ‘Deal of the Year (Infrastructure)’ awards. This prestigious recognition was announced at the awards gala ceremony held in Nairobi and attended by over 300 of the continent’s leading figures in banking and finance. 

The award organisers highlighted Afreximbank’s exceptional performance across various metrics, key among them, “considerably changing the banking landscape by reaching out to new customers, offering new services, adopting inclusiveness by bringing the unbanked into the banking space, making use of new technologies, and helping to drive growth through a stronger financial sector.”  

The Bank of the Year award reflects Afreximbank’s outstanding financial performance, as the Group’s results for the financial year ending 31 December 2023 showed remarkable strength and resilience, surpassing the previous year’s performance.

Speaking during the award ceremony, Prof. Benedict Oramah, President and Chairman of Board of Directors, Afreximbank noted: “We are extremely delighted to win both the Bank of the Year and The Deal of the Year for Infrastructure as these awards underscore our expertise in development financing. I accept these awards on behalf of the hardworking staff of Afreximbank, our customers and partners, and also the Alliance for African Multilateral Financial Institutions who work tirelessly to make the change that Africa needs.”