Afreximbank has achieved a significant milestone by securing an investment grade rating from S&P Global Ratings, enhancing its financial standing and lending capacity.

• The new rating of 'BBB+' (long-term) and 'A-2' (short-term) with a Stable Outlook positions the bank as low-risk for international investors.
• This upgrade is expected to lower Afreximbank's borrowing costs and expand its ability to provide substantial, competitively priced loans to African and Caribbean economies.
• The rating arrives as Afreximbank scales up its $10 billion Gulf Crisis Response Programme, supporting nations impacted by supply chain disruptions.