{"id":95332,"date":"2026-02-05T11:03:59","date_gmt":"2026-02-05T11:03:59","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding"},"modified":"2026-02-05T11:27:51","modified_gmt":"2026-02-05T11:27:51","slug":"sa-joins-afreximbank-unlocking-r128-billion-in-funding","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding","title":{"rendered":"SA joins Afreximbank, unlocking R128 billion in funding"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), becoming its 54th member state.<\/p>\n<p>Afreximbank is launching a Country Programme of just over 128.5 billion rand ($8 billion) aligned with the National Development Plan 2030 and the country&#8217;s industrial priorities.<\/p>\n<p>Once finalised, the Programme will be operationalised through a finance package that will initially support a range of strategic projects across the trade and industrial cluster.<\/p>\n<p>Delivering the keynote address at the accession signing ceremony in Johannesburg, President Cyril Ramaphosa highlighted South Africa\u2019s vision for industrialisation, export diversification, decarbonisation, and digitisation.<\/p>\n<p>Stephen Grootes interviews the Acting Deputy Director General of Exports at the Department of Trade, Industry and Competition (dtic), Willem van der Spuy.<\/p>\n<p>The overall programme will aim to inject capital into priority industrial projects and support export diversification, as well as infrastructure development, van der Spuy says.<\/p>\n<p>He also highlights support for transformation initiatives, which will be done through the Bank&#8217;s Inclusive Development Support Programme.<\/p>\n<p>About R48 billion ($3 billion) will go towards the Transformation Fund, to address structural barriers that have historically excluded many South Africans from participating in trade and industrialisation, as President Ramaphosa put it.<\/p>\n<p>&#8220;It will look at allocating funding for projects that enable black businesses and entrepreneurs to access finance and participate in strategic sectors of our economy&#8221;, van der Spuy explains.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">South-Africa<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), becoming its 54th member state. Afreximbank is launching a Country Programme of just over 128.5 billion rand ($8 billion) aligned with the National Development Plan 2030 and the country&#8217;s industrial priorities. Once finalised, the Programme will be [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":95331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,377],"tags":[275],"class_list":["post-95332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SA joins Afreximbank, unlocking R128 billion in funding - South Africa<\/title>\n<meta name=\"description\" content=\"South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), beco ...\" \/>\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.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA joins Afreximbank, unlocking R128 billion in funding\" \/>\n<meta property=\"og:description\" content=\"South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), beco ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-05T11:03:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-05T11:27:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/02\/sm_1770277920.88457.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SA joins Afreximbank, unlocking R128 billion in funding\",\"datePublished\":\"2026-02-05T11:03:59+00:00\",\"dateModified\":\"2026-02-05T11:27:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\"},\"wordCount\":244,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2026\/02\/sm_1770277920.88457.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-joins-afreximbank-unlocking-r128-billion-in-funding\",\"name\":\"SA joins Afreximbank, unlocking R128 billion in funding - 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