The African Export-Import Bank (Afreximbank) has confirmed its participation as a partner for African Energy Week (AEW) 2026 in Cape Town, reinforcing its growing role in financing oil, gas, power, and energy infrastructure across the continent.
The bank has expanded its Caribbean Community (CARICOM) financing cap to $5 billion, building on over $750 million already deployed and a pipeline exceeding $2 billion, targeting infrastructure, tourism, agro-processing, and financial services.
South Africa’s accession as Afreximbank’s 54th member state unlocks an $8 billion country program focusing on energy, manufacturing, and trade. The bank has also created a $3 billion Transformation Fund to support black-owned businesses and small and medium enterprises, while advancing industrial development and regional value chains.
Afreximbank, together with the African Petroleum Producers’ Organization, is launching the Africa Energy Bank to address financing gaps in upstream oil and gas projects. The bank aims to mobilize African capital for African energy projects, with initial funding targets in the billions and operations expected to begin in 2026.
The partnership underscores a broader shift toward African-led financing in the energy sector, moving the continent from being primarily a recipient of international capital to a proactive driver of projects.
At AEW 2026, Afreximbank is expected to play a central role in project origination, deal structuring, and partnership development.
