Afreximbank Shines with Double Win at EMEA Finance African Banking Awards

African Export-Import Bank (Afreximbank ) has been recognised with two prestigious awards at the EMEA Finance African Banking Awards, securing titles for the Best Project in Africa award and the Best Syndicated Loan House in Africa award. The dinner and award ceremony were held in London, United Kingdom on 18 and 19 June, respectively.

In its citation, the EMEA Finance editorial board applauded Afreximbank’s leadership in structuring and delivering transformative projects across diverse sectors and regions in Africa, from energy infrastructure to transportation, and making a significant impact on the continent’s development.

The Bank was also credited for its central role in several landmark transactions, which received additional accolades, including:

• Best project finance deal: East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania
• Best energy infrastructure deal: Azikel Modular Hydro Skimming Refinery Project in Nigeria
• Best industry deal: PMD Assetco’s Project Shiprite US$137mn floating dry dock repair facility in Takoradi port, Ghana
• Best oil and gas deal: Trident Energy’s reserves-based term loan facility in Congo
• Best transport deal: Kano Maradi Railway Project in Nigeria
• Most innovative project finance deal: US$300 million ZEP-RE’s Afreximbank re-guarantee facility for COMESA trade facilitation
• Best road deal: US$50 million East International Group’s airport highway construction and upgrade in Monrovia, Liberia

Similarly, the organisation attributed Afreximbank’s award for the Best Syndicated Loan House in Africa to the Bank’s leadership in arranging and managing syndicated loan transactions throughout the continent. They also credited the Bank for its track record in arranging complex acquisition financing, sovereign support, and infrastructure development, particularly with regard to several key transactions that it led or co-led, including the €1.87-billion facility arranged for Bank of Industry, the US$380-million facility to Etu Energias and the US$500-million facility to Tunisia.

Mrs Kanayo Awani, Executive Vice President Intra-African Trade and Export Development, stated that the awards affirm Afreximbank’s commitment to fostering economic growth and advancing trade and industrialisation in Africa.

Mrs. Helen Brume, Director and Global Head, Project and Asset Based Finance, at Afreximbank, in receiving the award on behalf of the bank, described the Best Project Finance House in Africa award as a recognition of the Bank’s unwavering commitment to driving transformative projects  and industrialisation across Africa.

“These accolades acknowledge our expertise in delivering innovative financing solutions for critical infrastructure, from energy to transportation, spanning regions from Tanzania to Ghana. They reinforce our mission to empower African economies and strengthen our position as a trusted partner in the continent’s development journey.”

– Mrs. Helen Brume, Director and Global Head, Project and Asset Based Finance, Afreximbank 

She added that 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, saying that it would also boost the Bank’s visibility and credibility, helping it to attract further partnerships and investments to support Africa’s economic development.

Mr. Constantin von Moltke, Director of Afreximbank’s Syndication & Risk Distribution Department, said 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.

“Our role in these landmark transactions reflects the strength of our partnerships, the depth of our expertise and our strategic vision for Africa’s development. This recognition highlights Afreximbank’s leadership and innovation in syndicated lending across Africa and the broader EMEA region. It affirms our growing influence in global capital markets.”

-Mr. Constantin von Moltke, Director of Syndication & Risk Distribution Department, Afreximbank 

The EMEA Finance Magazine African Banking Awards honour the most notable transactions in Africa, and the organisations behind them, across a variety of markets, including debt and equity capital markets, loans, Islamic finance, structured finance, and more.