Afreximbank's Financial Position Grows Eightfold Under Outgoing President's Leadership

Professor Benedict Oramah, outgoing President of Afreximbank, oversaw a significant growth in the institution's financial position, increasing its balance sheet from $6 billion in 2015 to $44 billion in 2025. During his tenure, Afreximbank paid almost $1.4 billion in dividends to shareholders and maintained a strong focus on financial health.

Aliko Dangote and Wale Edun commended Oramah's leadership at the investiture ceremony in Cairo, where Dr. Georg Elombi was inaugurated as the new President and Board Chairman. Oramah highlighted the bank's achievements in promoting intra-African trade, including hosting successful trade fairs and implementing a pro-African payment settlement system.