Afreximbank Pursues $1 Billion Investment at CANEX WKND 2026

The African Export-Import Bank (Afreximbank) is targeting at least $1 billion in capital commitments from prospective investors at the Creative Africa Nexus (CANEX WKND 2026) in Lagos. Kanayo Awani, Afreximbank’s Executive Vice President for Intra-African Trade and Export Development, shared this information during a press interaction on November 7, 2026.

Awani expressed optimism that the investment deals at this event would exceed the $540 million facilitated at the previous event in Algiers, Algeria, in 2024. On November 6, 2026, the bank signed two cooperative agreements worth approximately $100 million and anticipates further commitments before the event concludes on November 10, 2026.

The initiative aims to enhance investment, trade, and commercial opportunities in Africa’s creative industries, featuring various activities including exhibitions and workshops. Afreximbank's recent financial performance showed a 24% increase in net income to $813.5 million for the nine months ending September 30, 2026, supporting its investment drive in the creative economy.