Afreximbank has joined African Energy Week (AEW) 2025 as a Diamond Partner, underscoring its growing role in financing critical infrastructure and energy projects across the continent.
Introduction
The African Export-Import Bank (Afreximbank) announced its participation in African Energy Week (AEW): Invest in African Energies 2025 as a Diamond Partner in Cape Town, South Africa.
This move reinforces the bank’s mission to close Africa’s investment gap in energy and infrastructure, with a focus on projects in Nigeria, Malawi, Zimbabwe and Equatorial Guinea.
Driving New Energy Investments
Afreximbank is pursuing ambitious deals to address energy poverty by 2030. In August 2025, the institution signed multiple agreements worth $1 billion to unlock financing across Malawi, Zimbabwe and Nigeria.
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In Malawi, Afreximbank partnered with NBS Bank on a $300 million agreement aimed at de-risking energy, transport and logistics.
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In Zimbabwe, a $4.4 million deal supports a 1 GW hybrid solar project through Green Hybrid Power Private Limited.
Nigeria’s Expanding Power Portfolio
Nigeria remains a focal point for Afreximbank’s financing efforts. The bank committed $4 million to Proton Energy for development of the 500 MW Sapele Gas Power Plant. It has also played a pivotal role in financing the Dangote refinery, Africa’s largest crude oil facility.
The most recent transaction included a $1.35 billion refinancing package, part of a larger $4 billion syndicated facility for Dangote Industries Limited.
LNG and Cross-Border Infrastructure
Beyond Nigeria, Afreximbank is also the mandated advisor for Equatorial Guinea’s $4.5 billion EG-27 LNG project. Leveraging its extensive investor network, the bank is structuring capital to accelerate project development.
| Major Project | Country | Financing Role | Value (USD) |
|---|---|---|---|
| NBS Bank Partnership | Malawi | Energy, transport & logistics de-risking | $300M |
| Hybrid Solar Project | Zimbabwe | Capital mobilization | $4.4M |
| Sapele Gas Plant | Nigeria | Facility financing | $4M |
| Dangote Refinery | Nigeria | Refinancing arrangement | $1.35B |
| EG-27 LNG | Equatorial Guinea | Advisory & structuring | $4.5B |
Africa Energy Bank Initiative
A cornerstone of Afreximbank’s strategy is the Africa Energy Bank (AEB). With an initial capitalization of $5 billion, the AEB is designed to close the continent’s annual energy investment gap, estimated at $31–50 billion. Abuja, Nigeria, has been chosen as its headquarters, with PwC serving as project management consultant.
Angola, Ghana and Nigeria have already met their funding commitments. Once operational, the AEB will offer tailored financing solutions for African governments and private developers.
Building Investor Confidence
The establishment of AEB sends a clear signal to global financiers. By mobilizing capital internally and regionally, Afreximbank aims to reduce reliance on external institutions and keep Africa’s energy sector competitive.
Strategic Partnership at AEW 2025
AEW: Invest in African Energies 2025 provides a platform where project operators, financiers and governments converge. Afreximbank’s Diamond Partnership status highlights its commitment to shaping energy financing discussions and supporting sustainable development across Africa.
Final Thoughts
Afreximbank’s role in advancing African energy projects extends well beyond financing. Its innovative structures, regional engagement and support for the Africa Energy Bank position it as a transformative force for the continent.
As AEW 2025 unfolds, Africa’s journey toward energy security and industrial growth gains new momentum.
Sources: African Energy Chamber.
Prepared by Ivan Alexander Golden, Founder of THX News™, an independent news organization delivering timely insights from global official sources. Combines AI-analyzed research with human-edited accuracy and context.
