Trade expansion and diversification

• Afreximbank aims to increase the supply of financial resources needed to fund the continent’s exports and improve the availability of essential intermediate inputs to meet the continent’s capital need for industrialization through the following instruments:
  - Lines of credit: Export and import line of credit, pre- and post-export financing, L/C confirmation, and correspondent banking services
  - Direct financing: Direct lending to entities with a balance sheet of at least USD 2 million and annual revenue of more than USD 10 million; pre- and post-export financing up to a max 80% value
  - Syndications: Participation and arrangement of syndicated loans with a maturity of up to 7 years
  - Special risk mitigation: Guarantee of credit exposure to African borrowers against certain risk events; guarantee offered includes investment, country risk, contract availability guarantee, etc.
  - Financial future flow pre-financing: Future-flow debt offerings that rely upon receivables not generated from export of physical goods (e.g., credit cards, royalties, and migrant remittances)
  - Note purchase: Purchase of promissory notes or similar instruments providing financing to corporates; recourse to issuer and acceptor
  - Receivable purchase and discounting: Purchase of receivables of goods and services sold to foreign or domestic buyers

Project and export development

• Under this program, Afreximbank provides financing to create capacity for value added and services exports, and trade infrastructure support to facilitate the development and rehabilitation/modernization of trade-related infrastructure, such as power, ports and harbors, telecommunications, warehousing facilities, logistic facilities, etc.
• The Bank combines credit, risk bearing, twining, market access as well as advisory services geared towards creating non-commodity export products—through this program, the bank provides:
  - Project-related financing (limited recourse financing in support of export and infrastructure projects that facilitate exports or generate trade infrastructure services)
  - Asset-backed lending (African content promotion in Africa's oil, gas and other mining sectors, maritime transport, railways and airline industries, and taking collateral in the form of the assets)
  - Term funding for capital expenditure
  - Working capital finance
  - Guarantees necessary to attract trade investment flows
  - Facilitation to access markets through twining initiatives
• Afreximbank has also introduced special initiatives under this program, including non-equity modes of international production (contract farming, export agriculture, contract manufacturing and, franchising) and a special African cocoa initiative

Additional products

• Afreximbank has a construction and tourism-related relay financing facility that supports the development of tourism infrastructure by financing the construction of first-class hotels across the continent
• The bank also has health and medical tourism programs supporting the development of improvement in health care and medical tourism in Africa by financing the construction of first-class health and medical facilities across the continent