MISSION AND VISION
We are the foremost provider of financing solutions to operators within the African extractive minerals and energy value chain.
Our utmost mission is to catalyze the requisite investment to enhance and transform Africa’s Energy and Blue Economy.
Our Mission
AEMBANK will typically serve the purpose of providing sector specific financial solutions to the entire spectrum of activities in the extractive minerals and energy sectors.
The broad strategic objective is to facilitate and drive Africa’s self reliance in the provision of her energy and extractive minerals/shipping trade needs, both in the fossil fuel and energy transition era.
The bank will play a crucial role in providing catalyst funding, which kick-starts mining projects and attracts further investments.
Our Vision
AEMBANK is envisioned to bridge a strategic funding gap in the extractive minerals and energy sectors which are very critical to the economic development of the African region.
It is modelled to provide development finance intervention to the unique funding needs of the sectors
Core Values
Continental Coverage
Africa is among the developing regions of the world with a largely frontier market. Addressing the challenges of development in Africa in itself presents a huge economic opportunity in diverse areas of investment activities. One of the critical areas that have accounted for Africa’s unimpressive development performance over the years has been inadequate economic infrastructure and their poor state where they exist. The African continent has a total land area of 30.37million square kilometres. It has emerged as the world’s largest free trade area with a 1.216 billion persons market.
The African region is gradually building a new development path, harnessing the potential of its resources and people. The region is comprised of low, lower-middle, upper-middle and high-income countries totalling 55 sovereign states. It remains one of the fastest growing regions in the world. The African region is the world’s smallest contributor to carbon dioxide emission - less than 3% of the global total, it is perhaps the most vulnerable to climate related shocks. Africa’s share of global trade is 3% (import and export trade). China is emerging as Africa’s largest trading partner, and recent growth trends strengthen this position. The value of trade between Africa and China rose by 35% from 2020 to USD254 billion in 2021 mainly due to increase in Chinese exports to the continent.
Board of Directors
The Board of Directors has ultimate responsibility for policy formulation, strategy and decision making, with specific authority delegated to three subsidiary committees and Executive Management for day-to-day operations.