{"id":465550,"date":"2019-04-09T10:22:40","date_gmt":"2019-04-09T09:22:40","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=465550"},"modified":"2019-04-09T10:22:40","modified_gmt":"2019-04-09T09:22:40","slug":"afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/","title":{"rendered":"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p style=\"font-weight: 400;\">The African Export-Import Bank (Afreximbank) has released its\u00a0abridged audited financial statements\u00a0for the year ended 31 December 2018, showing strong financial and operational performance, with\u00a0total comprehensive income\u00a0for the year amounting to $285.4 million.<\/p>\n<p style=\"font-weight: 400;\">The total comprehensive income reflects a solid growth of 24 per cent compared to the prior year performance of $229.8 million and was achieved mainly due to higher net income in 2018 amounting to $ 275.9 million compared to $220.5 million in 2017.<\/p>\n<p style=\"font-weight: 400;\">The results, released in Cairo, show that the Bank\u2019s total assets grew by 13 per cent from $11.91 billion as at 31 December 2017 to $13.42 billion as at 31 December 2018, with that result explained mainly by the solid growth in net loans and advances which went up 30.3 per cent.<\/p>\n<p style=\"font-weight: 400;\">Commenting on the results, Bank President Prof. Benedict Oramah said that the performance was a reflection of the strength of Afreximbank\u2019s underlying business and restated commitment to \u201cdriving our strategic objectives, to strong orderly growth in assets and earnings.&#8221;<\/p>\n<p style=\"font-weight: 400;\">The result highlights include:<\/p>\n<table style=\"font-weight: 400;\" width=\"503\">\n<tbody>\n<tr>\n<td width=\"227\"><strong>Financial Metrics<\/strong><\/td>\n<td width=\"126\"><strong>2018 ($ million)<\/strong><\/td>\n<td width=\"150\"><strong>2017 ($ million)<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Net Interest &amp; similar Income<\/td>\n<td width=\"126\">403.8<\/td>\n<td width=\"150\">338.3<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Net Fee &amp; Commission Income<\/td>\n<td width=\"126\">83.7<\/td>\n<td width=\"150\">30.3<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Operating Income<\/td>\n<td width=\"126\">489.8<\/td>\n<td width=\"150\">372.1<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Operating Expenses<\/td>\n<td width=\"126\">87.6<\/td>\n<td width=\"150\">66.5<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Operating Profit Before Impairment &amp; Provisions<\/td>\n<td width=\"126\">&nbsp;<\/p>\n<p>394.8<\/td>\n<td width=\"150\">285.7<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Profit for the Year<\/td>\n<td width=\"126\">275.9<\/td>\n<td width=\"150\">220.5<\/td>\n<\/tr>\n<tr>\n<td width=\"227\">Total Assets<\/td>\n<td width=\"126\">13,419.4<\/td>\n<td width=\"150\">11,913.4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-weight: 400;\">\n<table style=\"font-weight: 400;\">\n<tbody>\n<tr>\n<td width=\"227\"><strong>\u00a0<\/strong><\/td>\n<td width=\"165\"><strong>Dec 2018<\/strong><\/td>\n<td width=\"112\"><strong>Dec 2017<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"227\"><strong>Profitability<\/strong><\/p>\n<p>Return on average assets (ROAA)<\/p>\n<p>Return on average equity (ROAE)<\/td>\n<td width=\"165\">&nbsp;<\/p>\n<p>2.18%<\/p>\n<p>11.78%<\/td>\n<td width=\"112\">&nbsp;<\/p>\n<p>1.87%<\/p>\n<p>11.76%<\/td>\n<\/tr>\n<tr>\n<td width=\"227\"><strong>Operating Efficiency<\/strong><\/p>\n<p>Cost -to -income ratio<\/td>\n<td width=\"165\">&nbsp;<\/p>\n<p>18%<\/td>\n<td width=\"112\">&nbsp;<\/p>\n<p>18%<\/td>\n<\/tr>\n<tr>\n<td width=\"227\"><strong>Asset Quality<\/strong><\/p>\n<p>Non-performing loans ratio (NPL)<\/p>\n<p>Loan loss coverage ratio<\/td>\n<td width=\"165\">&nbsp;<\/p>\n<p>14%<\/p>\n<p>25%<\/td>\n<td width=\"112\">&nbsp;<\/p>\n<p>27%<\/p>\n<p>26%<\/td>\n<\/tr>\n<tr>\n<td width=\"227\"><strong>Liquidity<\/strong><\/p>\n<p>Cash\/Total assets<\/td>\n<td width=\"165\">&nbsp;<\/p>\n<p>2.95%<\/td>\n<td width=\"112\">&nbsp;<\/p>\n<p>2.50%<\/td>\n<\/tr>\n<tr>\n<td width=\"227\"><strong>Capital Adequacy<\/strong><\/p>\n<p>Capital Adequacy ratio (Basel II)<\/td>\n<td width=\"165\">&nbsp;<\/p>\n<p>132%<\/td>\n<td width=\"112\">&nbsp;<\/p>\n<p>141%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\">Afreximbank, which implements its programmes and facilities through five-year strategic plans, began implementing its fifth strategic plan, dubbed \u201cImpact 2021, Africa Transformed\u201d, in 2018. That strategy is anchored on four pillars: Improving Intra- Africa Trade; Facilitating Industrialization and Export Development; Strengthening Trade Finance Leadership; and Improving Financial Soundness and Performance.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The African Export-Import Bank (Afreximbank) has released its\u00a0abridged audited financial statements\u00a0for the year ended 31 December 2018, showing strong financial and operational performance, with\u00a0total comprehensive income\u00a0for the year amounting to $285.4 million. The total comprehensive income reflects a solid growth of 24 per cent compared to the prior year performance of $229.8 million and was<\/p>\n","protected":false},"author":527180,"featured_media":465554,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000,12046,12065],"tags":[2360,3949],"class_list":["post-465550","post","type-post","status-publish","format-aside","has-post-thumbnail","category-banks-insurance","category-leaders-en","category-press-releases","tag-afreximbank","tag-benedict-oramah","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-09T09:22:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"319\" \/>\n\t<meta property=\"og:image:height\" content=\"361\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/80f802fd6db958ac83d55076c6c93692\"},\"headline\":\"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance\",\"datePublished\":\"2019-04-09T09:22:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/\"},\"wordCount\":297,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/image005-2.jpg\",\"keywords\":[\"Afreximbank\",\"Benedict Oramah\"],\"articleSection\":[\"Banks &amp; Insurance\",\"Leaders\",\"Press releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/\",\"name\":\"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/image005-2.jpg\",\"datePublished\":\"2019-04-09T09:22:40+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2019\\\/04\\\/09\\\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/image005-2.jpg\",\"contentUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/image005-2.jpg\",\"width\":319,\"height\":361,\"caption\":\"Dr. Benedict Oramah, President, Afreximbank.