Pan-African multilateral financial institution focused on trade and industrialisation: credit facilities, acquisition finance and reserve-based lending for African companies.
At a glance
Based on observed investment behaviour: 10 recorded deals
- Investor type
- Development finance institution (inferred, not verified)
- Capital type
- Development finance institution (inferred from profile)
- Observed ticket
- 46 M$ – 4,000 M$, median 64 M$ (7 disclosed amounts)
- Countries
- Nigeria (4), Cameroon (3), Benin (2)
- Activities
- Oil and gas (upstream and gas infrastructure) (4), Electric mobility (2), Bitumen, asphalt and road emulsions (1)
- Instruments
- Senior debt (10)
- Stages
- Debt (7), Growth (2)
- Recent activity
- 7 deals in 12 months, latest Sept 2026
Stated thesis versus observed behaviour
- Sectors: 80% of its deals within its stated thesis
- Countries: 100% of its deals within its stated thesis
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Criteria published by the fund, recorded and checked by Invest Matching.
- Investment ticket
- 46 M$ – 4,000 M$*
- Instruments
- Senior debt, Guarantee
- Preferred sectors
- Manufacturing, Agribusiness, Energy, Financial services, Transport & civil engineering, Healthcare, Real estate*, Tourism & hospitality*
- Target geographies
- West Africa, East Africa, Central Africa, Southern Africa, North Africa
* added from its deals
- Stages (stated by the fund and from its deals)
- GrowthDebt
Kempinski Shekinah Palace Douala (ALS Group)
September 2026 · CameroonArranging mandateDebt161.805 M$Senior debtTourism & hospitalityCo-Invest
Financing plan presented at the groundbreaking (25 September 2026): lenders involved, individual shares and drawdowns not published.
Co-investor alongside BGFIBank Cameroun
Activity : Hospitality and catering
Instrument : EUR 140.7m senior debt (XAF 92.3bn, 41.5% of an EUR 339.4m project); BGFIBank Cameroun arranger and agent; BDEAC (XAF 30bn committed) and Afreximbank involved; EUR 157.5m sponsor equity
Bonanjo complex: 214-room palace operated by Kempinski, 35 apartments, 17,000 sqm of offices; groundbreaking on 25 September 2026, opening planned for 2029.
Why they invested
- Upscale hospitality and offices in Bonanjo
Co-investors BDEAC (Banque de développement des États de l'Afrique centrale)
Source : agenceecofin.comN2 · Cross-checked (2+ outlets) · Other sources : Business in Cameroon, Africa Business+
Shoreline Power Company
June 2026 · NigeriaApprovedDebt200 M$Senior debtEnergyLead
Approved by Afreximbank in June 2026; signing and drawdown not published.
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : US$200m facility to execute an oil and gas infrastructure project in Algeria
Nigerian energy and engineering group; project executed in Algeria (intra-African trade).
Why they invested
- Export of Nigerian engineering services
Source : afreximbank.comN1 · Primary source · Other sources : Vanguard
All Bitumen Cameroon
December 2024 · CameroonArranging mandateUndisclosed amountSenior debtManufacturingLead
Arranging mandate signed in December 2024; construction financing not closed at the source date.
Activity : Bitumen, asphalt and road emulsions
Instrument : Arranging mandate (Dec. 2024) to raise XAF 161bn; about XAF 2bn already provided for feasibility studies
Bitumen plant project (250,000 t/year) with a 10,000 barrel/day mini-refinery in the Kribi industrial port zone.
Why they invested
- Replace bitumen imports with local production
- Afreximbank as arranger and lead lender
Source : investiraucameroun.comN3 · Single source
Recent public deals: they say better than a thesis what the fund actually signs.
Prometal SA
September 2026 · CameroonSignedDebt46 M$Senior debtManufacturingLead
Signed in Cairo on 28 September 2026 by Denys Denya (Afreximbank) and Hayssam El Jammal (Prometal Group).
Activity : Metals and mechanical engineering
Instrument : EUR 40m (XAF 26.2bn) revolving working-capital and guarantee facility: steel billet imports
Processing of semi-finished steel into finished products (construction, farm equipment).
Why they invested
- Replacing steel imports with local production
- Working capital for input supply
Source : afreximbank.africa-newsroom.comN1 · Primary source · Other sources : Business in Cameroon, Investir au Cameroun
Dangote Petroleum Refinery & Petrochemicals
March 2026 · NigeriaSignedDebt4,000 M$Senior debtEnergyLead
Loan signed and underwritten in late March 2026; syndication of the balance (US$1.5bn) to other banks.
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : US$4bn five-year syndicated term loan, US$2.5bn underwritten by Afreximbank; Afreximbank and Access Bank co-mandated lead arrangers; refinancing of construction debt
650,000-bpd refinery in Lekki (Lagos), at full capacity since February 2026.
Why they invested
- Refinancing an asset now in operation
- Fuel import substitution
Co-investors Access Bank (Co-Lead)
Source : ecofinagency.comN2 · Cross-checked (2+ outlets) · Other sources : ThisDay, bne IntelliNews
Spiro
February 2026 · KenyaDebt50 M$Senior debtEnergyLead
Activity : Electric mobility
Spiro, an African electric mobility company that operates battery-swapping stations for electric motorcycles, has secured $50 million in debt financing to expand across the continent.
Co-investors Nithio
Source : techcabal.com
Levene Energy Development Limited
January 2026 · NigeriaGrowth64 M$Senior debtEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : Acquisition Finance Facility
African energy company active in trading, upstream services, gas and renewable energy, diversifying into gas and power infrastructure.
Why they invested
- Finance Levene Energy's equity commitment to Bluecore Gas Infraco
- Enables the acquisition of a 30% stake in Axxela
- Diversifies Levene into gas and power infrastructure
- Supports regional energy infrastructure and African value chains
Source : afreximbank.comN1 · Primary source
Debt750 M$Senior debtEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : dual-tranche senior secured reserve-based lending facility
Nigerian integrated energy company active in oil and gas production, including development of OML 17 and gas supply to the domestic market.
Why they invested
- Optimise Heirs Energies' capital structure
- Finance working-capital requirements
- Supports the accelerated field-development programme
- Supports sustained growth in Nigerian oil and gas production
Source : afreximbank.comN1 · Primary source
Growth450 M$Senior debtReal estateLead
Activity : Industrial zones and parks
Instrument : global credit facility
Develops and operates industrial parks and special economic zones across several sub-Saharan African countries, combining infrastructure development, industrialisation and trade finance.
Why they invested
- Support development of industrial parks and special economic zones
- Finance working-capital requirements of existing parks
- Finance capital expenditure for new industrial parks
- Support African industrialisation and intra-African trade
Source : afreximbank.comN1 · Primary source
Spiro
May 2024 · BeninDebt50 M$Senior debtEnergyLead
Activity : Electric mobility
Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering in its existing markets.
Source : techcabal.com
Afreximbank (Banque africaine d'import-export) invests tickets ranging from 46 M$ to 4,000 M$, across the following sectors: Manufacturing, Agribusiness, Energy, Financial services, Transport & civil engineering, Healthcare, Real estate, and Tourism & hospitality, in the following areas: West Africa, East Africa, Central Africa, Southern Africa, and North Africa. Check in 30 seconds whether your company fits these criteria.
