The African Export-Import Bank (Afreximbank) has received a fresh vote of confidence from Japan Credit Rating Agency, Ltd. (JCR), which has reaffirmed the Bank’s long-term issuer credit rating at A- with a stable outlook.

The confirmation underscored Afreximbank’s solid strategic positioning, disciplined risk management, and consistent financial performance, even in the face of challenging global economic conditions.

JCR explained that its decision reflects Afreximbank’s strong fundamentals, including a resilient capital base, prudent liquidity management, and its pivotal role in financing trade and development across Africa and the Caribbean.

The agency noted that the bank’s outlook is expected to remain stable over the next 12 to 18 months, despite macroeconomic uncertainties and potential pressures on its operating environment.

Commenting on the affirmation, Afreximbank’s Senior Executive Vice President, Denys Denya said the recognition strengthens the institution’s standing in international financial markets and reinforces its credibility as a systemically important African bank.

According to him, the endorsement by JCR not only validates Afreximbank’s robust risk management practices but also enhances its ability to diversify its funding base, including increased access to Japan’s capital markets.

Denya stressed that the rating reflects Afreximbank’s steadfast commitment to its member states, partners, and clients. He added that the bank’s track record of consistent delivery, even in difficult times, has been instrumental in securing such a strong rating.

“This affirmation is a testament to Afreximbank’s resilience and strategic focus, enabling us to mobilize resources that drive trade and development across Africa and the Caribbean,” he said.

The reaffirmation is expected to bolster investor confidence and provide additional momentum to Afreximbank’s efforts to broaden its global funding reach.

Already, the bank has demonstrated its growing appeal among international investors through its successful debut Samurai bond issuance in Japan in 2024, which raised JPY 81.3 billion (US$530 million).

That landmark transaction attracted a diverse pool of Japanese institutional investors, signalling not only trust in Afreximbank’s financial stability but also confidence in its mission to support trade integration and economic growth across Africa.

With the latest affirmation from JCR, Afreximbank is set to further consolidate its presence in international capital markets, reinforcing its role as a key catalyst for trade finance and development across the continent and beyond.