\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/\",\"name\":\"Kapital Afrik\",\"description\":\"All African finance\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\",\"name\":\"Kapital Afrik | All African finance\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.kapitalafrik.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/logo-430x76-kapital-afrik-.png\",\"contentUrl\":\"https:\\\/\\\/www.kapitalafrik.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/logo-430x76-kapital-afrik-.png\",\"width\":1740,\"height\":266,\"caption\":\"Kapital Afrik | All African finance\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/FinancialAfrik\\\/\",\"https:\\\/\\\/x.com\\\/Financialafrik\",\"https:\\\/\\\/www.instagram.com\\\/financialafrikbusiness\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/financial-afrik\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCSeoXcgLHLSVaKqMP7cQaJQ\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/80f802fd6db958ac83d55076c6c93692\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g\",\"caption\":\"Editor\"},\"description\":\"Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.\",\"sameAs\":[\"http:\\\/\\\/financialafrik.com\",\"https:\\\/\\\/www.facebook.com\\\/pages\\\/Financial-Afrik\\\/150840631757446?fref=ts\"],\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/author\\\/admincfa\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance - Financial Afrik","description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/","og_locale":"en_US","og_type":"article","og_title":"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance","og_description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","og_url":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/","og_site_name":"Financial Afrik","article_publisher":"https:\/\/www.facebook.com\/FinancialAfrik\/","article_author":"https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts","article_published_time":"2019-04-09T09:22:40+00:00","og_image":[{"width":319,"height":361,"url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_creator":"@Financialafrik","twitter_site":"@Financialafrik","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#article","isPartOf":{"@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/"},"author":{"name":"Editor","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/person\/80f802fd6db958ac83d55076c6c93692"},"headline":"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance","datePublished":"2019-04-09T09:22:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/"},"wordCount":297,"commentCount":0,"publisher":{"@id":"https:\/\/www.financialafrik.com\/en\/#organization"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","keywords":["Afreximbank","Benedict Oramah"],"articleSection":["Banks &amp; Insurance","Leaders","Press releases"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/","url":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/","name":"Afreximbank Releases Abridged Audited 2018 Financial Statements, Shows Continued Strong Performance - Financial Afrik","isPartOf":{"@id":"https:\/\/www.financialafrik.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#primaryimage"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","datePublished":"2019-04-09T09:22:40+00:00","description":"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/2019\/04\/09\/afreximbank-releases-abridged-audited-2018-financial-statements-shows-continued-strong-performance\/#primaryimage","url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","contentUrl":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","width":319,"height":361,"caption":"Dr. Benedict Oramah, President, Afreximbank."},{"@type":"WebSite","@id":"https:\/\/www.financialafrik.com\/en\/#website","url":"https:\/\/www.financialafrik.com\/en\/","name":"Kapital Afrik","description":"All African finance","publisher":{"@id":"https:\/\/www.financialafrik.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.financialafrik.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.financialafrik.com\/en\/#organization","name":"Kapital Afrik | All African finance","url":"https:\/\/www.financialafrik.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","contentUrl":"https:\/\/www.kapitalafrik.com\/wp-content\/uploads\/2020\/06\/logo-430x76-kapital-afrik-.png","width":1740,"height":266,"caption":"Kapital Afrik | All African finance"},"image":{"@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/FinancialAfrik\/","https:\/\/x.com\/Financialafrik","https:\/\/www.instagram.com\/financialafrikbusiness\/","https:\/\/www.linkedin.com\/in\/financial-afrik\/","https:\/\/www.youtube.com\/channel\/UCSeoXcgLHLSVaKqMP7cQaJQ\/"]},{"@type":"Person","@id":"https:\/\/www.financialafrik.com\/en\/#\/schema\/person\/80f802fd6db958ac83d55076c6c93692","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c96a10dd5744a16de1cf5f4a5f23907a6d913e6ec3825c7447bb7a86e51e0a6d?s=96&d=blank&r=g","caption":"Editor"},"description":"Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.","sameAs":["http:\/\/financialafrik.com","https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts"],"url":"https:\/\/www.financialafrik.com\/en\/author\/admincfa\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2019\/04\/image005-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/465550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/users\/527180"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/comments?post=465550"}],"version-history":[{"count":0,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/posts\/465550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media\/465554"}],"wp:attachment":[{"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/media?parent=465550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/categories?post=465550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.financialafrik.com\/en\/wp-json\/wp\/v2\/tags?post=465550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}