South Africa Strengthens Position in Afreximbank with Cabinet Approval of Class A Shareholding

Pretoria, 11 August 2025 — The Export Credit Insurance Corporation of South Africa (ECIC) welcomes Cabinet’s decision to approve the country’s accession to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a significant step in deepening South Africa’s role in advancing intra-African trade and regional economic integration.