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Home » Blog » Afreximbank signs $500 million facility with ATDC to expand African trade
Markets & Trade

Afreximbank signs $500 million facility with ATDC to expand African trade

1 week ago
3 Min Read
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XOL Africa
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Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade & Export Development, Afreximbank and Mr. Stewart Makura, CEO, ATDC ©Afreximbank
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CAIRO, Egypt, Sept. 21, 2026 (XOL Africa) — The African Export-Import Bank, Afreximbank, has signed a $500 million global credit facility with Africa Trading and Distribution Company to finance the movement and distribution of commodities and products across African and international markets.

The facility is intended to provide ATDC with trade-financing capacity to scale eligible transactions involving the purchase and aggregation of African goods, as well as logistics, transportation, warehousing and distribution.

Afreximbank said the financing would support different stages of the trade and distribution cycle, with repayments linked to proceeds from the sale of goods financed under the facility.

ATDC is a pan-African trading and distribution platform established to expand intra-African trade, increase local value addition and strengthen economic integration. The company has initial operations in Egypt, Nigeria, Malawi and Zimbabwe.

The agreement comes as African governments and businesses seek to improve regional supply chains and increase trade under the African Continental Free Trade Area, or AfCFTA.

“The US$500 million Global Credit Facility extended to ATDC underscores Afreximbank’s commitment to strengthening the trade, logistics and distribution architecture required to realise the full potential of the African Continental Free Trade Area,” said Kanayo Awani, Afreximbank’s executive vice president for intra-African trade and export development.

“By facilitating the efficient distribution of ‘Made-in-Africa’ goods across the continent, the facility will deepen regional value chains, expand market access for African producers, and boost manufactured exports,” she said.

Awani said the facility would also help improve the global competitiveness of African products and support the expansion of the continent’s exports of value-added and manufactured goods.

ATDC Chief Executive Officer Stewart Makura said the financing would help the company connect producers, processors, manufacturers and markets across the continent.

“Realising Africa’s full trade potential requires reliable systems that connect producers, processors, manufacturers and markets,” Makura said. “This facility strengthens ATDC’s ability to aggregate supply, mobilise working capital and move goods efficiently across value chains.”

He said ATDC would work with Afreximbank to support supply chains, value addition, import substitution and intra-African trade.

Beyond financing individual transactions, the facility is expected to help ATDC establish repeatable trade corridors and expand sourcing and distribution networks across African markets.

The company said the financing would also support greater processing of African commodities and increase the regional availability of raw materials, industrial inputs and value-added products.

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