South Africa’s formal Afreximbank membership closes the continent’s most significant multilateral finance gap and commits $8 billion to industrial, trade, and transformation priorities. On 4 February 2026, at a formal ceremony attended by President Cyril Ramaphosa and Afreximbank President Dr George Elombi, the Republic of South Africa officially acceded to the Establishment Agreement of the African Export-Import Bank, becoming the 54th state to join Africa’s leading multilat
