Afreximbank’s Second Samurai Bond Raises USD 527 Million, Signaling Strong Japanese Investor Confidence

Commenting on the transaction, Chandi Mwenebungu, Afreximbank’s Managing Director, Treasury & Markets and Group Treasurer, said:  “We are pleased with the successful completion of our second Samurai bond transactions, which marked a significant increase from our inaugural Retail Samurai bond in 2024, and which reflect the growing depth of our relationship with Japanese investors. 

The strong demand, both in the Regular and Retail offerings, demonstrates sustained confidence in Afreximbank’s credit and mandate. We remain committed to deepening our engagement in the Samurai market through regular investor activities and continued collaboration with our Japanese partners.”

The successful issuance underscores Afreximbank’s evolving strategy to diversify its funding sources and strengthen its position in international capital markets. 

It also signals confidence in Africa’s growth potential, as the Bank continues to provide innovative financial solutions that support intra- and extra-African trade, industrialization, and regional economic integration.

Afreximbank, a Pan-African multilateral financial institution, has over three decades of experience in facilitating trade and development across the continent. 

It supports the African Continental Free Trade Agreement (AfCFTA) through financing initiatives and the Pan-African Payment and Settlement System (PAPSS).

 As of December 2024, the Bank’s total assets and contingencies stood at over USD 40.1 billion, with shareholder funds of USD 7.2 billion, and it holds investment-grade ratings from major credit agencies.

The Bank’s growing credibility in Japan reflects a broader trend of international investors seeking exposure to African development projects, highlighting Afreximbank’s ability to leverage capital markets to mobilize funds for the continent’s economic transformation.

With this second Samurai bond, Afreximbank not only solidifies its relationship with Japanese investors but also positions itself for further issuances in yen, strengthening its global funding base while demonstrating Africa’s investment potential to key international markets.